The subject was established in 2012 in An Giang Province under the original charter capital of VND 1.5 billion. In early 2022, the subject strongly increased the charter capital to VND 100 billion from VND 20 billion previously to expand its scale. The subject specializes in processing and trading frozen pangasius fillets. Besides the subject company, Mr. Trinh Ngoc Minh, a shareholder cum manager of the subject is also the biggest shareholder in MY LAN TAM LOI COMPANY LIMITED, which operates in processing frozen pangasius fillets. Both companies support each other in business activities.After the US-China trade war, Chinese pangasius in the US market was highly taxed, causing many Chinese enterprises to return to the Vietnamese market. This was the main reason for the impressive growth in revenue in 2022, reaching VND 616,585 million, rising by 57.35% in comparison with that of 2021. However, the profitability performance of this company was still low due to the thin gross profit margin.
Headquarters
No. 10-14 Ly Bon, Binh Khanh Ward
Long Xuyen; Mekong River Delta;
Postal Code: 90000
Contact Details: Purchase the Phuc Tam Loi Fisheries Import Export Company Limited report to view the information.
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