Retail Asia08/05/2023
2min0
Minh Phu Seafood, one of the country’s biggest shrimp processors, reported a loss of VND95 billion ($4.1 million) in the first quarter, ending its seven-year profitability streak. Its revenues fell by half year-on-year to VND2.1 trillion. The gross profit margin almost halved from over 11% to less than 6%, while interest on borrowings nearly tripled, […]