Da Lat Milk Joint-Stock Company (Vietnam)

The subject - Da Lat Milk engages in farming dairy cows and manufacturing dairy products (including pasteurized fresh milk and yogurt). In 2014, Da Lat Milk was acquired by TH Group with a reputable pure fresh milk brand known as TH True Milk. Nevertheless, we could not update ownership ratios of shareholders after this acquisition.As shared in a previous interview, Da Lat Milk invested in some cooperatives, which participate in dairy farming as well as collecting fresh milk from other dairy farms. The subject registered the "Natural grazing of cowherds, planting and processing of mango juice and high-quality sandalwood essential oil" project with worth of USD 42 million in Australia.Operating in the dairy market, Da Lat Milk has to face fierce competition from many familiar domestic names like Vinamilk and world "dairy giants" such as Nestlé, Abbott... In this context, profit margins tended to decrease in many consecutive years. In 2022, the subject recorded after-tax loss of VND 1.2 billion.In our latest interview, we make many phone calls but no one answers the phone. The company could prioritize to use mobile phones in transactions. Based on investigation, the latest import date of Da Lat Milk is 25 Jul 2023.