We expect that the 1Q25F’s earnings for most enterprises could see a modest yoy growth, driven by gross margin expansion thanks to lower aquafeed costs and well controlled costs of raw pangasius/ shrimp. VHC is likely to post a weaker-than-expected export volume, while pangasius ASPs see an uptick in yoy and qoq due to the low base effect. Alongside, ANV and IDI are facing the tepid exports to the Chinese market (their key market). For shrimp industry, FMC is capitalizing on the high-efficiency farming areas to reduce input costs and meet export demand revival in EU and Japanese markets.

We expect that the 1Q25F’s earnings for most enterprises could see a modest yoy growth, driven by gross margin expansion thanks to lower aquafeed costs and well controlled costs of raw pangasius/ shrimp. VHC is likely to post a weaker-than-expected export volume, while pangasius ASPs see an uptick in yoy and qoq due to the low base effect. Alongside, ANV and IDI are facing the tepid exports to the Chinese market (their key market). For shrimp industry, FMC is capitalizing on the high-efficiency farming areas to reduce input costs and meet export demand revival in EU and Japanese markets.

We expect that the 1Q25F’s earnings for most enterprises could see a modest yoy growth, driven by gross margin expansion thanks to lower aquafeed costs and well controlled costs of raw pangasius/ shrimp. VHC is likely to post a weaker-than-expected export volume, while pangasius ASPs see an uptick in yoy and qoq due to the low base effect. Alongside, ANV and IDI are facing the tepid exports to the Chinese market (their key market). For shrimp industry, FMC is capitalizing on the high-efficiency farming areas to reduce input costs and meet export demand revival in EU and Japanese markets.

We expect that the 1Q25F’s earnings for most enterprises could see a modest yoy growth, driven by gross margin expansion thanks to lower aquafeed costs and well controlled costs of raw pangasius/ shrimp. VHC is likely to post a weaker-than-expected export volume, while pangasius ASPs see an uptick in yoy and qoq due to the low base effect. Alongside, ANV and IDI are facing the tepid exports to the Chinese market (their key market). For shrimp industry, FMC is capitalizing on the high-efficiency farming areas to reduce input costs and meet export demand revival in EU and Japanese markets.

We expect that the 1Q25F’s earnings for most enterprises could see a modest yoy growth, driven by gross margin expansion thanks to lower aquafeed costs and well controlled costs of raw pangasius/ shrimp. VHC is likely to post a weaker-than-expected export volume, while pangasius ASPs see an uptick in yoy and qoq due to the low base effect. Alongside, ANV and IDI are facing the tepid exports to the Chinese market (their key market). For shrimp industry, FMC is capitalizing on the high-efficiency farming areas to reduce input costs and meet export demand revival in EU and Japanese markets.

We expect that the 1Q25F’s earnings for most enterprises could see a modest yoy growth, driven by gross margin expansion thanks to lower aquafeed costs and well controlled costs of raw pangasius/ shrimp. VHC is likely to post a weaker-than-expected export volume, while pangasius ASPs see an uptick in yoy and qoq due to the low base effect. Alongside, ANV and IDI are facing the tepid exports to the Chinese market (their key market). For shrimp industry, FMC is capitalizing on the high-efficiency farming areas to reduce input costs and meet export demand revival in EU and Japanese markets.

We expect that the 1Q25F’s earnings for most enterprises could see a modest yoy growth, driven by gross margin expansion thanks to lower aquafeed costs and well controlled costs of raw pangasius/ shrimp. VHC is likely to post a weaker-than-expected export volume, while pangasius ASPs see an uptick in yoy and qoq due to the low base effect. Alongside, ANV and IDI are facing the tepid exports to the Chinese market (their key market). For shrimp industry, FMC is capitalizing on the high-efficiency farming areas to reduce input costs and meet export demand revival in EU and Japanese markets.

We expect that the 1Q25F’s earnings for most enterprises could see a modest yoy growth, driven by gross margin expansion thanks to lower aquafeed costs and well controlled costs of raw pangasius/ shrimp. VHC is likely to post a weaker-than-expected export volume, while pangasius ASPs see an uptick in yoy and qoq due to the low base effect. Alongside, ANV and IDI are facing the tepid exports to the Chinese market (their key market). For shrimp industry, FMC is capitalizing on the high-efficiency farming areas to reduce input costs and meet export demand revival in EU and Japanese markets.

We expect that the 1Q25F’s earnings for most enterprises could see a modest yoy growth, driven by gross margin expansion thanks to lower aquafeed costs and well controlled costs of raw pangasius/ shrimp. VHC is likely to post a weaker-than-expected export volume, while pangasius ASPs see an uptick in yoy and qoq due to the low base effect. Alongside, ANV and IDI are facing the tepid exports to the Chinese market (their key market). For shrimp industry, FMC is capitalizing on the high-efficiency farming areas to reduce input costs and meet export demand revival in EU and Japanese markets.

We expect that the 1Q25F’s earnings for most enterprises could see a modest yoy growth, driven by gross margin expansion thanks to lower aquafeed costs and well controlled costs of raw pangasius/ shrimp. VHC is likely to post a weaker-than-expected export volume, while pangasius ASPs see an uptick in yoy and qoq due to the low base effect. Alongside, ANV and IDI are facing the tepid exports to the Chinese market (their key market). For shrimp industry, FMC is capitalizing on the high-efficiency farming areas to reduce input costs and meet export demand revival in EU and Japanese markets.