On March 27, 2025, 188bet bong88 Annual General Meeting of Shareholders (AGM) of Western Food Processing and Export Joint Stock Company (Westfood) was successfully held in Hanoi. 188bet bong88 meeting approved various reports and proposals, notably 188bet bong88 2024 business performance report and 188bet bong88 2025 business plan, 188bet bong88 2024 audited financial statements, along with other matters within 188bet bong88 AGM’s authority.
According to 188bet bong88 report presented at 188bet bong88 AGM, Westfood recorded net revenue of VND 412.82 billion in 2024, reaching 146.32% of 188bet bong88 2023 figure. Driven by 188bet bong88 strategy to develop business operations, Westfood’s Board of Directors (BOD), in close coordination with 188bet bong88 management team, achieved remarkable results, with after-tax profit increasing by 533.76% compared to 2023.
Westfood Successfully Holds 2025 Annual General Meeting of Shareholders
In 188bet bong88 2024 operations report, it was noted that 188bet bong88 BOD directly oversaw and supervised 188bet bong88 Executive Board and managers in production and business activities, capital mobilization, and 188bet bong88 maintenance and gradual improvement of service and product quality. With existing advantages in raw material zones and infrastructure, Westfood is undergoing a strong transformation with significant progress. Moreover, with major investments in 188bet bong88 construction of an agricultural processing plant in Hau Giang province and a clear production and business strategy, 188bet bong88 company is on a growth trajectory aligned with its full potential, aiming to become one of Vietnam’s leading processed fruit import-export companies.
Speaking about 188bet bong88 2025 business plan, Ms. Nguyen Thi Minh Nguyet – Chairwoman of 188bet bong88 Board cum General Director of Westfood – stated that despite ongoing structural and production challenges in both domestic and global economies, rising input and material costs, and market disruptions due to 188bet bong88 Russia-Ukraine conflict, Westfood is determined to build a solid foundation. 188bet bong88 company aims to become a global ambassador for Vietnam’s tropical fruits, progressively affirming its position in 188bet bong88 international market, especially in high-demand markets like 188bet bong88 U.S., Japan, 188bet bong88 EU, and South Korea.
At 188bet bong88 AGM, Ms. Nguyet also shared one of 188bet bong88 company’s greatest pride points – 188bet bong88 Westfood Hau Giang plant. Built on a 7-hectare site with a total investment of over VND 666 billion and a capacity of 120 tons of finished products per day, 188bet bong88 plant is expected to begin operations in Q2/2025. Upon completion, 188bet bong88 Hau Giang facility will be one of 188bet bong88 largest agricultural processing plants in 188bet bong88 Mekong Delta. It will produce various new high-quality product lines alongside Westfood’s existing ones, boosting 188bet bong88 development of raw material areas—not only 188bet bong88 MD2 pineapple but also other agricultural products. Furthermore, 188bet bong88 project emphasizes 188bet bong88 strong link between Westfood and local farmers, helping 188bet bong88 company ensure a stable supply of quality raw materials, secure output and prices for farmers, and generate thousands of jobs for local laborers.
Ms. Nguyen Thi Minh Nguyet – Chairwoman cum General Director of Westfood speaks at 188bet bong88 AGM
With a strategic goal of becoming a leading company in fruit processing and export, actively sourcing raw materials for production, and representing Vietnam’s agricultural brand internationally, Westfood has outlined its 2025 plan, building on 188bet bong88 achievements of 2024 and its recent organizational restructuring. Key directions and targets for 2025 include: focusing on core products such as mango, MD2 pineapple, TFC, and canned lotus seeds; expanding into new markets and customer bases, especially large-scale clients to increase revenue; enhancing production quality at 188bet bong88 plant to meet increasingly stringent market and customer quality standards; continuing technological and process innovation; and putting 188bet bong88 Hau Giang plant into operation with modern equipment to improve productivity and drive a 41% increase in revenue compared to 2024.
Based on these strategies, 188bet bong88 AGM approved 188bet bong88 2025 plan, setting a target net revenue of VND 582.55 billion, up 41% from 2024, and a pre-tax profit target of VND 36 billion.
