Being founded in 2015, the subject is specialized in manufacturing beers with the White Lion (Su Tu Trang in Vietnamese) and Red Ruby brands. Its factory is located on total area land of 14.6 hectares with a large charter capital of VND 1.236 trillion. The company is known as a member of the MASAN Group, which is one of the biggest consumer goods corporations in Vietnam, owning popular brands like Chin-su, Nam Ngu, Tam Thai Tu, Omachi, Kokomi, Lovemi, Komi, Ponnie, Vinacafé, Wake-Up, Vinh Hao, Quang Hanh, Faith Wakeup, Vinacafe…According to the subject's chief accountant, because its beer brands are still younh in the domestic market, the subject has promoted sales at low prices in order to expand its market share in Vietnam. As a result, despite increasing annual net revenue with a remarkable CAGR of nearly 37% during the period of 2018-2022, the company continued suffering losses but of descending figures recently. As scheduled, in 2023, the company is expected to achieve revenue growth of above 20% and suffer a lower loss compared to the previous year, she added.
Headquarters
Song Hau Industrial Park, Dong Phu Commune
Hau Giang; Mekong River Delta;
Postal Code: 95000
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