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
Tuyen Quang; North Eastern Vietnam;
Postal Code: 22000
Contact Details: Purchase the Tuyen Quang Iron Steel Company Limited report to view the information.
Website: http://tqis.com.vn
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