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Cong Ty Co Phan Vai Soi May Mac Mien Bac (Vietnam)

Main Activities: Apparel Manufacturing
Full name: Cong Ty Co Phan Vai Soi May Mac Mien Bac 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

Northern Garment Fabric and Garment Joint Stock Company (TEXTACO) is a company located in Hanoi, Vietnam. It was formerly a State-owned enterprise under the Ministry of Commerce and specializes in manufacturing and trading garment fabrics. With over half a century of development, the company has played a crucial role in supplying garments for the resistance war against the US and has achieved significant success in production and business during the renovation period. TEXTACO has now become a joint stock enterprise and is expected to achieve new accomplishments under integration conditions. The company operates nationwide and has various facilities, including shops, general warehouses, and garment factories concentrated in Hanoi and Ho Chi Minh City. It also has satellite business units and agency stores in provinces and cities across the country. One of TEXTACO's notable facilities is the Lac Trung Garment Export Factory, which has been established for over 20 years and has more than 1000 equipment. The factory serves traditional customers who are renowned garment traders worldwide. Its products have gained dominance in markets such as Europe, America, EU, Korea, and Japan. The factory's reputation and commitment to quality have attracted many long-term customers. Additionally, TEXTACO operates the Duc Giang and Giap Bat general warehouses and offices for lease. These facilities cover an area of over 30,000 m2 and cater to the needs of large enterprises and markets in the North. With reliable infrastructure, the warehouses ensure the safety, security, and preservation of goods, making them a trusted choice for customers in need of storage and distribution services.

Headquarters
79 Lac Trung, Vinh Tuy Ward, Hai Ba Trung District
Ha Noi (municipality); Red River Delta; Postal Code: 10

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Website: http://www.textaco.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:
1957
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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12.1%
Subsidiaries
Công ty TNHH MTV Vải sợi May mặc Miền Bắc II
100%
CTCP Trường Hà
57%
Company Performance
Financial values in the chart are available after Cong Ty Co Phan Vai Soi May Mac Mien Bac 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
4.31%
Total operating revenue
4.31%
Operating profit (EBIT)
-5.42%
EBITDA
-17.85%
Net Profit (Loss) for the Period
23.49%
Total assets
6.59%
Total equity
7.02%
Operating Profit Margin (ROS)
-3.52%
Net Profit Margin
7.8%
Return on Equity (ROE)
1.38%
Quick Ratio
1.26%
Cash Ratio
0.32%

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