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Gap Foods Joint Stock Company (Vietnam)

Main Activities: Grain and Oilseed Milling
Secondary Activities: Corn Farming | Rice Farming | Potato Farming
Full name: Gap Foods Joint Stock Company 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

GAP FOODS JOINT STOCK COMPANY was officially established in 2018. It has purchased available rice mill in An Giang Province, Vietnam with a value of about VND 20 billion as a revelation from Ms. Nguyen Thi Trung Hau - Chief Accountant. After that, it has expanded the production facilities remarkably, which is expected to be completed construction and machinery installation at the end of this year.Main activity of the subject is processing and supplying rice. Besides the domestic market, it has been exporting rice to Singapore, Philippines, etc. It has been granted the certificate of rice import export No. 123/10-2018-AG/GCN by the Ministry of Industry and Trade. According to its Chief Accountant, the rice mill at the headquarters is designed with frying capacity of 1,000 tons per day, peeling capacity of 570 tons per day, milling and polishing capacity of 1,000 tons per day and fortex capacity of 720 tons per day. The input sources are mostly purchased from locality. It is known that besides product from its rice mill, the company sometimes collects rice from other domestic processing units such as DAI TAI HI-TECH FARMING JSC (Former name: Dai Tai Food Processing Co., Ltd) in Can Tho Province, BRANCH OF GIA INTERNATIONAL CORP in An Giang Province, etc.The subject has obtained impressive revenue growth since the establishment. As a statement of Ms. Nguyen Thi Trung Hau, sales of this year is expected to slightly increase about 5% - 10% against last year. Ended the first half of the year, it has gained about 850 billion of turnover, she added.

Headquarters
An Thanh Village, Hoa An Commune
An Giang; Mekong River Delta; Postal Code: 90000

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
March 23, 2018
Key Executives
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General Director
Ownership Details
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49%
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41%
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10%
Company Performance
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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
52.52%
Total operating revenue
52.52%
Operating profit (EBIT)
54.6%
Net Profit (Loss) for the Period
23.53%
Total assets
-16.65%
Total equity
0.89%
Operating Profit Margin (ROS)
0%
Net Profit Margin
-0.01%
Return on Equity (ROE)
0.16%
Debt to Equity Ratio
17.61%
Quick Ratio
-0.31%
Cash Ratio
0%

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