Ngon Coffee Company Limited (Vietnam)

Being founded in 2009, NGON COFFEE is a wholly-owned subsidiary of CCL PRODUCTS (INDIA) LIMITED - a large coffee processing group based in India. The subject is engaged in manufacturing instant coffee, largely exporting overseas, particularly to Poland, Russia, Malaysia, India, Indonesia, Switzerland, Italy, Romania, Israel, China, the USA... with an export ratio of about 85%.The company has continuously invested in the production facility to raise the capacity to 30,000 tons per year (formerly 10,000 tons per year). Last year, it increased the total registered investment capital to USD 80 million from USD 60 million to expand the production base. Its expanded factory has been put into official operation since Feb 2023, as a revelation from the import-export department. The labor force has accordingly gone up to 370 people from 270 people in mid-2022. Thanks to the continuous investment activity for increasing capacity, the business's sales rapidly improved from FYE 31 Mar 2021 to FYE 31 Mar 2023. Its self-financing capacity was good as well.