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Cong Ty Co Phan Bao Bi Bien Hoa (Vietnam)

Main Activities: Paper Manufacturing
Full name: Cong Ty Co Phan Bao Bi Bien Hoa Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Bien Hoa Packaging Joint Stock Company, formerly known as SoVi factory, was established in 1968 in Bien Hoa, South Vietnam. It was the first corrugated packaging factory in the region, utilizing Japanese technology. In 1978, it was renamed Bien Hoa Packaging Factory and became a state-owned enterprise under the Dong Nai Department of Industry. In 1997, the company invested in new technological lines and modern equipment, increasing its capacity to 20,000 tons per year. This made it the leading manufacturer of corrugated carton packaging in Vietnam. In 2003, the factory was equitized and converted into Bien Hoa Packaging Joint Stock Company (SOVI). The company further expanded its capacity to 45,000 tons per year by investing in a carton packaging factory in 2005. SOVI also invested in Binh Duong Paper Packaging Factory in 2007, which had an area of 56,000 m2 and a capacity of 45,000 tons per year. Additionally, they upgraded their Offset printing packaging factory in Bien Hoa Industrial Park 1, increasing its capacity to 5,000 tons per year. The company has advanced production technology and a quality management system according to international standards ISO 9001:2000. They have received awards from the state, including the Labor Medal class III in 1991 and the Second Class Labor Medal in 2000. Sovi focuses on developing high-quality human resources and investing in modern equipment to achieve high productivity and outstanding quality. They have modern technology lines from Germany, Italy, Switzerland, and Japan, with a total capacity of 90,000 tons per year. Sovi aims to become a strong brand in the packaging industry by continuously updating information, conducting research, and understanding market needs. They offer product design services and provide free consultation to customers. The company also utilizes an ERP software system to manage various activities such as accounting, finance, purchasing, inventory, production, logistics, and customer relationship management. Sovi values credibility, continuous improvement, an open and friendly working environment, respect for the law, and community building. They strive to be the preferred choice for manufacturers in the industry.

Headquarters
Street 7, Bien Hoa 1 Industrial Zone, An Binh Ward
Bien Hoa; South Eastern Vietnam; Postal Code: 81

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Website: http://www.sovi.com.vn

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
December 22, 2008
Key Executives
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Chairman
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Chief Executive Officer
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Vice Chairman
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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94.11%
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2.34%
Company Performance
Financial values in the chart are available after Cong Ty Co Phan Bao Bi Bien Hoa report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency VND. Absolute financial data is included in the purchased report.
Net sales revenue
-19.84%
Total operating revenue
-19.84%
Operating profit (EBIT)
3.06%
EBITDA
-2.27%
Net Profit (Loss) for the Period
13.58%
Total assets
0.47%
Total equity
14.08%
Operating Profit Margin (ROS)
2.11%
Net Profit Margin
2.59%
Return on Equity (ROE)
-0.07%
Debt to Equity Ratio
-15.44%
Quick Ratio
0.49%
Cash Ratio
-0.01%

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