EV.A.M VINA CO.,LTD was invested by a South Korean company in Apr 2018. The company focuses on processing electronic circuit boards for its parent company, and its products are exported to EU market according to the requirements of its parent company. As shared by the chief accountant, it had a few more customers in the domestic market such as LG, Nextcom, and DKT in 2023. The supply ratio for the local market is about 5%-7%, he added.In the second half of 2023, due to the influence of the global economic downturn, volume of the subject's orders was reduced markedly and the selling price of finished products went down as well. Remarkably, the chief accountant revealed that the company had to make a large provision for the devaluation of inventories, leading to a big COGS yearly. Consequently, the business result was still weak with total turnover of VND 599,340,734,804 and loss of about VND 54 billion in 2023.
Headquarters
Lot C2-1, Ba Thien II Industrial Park, Thien Ke Commune
Vinh Phuc; Red River Delta;
Postal Code: 15000
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