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Lotte Chemical Vietnam Company Limited (Vietnam)

Main Activities: Plastics Material and Resin Manufacturing
Secondary Activities: Plastics Product Manufacturing | All Other Miscellaneous Manufacturing
Full name: Lotte Chemical Vietnam Company Limited 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

The subject - LCVN - is a member of Lotte Group - a South Korean Chaebol - through the investment of its direct parent company - Lotte Chemical Corporation. In the first half of 2023, this company generated KRW 5,002 billion in revenue and KRW 140 billion in net income, up 1.4% and 7.4%, respectively compared to the previous quarter of the year. LCVN focuses on the manufacturing plastic beads with main products including PC and ABS types.Plastic production is a profitable business for Lotte Group in Vietnam. In April 2020, LCVN acquired Vina Polytech Company Limited. This is an enterprise specializing in the production of PC, ABS plastic beads and some other technical plastic resins with a capacity of 20,000 tons/year serving the field of producing home appliances and mobile products.

Headquarters
Nhon Trach 6A Industrial Subdivision, Nhon Trach 6 Industrial Park, Long Tho Commune
Dong Nai; South Eastern Vietnam; Postal Code: 76000

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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 29, 2017
Key Executives
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Chairman and General Director
Ownership Details
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100%
Company Performance
Financial values in the chart are available after Lotte Chemical Vietnam Company Limited report is purchased.
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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
11.68%
Total operating revenue
11.68%
Operating profit (EBIT)
-13.42%
Net Profit (Loss) for the Period
-8.26%
Total assets
-12.59%
Total equity
26.97%
Operating Profit Margin (ROS)
-1.54%
Net Profit Margin
-1.08%
Return on Equity (ROE)
-8.16%
Quick Ratio
0.24%
Cash Ratio
-0.01%

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