NAF [NON RATED] - Promising growth prospects for fruit & vegetable exports - Visit Note
  • 2023-09-25T00:00:00
  • Company Research

- Nafoods Group JSC (HOSE: NAF) is a prominent player in Vietnam’s fruit & vegetable export industry, ranking among the top three exporters in the country and holding the distinction of being Asia’s top passion fruit exporter (according to the company).

- NAF’s key business lines include fruit concentrates and purees, individually quick frozen (IQF) fruit products, passion fruit seedlings, fresh fruits, and other added-value products.

- Export markets are NAF’s main revenue driver, contributing an average of 78% to the company’s revenue in 2019-2022. NAF’s domestic presence is most pronounced in southern Vietnam, which accounted for an average of 17% of revenue in 2019-2022. Meanwhile, northern and central Vietnam accounted for less than 10% of the company’s revenue.


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