Abc Vietnam Joint Stock Company (Vietnam)

The subject is a privately held company, which was established in 2006 in Hung Yen province. It specializes in manufacturing and trading feed for cattle, poultry, and aquatic animals; and importing and trading materials for feed production. According to the share of the chief accountant, last year, the subject invested machinery and production lines to expand the new business line - processing chicken, which has been officially operated since July 2022. However, this new business line only reached several hundred million, a very small amount in total sales of several trillion dongs of the subject in that year. Last year, the net sales were recorded at VND 5,525,836 million, which increased by 16.30% in comparison with that of 2021. The chief accountant said that the main reason for this growth was that the subject expanded more in the field of importing and trading materials for feed production, which rose by 25% over 2021 while the sales from the field of manufacturing and trading feed for cattle, poultry, and aquatic animals only rose by 3%. In 2023, the subject's business operations are still stable and the estimated sales for this year are the same as in 2022, she said.