Fimex aiming to boost profits, revenue with new processing facilities and shrimp farms

Published on
September 28, 2022
An aerial view of Fimex's shrimp ponds.

By 2025, Vietnamese shrimp producer Fimex aims to earn a sales revenue of USD 300 million (EUR 303.7 million) and a consolidated net profit of VND 500 billion (USD 21.1 million, EUR 21.3 million) thanks to its expansion plans, according to Fimex Chairman Ho Quoc Luc.

Fimex’s 2021 export value, which also included sales of agricultural products, grew 12 percent year-on-year to USD 213 million (EUR 215.6 million). Its consolidated net profit in 2021 was VND 286.9 billion (USD 12.12 million, EUR 12.26 million), 27 percent higher year-on-year.

Fimex has also had a successful start to 2022 ...

Photo courtesy of Fimex

Contributing Editor reporting from Hanoi, Vietnam

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