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Tuyen Quang Iron Steel Company Limited (Cong Ty Tnhh Gang Thep Tuyen Quang) (Vietnam)

Main Activities: Iron and Steel Mills and Ferroalloy Manufacturing
Secondary Activities: Iron Ore Mining | Support Activities for Mining | Basic Chemical Manufacturing | Machinery, Equipment, and Supplies Merchant Wholesalers | Wholesale Trade Agents and Brokers | General Automotive Repair
Full name: Tuyen Quang Iron Steel Company Limited Profile Updated: December 02, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

TUYEN QUANG IRON STEEL COMPANY LIMITED is a whole subsidiary in Vietnam of CONG TY HH TAP DOAN HANG HUNG HA MON - a Chinese investor. The subject is engaged in manufacturing and supplying steel, steel billets, iron, and iron billets. Its products are largely distributed in the domestic market, and it also exports a small amount to international markets like Taiwan.In the 2020-2021 period, the subject has achieved good growth in business results, benefiting from the rising fluctuation of steel prices. Noticeably, net income reached VND 340 billion in 2021 - the highest number in the 2017-2021 period. Despite that, its huge cumulative losses had not yet been offset, which means the company's operation was totally dependent on external resources, especially interest-bearing debts. Therefore, its financial structure was quite risky. Strict monitoring is advised in any credit transactions with it.

Headquarters
Long Binh An Industrial Park, Doi Can Ward
Ha Noi (municipality); Red River Delta; Postal Code: 22000

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Website: http://tqis.com.vn

Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
January 28, 2005
Key Executives
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General Director
Ownership Details
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100%
Company Performance
Financial values in the chart are available after Tuyen Quang Iron Steel Company Limited (Cong Ty Tnhh Gang Thep Tuyen Quang) 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
19.12%
Total operating revenue
19.12%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
N/A
Total assets
19.94%
Total equity
N/A
Operating Profit Margin (ROS)
N/A
Net Profit Margin
N/A
Return on Equity (ROE)
-68.22%
Debt to Equity Ratio
N/A
Quick Ratio
1.07%
Cash Ratio
0.83%

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