Being founded in 2008 as a 100% Japan-invested company, the subject is engaged in manufacturing wire harnesses and electric wires used for automobiles and motorbikes. The company has imported imports jigs, plastic belts, electric components… from China, Japan, Thailand, and Singapore. All products for automobile are exported to foreign markets. Meanwhile, all products of motorbikes are supplied to HONDA VIETNAM.The Covid Pandemic had negative effects on the subject's sales during the FYE 31 Mar 2020 - FYE 31 Mar 2021. Despite being recovered, its net revenue for the FYE 31 Mar 2022 was still lower than the peak of FYE 31 Mar 2019.Additionally, being negatively affected by the post-Covid economic recession, the subject has received fewer orders from client. The subject has had to apply a rotating leave policy for a part of its workers and cut down production shifts currently since late 2022 as well. The subject's net revenue for the FYE 31 Mar 2023 might be clearly lower than the volume in the previous period, as revealed.
Headquarters
Lot B-1, Dong Van II Industrial Park, Duy Minh Ward
Ha Nam; Red River Delta;
Postal Code: 18000
Contact Details: Purchase the Sumi Vietnam Wiring Systems Co., Ltd report to view the information.
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