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Promax Textile (Vietnam) Co., Ltd (Vietnam)

Main Activities: Fiber, Yarn, and Thread Mills
Secondary Activities: Textile and Fabric Finishing Mills | Printing | Basic Chemical Manufacturing
Full name: Promax Textile (Vietnam) Co., Ltd 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

The subject has existed in this industry for 17 years. As collected, it is a member of Promax group which an indirect parent company – Promax Textile Co., Ltd (Unified number: 89932505) was formed in Taiwan in 1991. This indicates that this investor has 32 years of experience in this industry. On website of this shareholder, this investor said that it has 3 factories within itself which encompasses 70,000 m2, 140,000 m2 and 270 m2 in Vietnam. These plants have strong capabilities of providing creations of synthetic woven fabrics. The Promax group has vertically integrated set ups from weaving, dying to finishing.According to media search, in Sep 2023, it made 21,825 export shipments and its top 3 export markets were China (Hong Kong), Taiwan, Indonesia while it made 3,320 import shipments and its top 3 sourcing countries were Taiwan, China and Vietnam. Based on our Adidas's reports, it was T2 tier (wet process supplier) of Adidas group in Apr 2023. Additionally, we found out information that it was tier of Adidas in 2016, 2017 and 2020. According to Official Dispatch 4586/TCT-KK-2023, it was 1,000 largest enterprises paying CIT tax in 2022.

Headquarters
No. 33, Road No. 6, Formosa Zone, Nhon Trach III Industrial Park, Hiep Phuoc Town
Dong Nai; South Eastern Vietnam; Postal Code: 76000

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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:
May 24, 2006
Key Executives
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Chairman and General Director
Ownership Details
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100%
Company Performance
Financial values in the chart are available after Promax Textile (Vietnam) Co., Ltd 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
5.95%
Total operating revenue
5.95%
Operating profit (EBIT)
-26.24%
Net Profit (Loss) for the Period
-27.89%
Total assets
-8.45%
Total equity
-2.04%
Operating Profit Margin (ROS)
-4.84%
Net Profit Margin
-4.25%
Return on Equity (ROE)
-2.7%
Quick Ratio
1.87%
Cash Ratio
1.72%

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