Angiang Fisheries Import & Export JSC said its normalized net income for the first quarter came to 70.47 dong per share, a decline of 76.5% from 299.87 dong per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 1.97 billion dong, a decrease of 76.6% from 8.42 billion dong in the prior-year period.
The normalized profit margin declined to 0.4% from 1.1% in the year-earlier period.
Total revenue decreased 32.8% year over year to 497.23 billion dong from 740.05 billion dong, and total operating expenses declined 32.6% year over year to 483.61 billion dong from 717.90 billion dong.
Reported net income declined 55.0% year over year to 2.72 billion dong, or 97.27 dong per share, from 6.05 billion dong, or 215.45 dong per share.
As of April 21, US$1 was equivalent to 21,585 dong.
