Dongmai Beer And Beverage Joint Stock Company (Vietnam)

DONGMAI BEER AND BEVERAGE JOINT STOCK COMPANY is a subsidiary of HALONG BEER AND BEVERAGE JOINT STOCK COMPANY. The subject focuses on manufacturing beer under the brand name "Ha Long". The subject's products are consumed only in the Northern region. It has two factories located in Doi Hamlet, Tan Mai Area, Dong Mai Ward, Quang Yen Town, Quang Ninh Province, Vietnam, and No. 130, Le Loi Street, Yet Kieu Ward, Ha Long City, Quang Ninh Province, Vietnam.According to a female accountant, the factory No. 2 in Tan Mai Area, Dong Mai Ward, Quang Yen Town, Quang Ninh Province, Vietnam was expanded from 2020 to 2023, lifting the subject's capacity from 20 million liters to 50 million liters. As a result, the subject recorded a good growth of sales in the two recent years. At the end of 2023, the subject starts to expand one more time the factory No. 2. As a plan, the construction will be completed after two years and the company's capacity will be enhanced to 100 million liters.In 2023, the consumption of beer go down in comparison with 2022. The subject's accountant said that it generated total sales of about VND 480 billion from the beginning of 2023 to now, which is lower than the same period of last year.