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Asia

Margin cut sees Minh Phu’s profits almost halved in Q4

For much of 2019 the shrimp processor has been having to buy raw materials at inflated prices to ensure it could meet orders, eating into margins

By Undercurrent News | Feb. 25, 2020 10:09 GMT
Minh Phu at Vietfish 2017. Credit: Neil Ramsden, Undercurrent News
Minh Phu Seafood Corp. at Vietfish 2017. Credit: Neil Ramsden, Undercurrent News
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