The subject - P&G Indochina Ltd is one of members of Proctor & Gamble Company - a US fast moving consumer goods corporation with its shares listed on NYSE under stock code “PG”. According to the Group's annual report 2022, finished products are sold to approximately 180 countries and territories. Raw and packaging materials are purchased from third parties, some of them are single-source suppliers. Furthermore, the Group also focuses on R&D activities and produces certain chemicals for use. This helps to create product differentiation, enhance product quality and add more value to customers.In Vietnam, the Group has strongly grown with reputable brands like Ariel, Tide washing powder & liquid; Downy fabric softener; Safeguard soap; Pantene, Head & Shoulders, Rejoice shampoo; Gillette, Venus razor; Pampers diaper… P&G Indochina Ltd plays a role as a production base of the Group when operating 3 factories with total initial investment capital up to USD 360 million in Vietnam. Most saliently, in 2021, P&G Indochina Ltd also registered additional investment capital of USD 44.8 million for razor factory in Dong An Industrial Park.In latest fiscal year, P&G Indochina Ltd recorded a growth in net sales to VND 9,834 billion. Meanwhile, cost of goods sold increased quite fast. The company encountered a sharp increase in commodity prices and shipping costs. This situation was aggravated by geopolitical tensions among Russia, Ukraine and NATO countries, causing supply chain disruption and global energy crisis. Besides, the subject increased use of short - term loans to finance operation, this could lead to an increment in pressure of fulfilling financial obligations (especially when interest rate is strongly fluctuating).The market and industry segments in which P&G Indochina Ltd is operating are highly competitive. Some of key competitors is Unilever, Johnson & Johnson, Colgate Palmolive, Beiersdorf, Kao Corporation… In current context, despite the fact that FMCG industry in Vietnam has great potential, uncertain economic conditions (fluctuations in inflationary rate, foreign exchange rate, interest rate…) have adversely influenced consumer's spending. Along with input costs burden, the Group in general should craft appropriate business strategies in order to sustain competitive advantages.
Headquarters
Dong An Industrial Park, Binh Hoa Ward
Binh Duong; South Eastern Vietnam;
Postal Code: 75000
Contact Details: Purchase the Procter & Gamble Indochina Company Limited report to view the information.
Website: https://vn.pg.com/ (the p&g group's website)
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