Founded in Oct 2019 in Bac Ninh Province, the subject is engaged in manufacturing battery testing equipment, car battery chargers, jump start car cables...for export. Its production started in 2020. Its workshop is about 17,000 sqm large which is leased from Phuc Minh Long Company Limited. About 70% of products are exported to the USA. According to the Import-Export Manager, its leaders are looking for the land and the subject might move the factory in the future but the specific plan has not been announced yet.As reported data, net sales gained good growth in the first years of operation. Despite making profit since 2021, profitability was not impressive. As revealed, the economic recession after the epidemic had a clear impact on orders in the first months of 2023 (mostly in the period from Mar to Jun). Human resources not only at the subject but also at the Group's factory in China have also been cut down. The subject now has about 100 employees. Revenue is estimated to decrease 2 to 3 times during those months. This situation has been recovered but not fully, she added.
Headquarters
Lot T-2-1-1 and Lot T-2-1-2, Que Vo Industrial Park (Extension Area), Nam Son Ward
Bac Ninh; Red River Delta;
Postal Code: 16000
Contact Details: Purchase the Talway Viet Nam Company Limited report to view the information.
Website: http://www.talway.com/th/
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