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2018 pangasius prices take expanding Navico to record profits

The Vietnamese firm was able to take advantage of an all-time high for pangasius prices, with sales rising 40% and net profit up 320% year-on-year

By Neil Ramsden | Feb. 18, 2019 09:42 GMT
Raw pangasius fillets. Credit: MaraZe/Shutterstock.com
Raw pangasius fillets. Credit: MaraZe/Shutterstock.com
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Vietnamese pangasius farmer and processor Nam Viet Joint Stock Company (Navico) wrapped up a strong 2018 with a fourth quarter that saw its profit after tax soar a whopping 553%, it has announced [...]

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