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Damen-Songcam Shipyard Co., Ltd (Vietnam)

Main Activities: Ship Building and Repairing
Secondary Activities: Wholesale Trade | Architectural, Engineering, and Related Services | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
Full name: Damen-Songcam Shipyard Co., Ltd Profile Updated: February 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Being a joint venture between Netherlands and Vietnam, the subject specializes in building and trading ships, being the preferred production location for Damen tug and workboats up to 60 meters long. It is known as one of the biggest shipbuilding companies in Vietnam. Most of its products are exported oversea. It has just supplied the first ship to a local company in Apr 2022. Besides, it also supplies the ship-repairing services. The subject imports equipment, spare parts for building and repairing ships, boats from the Netherlands, Hong Kong and Malaysia and so on.The subject's premises and facilities are good with the 42-hectare site. As introduced, Damen-Song Cam Shipyard meets European HSEQ standards in a Vietnamese environment, having 120 x 85 meter outfitting hall, 500 meters of the quayside and an initial production capacity of 40 workboats per year.

Headquarters
Loi Dong Hamlet, Hoang Dong Commune
Hai Phong municipality; Red River Delta; Postal Code: 04000-05000

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Website: https://www.damen.com/

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
August 08, 2007
Key Executives
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General Director
Ownership Details
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70%
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30%
Company Performance
Financial values in the chart are available after Damen-Songcam Shipyard Co., Ltd 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
35.47%
Total operating revenue
35.47%
Operating profit (EBIT)
24.53%
Net Profit (Loss) for the Period
26%
Total assets
12.15%
Total equity
12.26%
Operating Profit Margin (ROS)
-0.6%
Net Profit Margin
-0.53%
Return on Equity (ROE)
1.19%
Debt to Equity Ratio
-33.81%
Quick Ratio
0.1%
Cash Ratio
-0.09%

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