In HAGL''s revenue structure, revenue from fruit accounted for the largest proportion, with a value of VND577 billion, up 162 per cent on-year. Sales of pigs increased by nearly 200 per cent to VND540 billion.
The fourth quarter result of Hoang Anh Gia Lai (HAG) showed that the company lost nearly VND2.2 trillion last year as it struggled to manage business with many uncertainties due to COVID-19.
Hoang Anh Gia Lai JSC (HAGL) and its arm Hoang Anh Gia Lai Agricultural JSC (HAGL Agrico) reported poor business results in the second quarter and first half of 2019.
The HCM Stock Exchange has warned Hoang Anh Gia Lai JSC (HAG) and its agribusiness arm, Hoang Anh Gia Lai Agricultural JSC (HNG), of probable delisting if they fail to submit the financial statements for 2017.
Major Vietnamese business people have geared up to take over State-owned
enterprises, which were recently equitised, in the role of strategic
partners.