The subject is active in manufacturing and distributing masterbatches and additives for the plastic industry. According to an accountant, about 85% - 90% of the output is directly exported overseas, and the two largest exporting areas are the Middle East and North Africa, accounting for about 35% of total export turnover. In the 2019-2021 period, its operation had an upward trend in spite of the COVID pandemic outbreak, resulting in an increase in both revenue and profit. In 2022, the fluctuation of the market in the context of the war between Russia and Ukraine, together with the world economic recession significantly affected its business activity. As a result, the orders from clients tended to go down in the last months so the net revenue in 2022 was slightly reduced to VND 505 billion. In early 2023, the situation seems brighter with more orders from overseas clients.
Headquarters
Room 510, CT5-DN2, Tran Huu Duc Street, My Dinh 2 Urban Area, My Dinh 2 Ward
Ha Noi (municipality); Red River Delta;
Postal Code: 10000-14000
Contact Details: Purchase the Viet Nam Colour Trading And Manufacturing Company Limited report to view the information.
Website: https://vinacolour.com.vn
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