Kcp Viet Nam Industries Limited (Vietnam)

Being established in 1997 as a 100% foreign-invested company, the subject is specialized in manufacturing sugar and sugar byproducts. Currently, it runs two sugar factories with a total production capacity reached about 11,000 tons of sugarcane per day. The input materials are purchased from farmers in Phu Yen province with a sugarcane growing scale of about 20,000 hectares. Its products are mainly supplied to local F&B manufacturers. The company also has a Biomass Power Plant to use waste products in sugar production processing. This power plant has a capacity of 30 MW and has been connected to the national grid to sell electricity. The subject's net revenue oscillated in recent years. According to the general director's assistant, its annual total sales depend on sugarcane output and the quality of sugarcane harvested each year. In the 2022-2023 sugarcane crop, the subject collected about 1.2 million tons of sugarcane thanks to the favorable weather in Phu Yen Province, which clearly higher than the volume last year. Its target revenue for the whole year 2023 is higher than the value achieved last year, he added.