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Namtex Co., Ltd (Vietnam)

Main Activities: Textile and Fabric Finishing Mills
Secondary Activities: Textile Mills | Wholesale Trade
Full name: Namtex Co., Ltd 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

Founded in 2003, NAMTEX CO., LTD is acting as an operator of weaving, knitting, dyeing/processing. It imports from many markets to serve for production and exports products to Taiwan, South Korea, Thailand and Bangladesh (sometimes).Subject has relationship with Makalot Group. WINTOP INDUSTRIAL LIMITED is a wholly owned subsidiary of Makalot Industrial Co., Ltd.'s which shares are listed on TWSE under stock code “1477”. UNITED INVESTMENT PTE. LTD. is a wholly owned subsidiary of Tainan Spinning Co Ltd, Tainan's shares are listed on TWSE under stock code “1440”.2023 is the most difficult year when textile enterprises faced disadvantages in price, exchange rate and interest rates compared to competitors such as Bangladesh and India. According to the Vietnam Textile and Apparel Association (Vitas), textile and garment export turnover in 2023 is estimated to reach USD 40.3 billion, down by 9.2% compared to 2022. The subject needs to expand to new market likes as USA when there are some signs of slight recovery in this market at the end of 2023 and the beginning of 2024.

Headquarters
Nhon Trach II Industrial Park, Hiep Phuoc 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:
April 16, 2003
Key Executives
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General Director
Ownership Details
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50%
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50%
Subsidiaries
Tainan Spinning Co.,Ltd Viet Nam
Company Performance
Financial values in the chart are available after Namtex Co., Ltd 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
-10.95%
Total operating revenue
-10.95%
Operating profit (EBIT)
-26.27%
Net Profit (Loss) for the Period
-24.67%
Total assets
-16.09%
Total equity
13.45%
Operating Profit Margin (ROS)
-1%
Net Profit Margin
-0.72%
Return on Equity (ROE)
-6%
Debt to Equity Ratio
-71.09%
Quick Ratio
-0.02%
Cash Ratio
0.18%

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