ANV shares of Nam Viet Corporation have surged 70% since CEO Doãn Tới sent a reassurance letter on April 9. On June 30, shares hit a ceiling price of 21,150 VND per share after the US announced anti-dumping results where ANV faced no tariffs. Previously, shares fell sharply due to fears of a 46% tariff. Doãn Tới purchased 3 million shares, increasing his stake to 54.98%. By the end of Q1 2025, ANV reported revenue of 1,106 billion VND and a profit jump from 17 billion to 132 billion VND. At the annual shareholder meeting on June 28, ANV set a target revenue of 6,200 – 7,000 billion VND and a pre-tax profit of 500 billion for 2025, which is six times higher than in 2024. The potential for exporting catfish to the US, Europe, and increasing domestic consumption presents great opportunities for ANV ahead. Vietnamese tilapia is also expected to grow due to price advantages.
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