From a veterinary medicine import and distribution company, Anova Group has completed a closed agricultural production chain, providing a complete package from breeds, vaccines, veterinary medicines to animal feed and moving towards conquering the consumer goods market.
Step by step building a closed agricultural chain
In 1992, Thanh Nhon Trading Company Limited was established, operating in the field of importing and distributing veterinary medicines. In 2002, Anova Joint Venture Company Limited was established to continue to increase the existing veterinary medicine market share and expand its business to the animal feed sector.
During this time, the company has undergone strong changes. From being just a supplier of input materials, the company has been able to independently produce high-quality finished veterinary medicines.
In May 2014, Anova Biotech Joint Stock Company - a company specializing in importing and distributing vaccines and veterinary drugs from reputable manufacturers in the world for distribution to the livestock industry in the Vietnamese market - was established.
Following that, Anova Pharma Joint Stock Company was also heavily invested in specializing in the production and trading of veterinary and aquatic medicine products that meet WHO-GMP standards. Up to now, Anova has accounted for 35% of the domestic veterinary medicine market share and exported Vietnamese branded products to 26 countries around the world.
Anova Pharma factory produces veterinary medicine products that meet WHO-GMP standards
Recognizing the transformation in the agricultural sector, in 2015, Anova Group officially invested in the farm sector, through the establishment of Anova Farm Company. Just two years later, in 2017, Anova Farm was honored to receive the Global G.A.P global standard certification (issued by the international certification organization Control Union), as a result of the group's continuous efforts and commitment to quality.
From 2018 to present, Anova Group continues to invest in expanding the livestock sector through increasing Anova Farm's high-quality pig herd and investing in high-yield dairy farms through investing in Anova Agri Binh Duong Joint Stock Company.
As part of the group's strategic chain, Anova Agri Binh Duong is invested in modern equipment, complete infrastructure and high-quality cow breeds from developed countries such as the US and New Zealand to provide the market with high-quality and safe raw milk.
Anova Group increases animal feed production to serve the market and the companies in the system
Along with its member companies, Anova Group has gradually completed a closed agricultural production chain, providing a complete package of breeds, vaccines, veterinary medicines, animal feed and modern livestock technical support to farmers, contributing to improving efficiency and increasing profits for customers.
A strong transition to the consumer goods market
At the annual general meeting of shareholders on June 25, the audited 2020 business performance report of Anova Group showed that the group's total consolidated assets were nearly VND 3,900 billion. Owner's equity was more than VND 2,000 billion; net revenue and after-tax profit reached more than VND 3,100 billion and VND 178 billion, respectively. According to the 2021 plan, Anova Group will continue to develop its core business activities in the agricultural sector.
In the veterinary medicine sector, the group expanded export sales, focusing on major customers in the Middle East and Australia; Anova Pharma and Anova Biotech introduced many new products and increased sales of animal vaccines; Anova Feed developed the market, increasing sales volume by over 50%.
For the livestock industry, the group will continue to invest in expanding pig farms and chicken farms. The goal in 2021 is to add at least 2 large-scale pig farms and a chicken farm system with nearly 1 million birds in the Southern region.
Anova Group held the 2021 Annual General Meeting of Shareholders online on June 25, 2021
The Group will seek investment opportunities in the food sector to quickly complete the 3F closed food supply chain from farm to table, in order to improve the Group's business efficiency and create value for investors.
Source: theleader.vn