BAO LAI MARBLE CO.,LTD was established in 2015 to get involved in manufacturing and supplying marble, block stone, stone powder, and additive granules. As shared by a female accountant, the majority of its products are directly exported overseas. Typical export markets could be mentioned such as China, India, Italy, and Russia. Due to the negative impact of the post-COVID economic recession, the Russia – Ukraine war, especially the adjustment in the tax policy in Vietnam for types of stone to export, the export turnover in 2023 significantly decreased, affecting the total turnover of the company. The debt collection from Russian clients were slow as well. According to her, the turnover for FYE 31 Dec 2023 was estimated at around VND 400 billion, which was remarkably lower than the year 2022's. In general, the subject is operating normally with a total labor force of about 300 people. Being a member of Bao Lai Group - a well-known manufacturer and supplier of marble products in Vietnam, the subject is believed to receive meaningful support from the parent company.
Headquarters
Hop Nhat Hamlet, Thinh Hung Commune
Yen Bai; North Eastern Vietnam;
Postal Code: 33000
Contact Details: Purchase the Bao Lai Marble One Member Company Limited report to view the information.
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