Friday, May 04, 2007

Vietnamese net maker Det Luoi Saigon expects a revenue increase this year

Vietnam's fishing net maker Det Luoi Saigon Joint Stock Co. (SFN) said on Friday it expected an 18.5% rise in revenues to 130 billion dong ($8 million) this year.

The Ho Chi Minh City-based company also said in a statement to the stock exchange it expected its gross profit to edge up nearly 1% from 2006 to 9.3 billion dong ($570,000).

Source: Reuters

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