Vinh Hoan team

Vinh Hoan (VHC) reported a 73% increase in revenue in August over the same period

In terms of market, domestic revenue in August increased by 179% to 310 billion dong, the second largest contributor (1/4) to Vinh Hoan (VHC)'s revenue after the US.

Vinh Hoan Joint Stock Company (HOSE: VHC) has just announced its business results in August with export revenue of VND 1,270 billion, up 73% over the same period and up 6% from the previous month.

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In terms of revenue structure, almost all segments recorded two to three-digit growth compared to the same period last year: Pangasius segment increased by 63% to VND 780 billion; by-products increased by 95% to VND 263 billion; other mixed products increased 617% to 120 billion. In contrast, healthcare products were the only segment that went backwards compared to the same period, down 15% to 58 billion dong.

However, compared to July, the pangasius export segment cooled down, down 2%; health care products 20% off. Except for the US and Vietnam, the European market, China and other countries saw revenue decelerate, 40%, 13% and 15% respectively.

In terms of market, domestic revenue increased by 179% to 310 billion dong, becoming the second largest contributor (1/4) to Vinh Hoan's revenue in August after the US. 

Export revenue also increased simultaneously. In which, the US (up 72%), Europe (up 5%), China (up 19%).

Fuente: nguoiquansat.vn (translated from original in vietnamese)

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Address:	National Road 30, Ward 11
City:	Cao Lanh
State/ZIP:	Dong Thap
Country:	Viet Nam
Phone:	+84 6789 1166
Fax:	+84 6789 1062
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