The subject was established in Feb 2019 and started its commercial operation in early 2020. Its main business activity is manufacturing paper products, mainly file folders and document boxes for export. The USA market is still bringing about 80% of revenue for the company, the rest is from Hong Kong and Mexico. Orders from clients decreased significantly from August to November 2023, therefore, turnover and profit will decrease this year. The Chief accountant estimates net sales will be over VND 400 billion and profit will be about VND 50 billion. The business has the signs to recover since December 2023, she added.
Headquarters
Lot CN10-3, Tan Truong Industrial Park, Tan Truong Commune
Hai Duong; Red River Delta;
Postal Code: 03000
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