Bac Lieu Fisheries JSC

Bac Lieu Fisheries JSC

UUPCOM:BLF
2,500.00
VND
-100.00
(-3.85%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Dam Thanh Nguyen
Sector
Retail trade
Industry
Food retail
Address
Bac Lieu Vietnam
IPO Date
Dec 18, 2023
Business
Bac Lieu Fisheries Joint Stock Company is a Vietnam-based seafood processing and exporting enterprise primarily engaged in the farming, processing, and distribution of frozen and value-added shrimp products. The company operates through several integrated business segments, offering a wide range of marine and aquaculture items, including: raw and cooked frozen shrimp products such as black tiger shrimp (Penaeus monodon) and whiteleg shrimp (Litopenaeus vannamei) in head-on shell-on (HOSO), headless shell-on (HLSO), peeled and deveined (PD), peeled undeveined (PUD), and peeled tail-on (PTO) specifications; specialized value-added seafood items, including Nobashi stretched shrimp, sushi-grade shrimp, butterfly cuts, shrimp skewers, tempura-coated shrimp, and breaded shrimp; prepared frozen foods, comprising seafood spring rolls, shrimp wontons, and seafood dim sum; aquaculture farming supplies, raw material sourcing, and post-harvest aquaculture feed trade; and commercial cold storage warehousing, blast freezing, and cold-chain logistics services for third-party seafood distributors. Bac Lieu Fisheries JSC distributes its products domestically across Vietnam and exports internationally to key consumer markets, including the European Union, the United States, Japan, South Korea, Australia, and member countries of the Association of Southeast Asian Nations (ASEAN). Originally established in 1983 as a state enterprise before completing its equitization in 2004, the company is headquartered in Bac Lieu City, Bac Lieu Province, Vietnam, and trades on the UPCoM board of the Hanoi Stock Exchange under the ticker symbol BLF. In recent operational developments, the company has transitioned its primary market strategy toward higher-margin value-added ready-to-cook seafood lines to mitigate global raw material price fluctuations and international tariff pressures; upgraded its processing plants to maintain strict compliance with international food safety and sustainability certifications, including HACCP, ISO 22000, BAP, and ASC; restructured its local raw material supply chain by forming direct procurement alliances with certified farming cooperatives across the Mekong Delta; and modernized its cold chain and automated freezing infrastructure to optimize processing efficiency and reduce energy costs.