Being a member of NAM PHAT GROUP, the subject is engaged in manufacturing and processing steel structures, stainless steel pipes, and other stainless steel products. It still exports about 20% of its output to international markets such as India, Laos, Cambodia, the USA, EU, etc besides mainly supplying to the domestic market. Thanks to continuous investments in the production facility, its capacity has enhanced year by year. Therefore, despite the impact of the COVID-19 pandemic as well as the post-COVID economic recession, the company's operation keeps busy. Export orders are quite regular as a revelation from a female accountant. For the first half of this year, the total turnover attained VND 5,700 billion, which reached around VND 8,000 billion for the first 09 months, added she. The subject is expected to gain sales of about VND 10 trillion for FYE 31 Dec 2023.Noticeably, the subject has just raised the charter capital to VND 400 billion since Jul 2023 from VND 300 billion previously. According to the female accountant, that additional capital contribution mainly aims to invest in METAL ONE (VIET NAM) COMPANY LIMITED - a steel trading company in Ho Chi Minh City, Vietnam in accordance with the investment cooperation agreement between the subject and a Japanese partner. As shared, its investments occupy about 75% of the charter capital of METAL ONE (VIETNAM).
Headquarters
8th Floor, Tower A, Song Da Building, Pham Hung Street, My Dinh 1 Ward
Ha Noi (municipality); Red River Delta;
Postal Code: 10000-14000
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