VINA CELL TECHNOLOGY CO.,LTD was established in Bac Giang Province, Vietnam in 2016. It is a subsidiary of EZ INTERNATIONAL LIMITED from Hong Kong. It specializes in manufacturing solar cells, which are mainly exported to China, Hong Kong, Japan, Germany, the USA, etc. The materials for the manufacturing are imported from China, Hong Kong, and Taiwan. After slowing down in 2021 because of the pandemic, the subject's business operations were significantly restored in 2022 with VND 17 trillion in net sales, which rose by 51.41% in comparison with VND 11.2 trillion in 2021. The COGS slightly decreased and held 93.59% of net sales hence the GPM was improved. Along with a decrease in operating expenses, the company recorded VND 937 billion in net income, which boomed by 147.67% against that of the previous year. In comparison with other companies in the same field, the subject's profitability performance was fairly good. Regrettably, we could not update the business result for FY 2023. In the latest interviews, most of the company's staff refused to co-operate.
Headquarters
Lot CN-05, Van Trung Industrial Park, Van Trung Commune
Bac Giang; North Eastern Vietnam;
Postal Code: 26000
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