Established in 2012 in Da Nang City, the subject focuses on manufacturing fishmeal. As revealed, formerly, a large portion of its products was exported to China but it does not have any export activities now. All raw materials (fish) for production are purchased from domestic market. Some of its customers such as C.P GROUP, THANG LONG, GROBEST VN, GREEN FEED ...A successful year of Vietnam's seafood industry has helped the subject's business results grow strongly in 2022. Total sales and profit after tax grew 157.08% and 167.41% year-on-year, respectively. Because of high COGS and operating expenses, the net income margin was still humble. The business operation largely depended on interest-bearing debts hence, its capital structure was unsafe. Besides, due to excess inventory along with easy payment policy has kept its cash ratio low during 2019-2022. Hence, this might have a negative impact on the instant payment ability of the company.
Headquarters
Lot B5, Van Don Street, Tho Quang Ward
Da Nang municipality; South Central Coastal Vietnam;
Postal Code: 50000
Contact Details: Purchase the Chau Do Joint Stock Company report to view the information.
Website: http://chaudogroup.com
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