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Cafico Vietnam reached VND2.77 billion of post-tax profit
In the third quarter of 2011, Cafico Vietnam Joint Stock Company (Cafico Vietnam) totaled VND41 billion of sales and services and VND1.66 billion of post-tax profit, according to its trading statement in the third quarter and first nine months this year.
In first nine months, Cafico Vietnam generated VND90 billion of cumulative net revenue and VND2.77 billion of post-tax profit.
In 2011, the company planned to reach VND150 billion of total revenue and at least VND5 billion of post-tax profit. Its yield dividend is expected to stand at 15 percent.
Currently, Cafico has more than VND24.4 billion of charter capital and operates in processing and trading seafood products and ice, as well as selling materials and fuel used in aquaculture, catching and seafood processing…
Cafico was one of Vietnamese companies controlling strictly and effectively anti-biotic residues in seafood, particularly those exported to Japan. During last four years, it received no alert on antibiotic residues in its exported products.
So far, it has invested largely in antibiotics testing and controlling system and tested its entire raw octopus imported for outsourcing.
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