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Nha Be Steel JSC (Vietnam)

Main Activities: Iron and Steel Mills and Ferroalloy Manufacturing
Full name: Nha Be Steel JSC Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

VNSTEEL - Nha Be Steel Joint Stock Company, located in Ho Chi Minh municipality, has a history of 40 years of formation and development. It is a subsidiary of Vietnam Steel Corporation (VNSTEEL), with 69.07% ownership by VNSTEEL. The company has undergone several name changes over the years, starting as VITHACO (Viet Thanh) steelmaker before 1975 and becoming a state-owned enterprise under different names. Since its establishment, VNSTEEL - Nha Be Steel JSC has been focused on developing and expanding the market. The company has received awards and recognition for its achievements, including the second-class Labor Medal in 1982 and the first Labor Hero title in 1985. It has invested in upgrading equipment and technology, improving production and sale efficiency. The company produces a variety of rolled steel products and different grades of steel according to Vietnam, Japan, and USA standards. In 2007, the company was converted to Nha Be Steel Joint Stock Company under Vietnam Steel Corporation. Its main tasks include stable and profitable production and trade, improving employee income and living standards, and investing in upgrading the steel rolling mill. The company continues to strive for growth and contribute to the industrialization and modernization of Vietnam.

Headquarters
56 Thu Khoa Huan Street, Ben Thanh Ward, District 1
Ho Chi Minh municipality; South Eastern Vietnam; Postal Code: 70

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Website: http://www.nbsteel.vn

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1967
Key Executives
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Chairman
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Chief Executive Officer
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Vice Chief Executive Officer
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Vice Chief Executive Officer
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Director/Member of the Board
Ownership Details
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69.07%
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14.65%
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10%
Company Performance
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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
-27.34%
Total operating revenue
-27.34%
Operating profit (EBIT)
299.11%
EBITDA
48.19%
Net Profit (Loss) for the Period
N/A
Total assets
11.84%
Total equity
1%
Operating Profit Margin (ROS)
0.96%
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
3.52%
Quick Ratio
0.08%
Cash Ratio
-0.01%

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