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Hoang Ha JSC (Vietnam)

Main Activities: Transit and Ground Passenger Transportation
Full name: Hoang Ha JSC 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

Hoang Ha Joint Stock Company, located in Thai Binh City, was established on September 9. The company primarily operates in the passenger transportation business. It started with only 6 16-seat buses and a small team of 10 people. Initially, it operated on the Thai Binh - Hanoi route under contract. Despite facing tough competition from larger transport companies, Hoang Ha Joint Stock Company gradually expanded its operations and now operates nearly 300 trips per day. The company has grown in terms of the number of vehicles, management quality, and passenger transport options. Currently, the company has 10 specialized rooms and 1 workshop for vehicle maintenance and repair, covering an area of 5,000 m2. The vehicles are managed according to ISO 9001-2000 standards and ensure safety. The company employs nearly 1000 people, with an average income of 4.5 million VND per person per month. It has established Party branches, trade unions, and the Veterans Association, actively participating in local and transportation sector movements. Hoang Ha Joint Stock Company owns nearly 350 vehicles, including cars from renowned manufacturers such as Mercedes-Benz, Toyota, Isuzu, Hyundai, Hino, and Fuso. The company offers various types of passenger transport services, including fixed routes, taxis, contracts, buses, courier services, and repair services. The company was the first in Thai Binh province to invest in public transport by bus, connecting the city to all districts in the province. It also introduced taxi services to the Thai Binh market, including VIP taxi services with high-quality Mercedes-Benz cars. In 2009, the company invested in building its office and bus station on a 22,000m2 area. It also contributed capital to build a bus station in Cam Pha town, Quang Ninh province, and established an automobile sales department. The company has received several awards and recognition for its outstanding performance and quality of service.

Headquarters
368 Ly Bon, Tien Phong Ward
Thai Binh; Red River Delta; Postal Code: 41

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Website: http://www.hoanghaco.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:
2001
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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7.37%
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4.85%
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3.92%
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3.72%
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3.44%
Subsidiaries
Cong Ty Tnhh Mtv Ben Xe Khach Ben Xe Phia Tay Thai Binh
100%
Company Performance
Financial values in the chart are available after Hoang Ha JSC 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
-41.14%
Total operating revenue
-41.14%
Operating profit (EBIT)
26.3%
EBITDA
6.46%
Net Profit (Loss) for the Period
26.84%
Total assets
-12.41%
Total equity
-26%
Operating Profit Margin (ROS)
-12.34%
Net Profit Margin
-13.46%
Return on Equity (ROE)
0.4%
Debt to Equity Ratio
15.85%
Quick Ratio
0.04%
Cash Ratio
0%

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