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Aquaculture

Minh Phu’s 2023 losses reach $4.5m

The Vietnamese shrimp giant had expected a recovery in the third quarter, but losses continued, this time reaching almost $1m

By Undercurrent News | Nov. 6, 2023 10:49 GMT
Every year, this six-hectare Minh Phu Seafood farm produces 1,095 kilos of black tiger shrimp using traditional farming methods – although it should be noted that roughly half the farming area consists of mangrove forest.
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Vietnamese shrimp company Minh Phu Seafood had expected a financial recovery to begin in the third quarter of 2023, but has fallen to another loss, reports Dautu Online [...]

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