Created in 1993, HANECO has 30 years of operation in the field of trading materials for the animal feed manufacturing industry. Despite changing the business type to a joint stock company in 2016 but until now, SC is still a State-owned company, under the management of PEOPLE'S COMMITTEE OF HA NOI CITY. Notably, using too much financial leverage in doing business made the capital structure unsafe. In 2022, 70% of assets were funded by short-term loans. That was why Interest Bearing Debts were large and tended to increase in 2022. The reason for a climb in loans was to cover the deficit of the CFO (Net cash flows from operating activities). In general, the subject's activities are considered stable.
Headquarters
4th Floor NB, Building No. 14-16 Ham Long Street, Phan Chu Trinh Ward
Ha Noi (municipality); Red River Delta;
Postal Code: 10000-14000
Contact Details: Purchase the Haneco Export - Import Joint Stock Company report to view the information.
EMIS company profiles are part of a larger information service which combines company, industry and country data and analysis for over 145 emerging markets.
Request a demo of the EMIS serviceTo view more information, Request a demonstration of the EMIS service