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Although the company received many overseas orders, the production capacity of Jinmao and Houjiang plants dropped sharply, with processing capacity of only 25%
.
According to Le Van Quang, general manager of Mingfu Group, there is a huge demand for white shrimp in the global market.
The company has signed a large number of orders with its partners in the past four months.
India and Indonesia have been severely affected by the epidemic and insufficient supply has stimulated the continuous rise of shrimp prices
.
The company has signed a large number of orders with its partners in the past four months.
India and Indonesia have been severely affected by the epidemic and insufficient supply has stimulated the continuous rise of shrimp prices
.
"From now until November, if we have the raw materials, we can use the Christmas demand to sell them in the European and American markets
.
But after November, they can only be sold to markets such as China, Japan, and South Korea
.
Although the market is ideal , Mingfu Group can only meet 50% of the orders, in addition to the '3TC' restriction policy, it also faces a shortage of raw materials
.
" Quang said
.
.
But after November, they can only be sold to markets such as China, Japan, and South Korea
.
Although the market is ideal , Mingfu Group can only meet 50% of the orders, in addition to the '3TC' restriction policy, it also faces a shortage of raw materials
.
" Quang said
.
At present, the shrimp farming industry in the Mekong Delta is entering the harvest season, but the processing plants have insufficient purchasing power and serious transportation problems
.
Mingfu Group recommends that shrimp farmers extend the breeding cycle and reduce the breeding density
.
.
Mingfu Group recommends that shrimp farmers extend the breeding cycle and reduce the breeding density
.
In order to meet overseas orders as much as possible and maintain the shrimp farming industry in Vietnam, Ming Phu Group did not hesitate to increase the cost to remind the production capacity.
The company rented all the hotels where the factory is located, including five-star hotels, but still cannot provide accommodation for all employees
.
The company rented all the hotels where the factory is located, including five-star hotels, but still cannot provide accommodation for all employees
.
Quang said that the Houjiang factory has very limited accommodation, which can only provide protection for the administrators and cannot serve the employees
.
The Houjiang factory is located in Nam Song Hau Industrial Zone, with Can Tho City in the north and Shuochuang in the south
.
Workers from Can Tho and Suochuang must be quarantined when entering the Houjiang factory.
If a worker is found to be infected with the new crown virus, the entire factory must stop work and kill
.
.
The Houjiang factory is located in Nam Song Hau Industrial Zone, with Can Tho City in the north and Shuochuang in the south
.
Workers from Can Tho and Suochuang must be quarantined when entering the Houjiang factory.
If a worker is found to be infected with the new crown virus, the entire factory must stop work and kill
.
This year, the Ming Fu Group’s expected target is to achieve 157,000 VND billion in revenue and 1.
1 trillion VND in after-tax profit.
Taking into account the reality, this year’s expected target may not be achieved, and the Ming Fu Group’s dividend is also reduced to the established amount.
50-70%
.
In the first half of this year, Ming Fu Group achieved revenue of 6.
1 trillion VND and after-tax profit of 276 billion VND
.
1 trillion VND in after-tax profit.
Taking into account the reality, this year’s expected target may not be achieved, and the Ming Fu Group’s dividend is also reduced to the established amount.
50-70%
.
In the first half of this year, Ming Fu Group achieved revenue of 6.
1 trillion VND and after-tax profit of 276 billion VND
.
From the beginning of 2021 to the present, Ming Fu Group's share price has risen 37%, with a market value of more than 2.
1 trillion VND
.
1 trillion VND
.
