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Phu Viet Spinning Joint Stock Company (Vietnam)

Main Activities: Fiber, Yarn, and Thread Mills
Secondary Activities: Other Building Equipment Contractors | Broadwoven Fabric Mills | Apparel Manufacturing
Full name: Phu Viet Spinning Joint Stock Company 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 Mar 2008 in Thua Thien Hue Province, the subject is engaged in producing yarn for the textile industry. According to the chief accountant, all materials are imported from countries as Thailand, USA, and West Africa. About 80% to 90% of products are exported to major markets as China, South Korea and the Philippines. The post-epidemic economic recession also has certain negative impacts on the subject's operations. However, business operations have shown signs of improvement in the final months of 2023 and 2024. In general, the subject generated nearly VND 800 billion in sales for the whole of 2023 which decreased significantly compared to 2022.

Headquarters
Phu Bai Industrial Park, Phu Bai Ward
Thua Thien-Hue; North Central Coastal Vietnam; Postal Code: 49000

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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 24, 2008
Key Executives
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Director
Ownership Details
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16.02%
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14.07%
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7.15%
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6.86%
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5.38%
Subsidiaries
Phu Anh Spinning Joint Stock Company
30%
Company Performance
Financial values in the chart are available after Phu Viet Spinning Joint Stock Company 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
3.98%
Total operating revenue
3.98%
Operating profit (EBIT)
-91.17%
Net Profit (Loss) for the Period
-93.83%
Total assets
-7.9%
Total equity
-31.43%
Operating Profit Margin (ROS)
-9.35%
Net Profit Margin
-8.26%
Return on Equity (ROE)
-52.71%
Debt to Equity Ratio
83.75%
Quick Ratio
-0.35%
Cash Ratio
-0.08%

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