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Central Pattana rallies businesses under Central Group to implement national-level Omnichannel Economic Vaccine roadmap
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AGI Announces First Quarter 2021 Results
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WINNIPEG, MB, May 11, 2021 /CNW/ - Ag Growth International Inc. (TSX: AFN) ( AGI , the Company , we or our ) today announced its financial results for the three-months ended March 31, 2021.
First Quarter 2021 Highlights
Consolidated trade sales increased 12% to $256M on a year-over-year ( YOY ) basis
Adjusted EBITDA increased 52% to $39M on a YOY basis
Adjusted EBITDA margin of 15.3% vs 11.2% on a YOY basis
Total backlog increased 40% on a YOY basis as of the end of the quarter
Outlook
Supported by healthy demand and a strong backlog, up 42% YOY as of late April, we expect robust trade sales growth throughout 2021.
VIETNAM BUSINESS NEWS APRIL 6 Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
06/04/2021 12:03 GMT+7
Vietnamese fruit and vegetable sector targets export revenue of $10 billion
The agricultural sector has determined to improve quality to meet import market standards and achieve the export target of US$10 billion by 2030.
Dang Phuc Nguyen, general secretary of the Viet Nam Vegetables Association, said that new-generation free trade agreements (FTAs) such as the EU-Viet Nam Free Trade Agreement (EVFTA); the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP); or Regional Comprehensive Economic Partnership (RCEP) were helping pave the way for Vietnamese businesses to increase fruit and vegetable export turnover this year.
Central Retail Corporation from Thailand has drawn up ambitious plans for the next five years in VietnamÂ
With a target of further expanding its footprint in Vietnam as a high-potential market, Thailandâs Central Retail Corporation (CRC) has come up with a five-year plan with an investment value of approximately THB35 billion ($1.1 billion) to cover 55 cities and provinces nationwide.
Yol Phokasub, CEO of CRC, revealed in a statement in early April that CRC is forging on with business expansion in Vietnam. âThanks to strong collaboration from all sectors, Vietnam has emerged from the COVID-19 pandemic with a GDP growth rate of 2.91 per cent, the lowest growth for the market but still positive growth while most other countries reported an average 4.4 per cent reduction. Vietnamâs economy is predicted to bounce back to 6.8 per cent in 2021,â he said.
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