AGRICULTURE PRINTING AND PACKAGING JOINT STOCK COMPANY

AGRICULTURE PRINTING AND PACKAGING JOINT STOCK COMPANY (Vietnamese name: CÔNG TY CỔ PHẦN BAO BÌ VÀ IN NÔNG NGHIỆP, abbreviation: APP PRINT.CO) is a publicly held joint stock company registered under Business ID 0101508664. Established on 02 July 2004 and registered with the Ha Noi City Department of Planning and Investment, the company has over 21 years of operating history in Vietnam’s printing and packaging industry.

The company is listed on the HNX Stock Exchange under the stock symbol INN, reflecting a higher level of corporate transparency compared to many private enterprises. Charter capital and paid-up capital are approximately USD 7.39 million, and the company employs around 760 employees, positioning it as a medium-to-large-scale industrial manufacturer within Vietnam’s packaging sector.

Headquartered at No. 72 Truong Chinh Street, Phuong Mai Ward, Dong Da District, Ha Noi, the company operates a factory in Ngoc Hoi Industrial Park (Ha Noi). It maintains a branch in Hung Yen Province, supporting nationwide production and distribution.

Business Activities

The company specializes in manufacturing and trading paper packaging, printed maps, books, newspapers, labels, cultural products, and related printing services. It also trades in materials and equipment for the printing industry and engages in leasing office space and selected real estate activities. The diversified scope strengthens vertical integration while allowing revenue flexibility across printing, packaging, and industrial services.

Management and Governance

The Chairman is Nguyen T. N., while the General Director is Le D. T. The Deputy Chairman cum Deputy General Director is Nguyen T. T.

As a publicly listed entity, the shareholder base is diversified. Major shareholders include Nguyen T. N. (21.42%), Bui T. D. (5.01%), Vu H. T. (2.74%), and the internal union of the company (2.2%). The distributed ownership structure enhances corporate governance transparency while maintaining founder influence.

Financial Performance & Key Indicators

AGRICULTURE PRINTING AND PACKAGING JOINT STOCK COMPANY reports total assets of approximately USD 49.53 million, reflecting consistent growth of over 10%. Owner’s equity stands at around USD 29.51 million, indicating a strong capital base and stable net worth.

Total sales amount to approximately USD 72.25 million, marking solid revenue growth of more than 15%. Profit has reached approximately USD 4.66 million, reflecting healthy earnings expansion of over 14%. These figures demonstrate balanced growth in assets, revenue, and profitability.

Working capital stands at approximately USD 12.47 million, although slightly lower compared to the previous period. Despite this moderate contraction, liquidity remains solid and supports operational continuity.

Risk Management & Financial Strength Assessment

From a Vietnam Business Intelligence perspective, AGRICULTURE PRINTING AND PACKAGING JOINT STOCK COMPANY shows a relatively stable financial structure:

• Strong equity-to-asset ratio (around 60%), indicating moderate leverage.

• Consistent revenue growth and positive profit expansion.

• Healthy working capital supporting short-term liquidity.

As a listed enterprise, the company benefits from enhanced disclosure standards that strengthen credit transparency compared to typical Vietnamese private financial data environments.

However, exposure to input cost volatility (paper, ink, logistics) and demand cycles in publishing and packaging markets remains a structural risk. Maintaining margin stability in a competitive printing industry will require effective cost management and market diversification.

Overall Evaluation

AGRICULTURE PRINTING AND PACKAGING JOINT STOCK COMPANY is a long-established, publicly listed printing and packaging manufacturer with solid financial growth, stable equity, and positive profitability trends. Compared to many mid-sized industrial enterprises in Vietnam, its capital structure and earnings profile indicate moderate credit risk.

For deeper Vietnam Business Intelligence, advanced Risk Management analytics, and verified Vietnam Private Financial Data, including multi-year financial benchmarking and ownership transparency analysis, the updated and comprehensive report available at VNBIS.COM provides valuable insights for investors, lenders, suppliers, and strategic partners operating in Vietnam’s manufacturing and packaging sector.