AsemconnectVietnam - Sao Ta Food Joint Stock Company (FMC) has just released the documents for its 2026 Annual General Meeting of Shareholders, to be held on April 17th.

In 2026, Sao Ta aims for consolidated sales revenue of VND8,000 billion and consolidated pre-tax profit of VND452 billion. FMC stated that this year's profit target is expected to increase by approximately 10% compared to the previous year's performance; however, the company still expects a breakthrough to 15-20% if conditions are favorable.
Sao Ta's plan is based on the context of the global shrimp industry entering a phase of structural competition, no longer purely price-based; large and cheap shrimp supplies from Ecuador and India are putting strong pressure on the mainstream segment.
Furthermore, the Vietnamese shrimp farming industry is still facing difficulties, with low success rates, high production costs, and pressure on competitiveness compared to shrimp from other countries. Meanwhile, key markets continue to tighten technical standards, sustainability, traceability (EU), and trade protection measures (US).
Therefore, the company's goal this year is not to expand at all costs, but only to invest when it increases long-term competitiveness and aligns with its integrated value chain strategy; prioritizing research and production of shrimp larvae and shrimp farming. From there, the company will move towards a highly integrated model encompassing larvae - farming areas - processing - customers - sustainable development.
Regarding profit distribution, the company proposes a dividend of 20% for 2025 and at least 20% of par value for 2026.
In 2025, Sao Ta is expected to record processed shrimp production of 29,543 tons, an increase of 14.4% compared to the previous year. Shrimp sales reached 25,540 tons, an increase of 10.7%. Consequently, sales revenue reached US$291 million, a 16% increase; however, pre-tax profit reached VND411 billion, a decrease of over 2%.
N.Nga
Source: VITIC/Tinnhanhchungkhoan