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Cong Ty Co Phan Dau Tu Va Phat Trien Duc Quan (Vietnam)

Main Activities: Textile Product Mills
Full name: Cong Ty Co Phan Dau Tu Va Phat Trien Duc Quan Profile Updated: January 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

FORTEX is a company located in Thai Binh, Vietnam. It was established in 2002 and specializes in the production and trading of cotton fiber products. The company owns three factories located in the Nguyen Duc Canh Industrial Zone and the Tien Hai Industrial Zone, with a total capacity of approximately 17,000 tons per year. FORTEX's main products include fine comb cotton fiber, coarse comb cotton fiber, and PE fiber. The company generates an annual income of over 1 trillion VND (approximately 45 million USD) and serves customers from China, Hong Kong, Turkey, South Korea, Thailand, Europe, and domestically. The company sources its raw materials from Africa, India, the United States, Brazil, and Australia, depending on the season and quality of the cotton. FORTEX's competitive advantage lies in its modern management and technology, efficient procurement processes, and high-quality products. The company plans to build a fabric weaving factory in 2020 to integrate vertically into the textile industry. With a skilled workforce of nearly 1000 employees, FORTEX ensures the production of high-quality and stable products, establishing a reputable brand in both domestic and international markets.

Headquarters
Lot A3, Nguyen Duc Canh Industrial Zone, Tran Thai Tong Street, Tien Phong Ward
Thai Binh; Red River Delta; Postal Code: 41

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Website: http://fortex.com.vn

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2006
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Vice Chief Executive Officer
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Director/Member of the Board
Ownership Details
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11.56%
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7.76%
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5.07%
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4.01%
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3.68%
Company Performance
Financial values in the chart are available after Cong Ty Co Phan Dau Tu Va Phat Trien Duc Quan 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
-7.49%
Total operating revenue
-7.49%
Operating profit (EBIT)
69.71%
EBITDA
N/A
Net Profit (Loss) for the Period
52.99%
Total assets
-11.15%
Total equity
-57.83%
Operating Profit Margin (ROS)
131.66%
Net Profit Margin
123.02%
Return on Equity (ROE)
-86.38%
Debt to Equity Ratio
74.59%
Quick Ratio
-0.06%
Cash Ratio
-0%

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