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Vinh Tuong Industrial Corporation (Vietnam)

Main Activities: Cement and Concrete Product Manufacturing
Secondary Activities: Metalworking Machinery Manufacturing | Wholesale Trade | Other Construction Material Merchant Wholesalers
Full name: Vinh Tuong Industrial Corporation Profile Updated: February 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

The subject specializes in producing and distributing drywall and plaster ceilings, metal ceiling frames… Its products meet ASTM (USA), BS (UK) standards and the subject is also a manufacturer with a laboratory to verify products meeting ASTM standards. Finished products of the subject are not consumed in the domestic market but also exported to Singapore, Thailand, Malaysia, Myanmar, Australia, Sri Lanka… Some of the typical projects are E3 Goertek Factory, Luxshare ICT Bac Giang Factory, Kumho Asiana Plaza Building, Keang Nam Hanoi Landmark Tower…Operating in the construction supplies production field, the subject's business operation is influenced by movements in the real estate market. From the ending of 2022 to 2023, the real estate market has leveled off due to the global economic recession. The imbalance between supply and demand has reduced the market liquidity. In the context of general difficulties, the need to buy housing is not a priority for customers at present. According to media information, many experts predict that the real estate market recovery may not be seen until the second quarter of 2024.

Headquarters
Lot C23A, Hiep Phuoc Industrial Park, Hiep Phuoc Commune
Ho Chi Minh municipality; South Eastern Vietnam; Postal Code: 70000-74000

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
October 24, 2005
Key Executives
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General Director
Ownership Details
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98.65%
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0.84%
Subsidiaries
Vinh Tuong Industrial Company Limited Northern Viet Nam
100%
Hiep Phu Corporation (Long An)
90%
Saint-Gobain Construction Products North Vietnam Limited
25.1%
Company Performance
Financial values in the chart are available after Vinh Tuong Industrial Corporation 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
32.88%
Total operating revenue
32.88%
Operating profit (EBIT)
28.64%
Net Profit (Loss) for the Period
23.23%
Total assets
2.28%
Total equity
-11.02%
Operating Profit Margin (ROS)
-0.64%
Net Profit Margin
-1.34%
Return on Equity (ROE)
15.55%
Quick Ratio
-0.4%
Cash Ratio
-0.2%

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