• The southern bourse-listed Sao Ta Food Joint Stock Co (coded FMC) has lately released the business results of May 2012.

    Accordingly, last month, the company has processed 602 tonnes of products, consumed 541 tonnes, bringing in revenue of $5.5 million.

    Accumulatively, in the first five months of 2012, the company estimated to reach total processed volume of 2,323 tonnes, increasing by 112 percent against the same period last year, while consumption volume of 2,336 tonnes (up 109%), with accumulative revenue of $27.5 million.

    At present, like other shrimp exporters, the company has to face with difficulty due to high input costs (raw material price), slumping trend in sales price and disadvantageous forex rates.
     
    Vietbiz24
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