AN CUONG WOOD - WORKING MANUFACTURING COMPANY LIMITED

AN CUONG WOOD - WORKING MANUFACTURING COMPANY LIMITED (Vietnamese name: CÔNG TY TNHH SẢN XUẤT GỖ AN CƯỜNG) is a privately held one-member limited liability company operating in Vietnam’s wood processing and interior materials manufacturing sector. The company is legally registered under Business ID 3702601462, with its head office located at Lot A17, Dat Cuoc Industrial Park – Area B, Dat Cuoc Commune, North Tan Uyen District, Binh Duong Province, Vietnam.

Established on 19 September 2017 and currently maintaining an active legal status, AN CUONG WOOD - WORKING MANUFACTURING COMPANY LIMITED specializes in sawmilling, planing, and preserving of wood, along with the production of acrylic panels, melamine-faced boards, laminate flooring, veneer, plywood, and other engineered wood products. The company also expands into furniture manufacturing, wholesale of construction materials, warehousing, freight transport, and related support services, positioning itself as a vertically integrated wood manufacturing enterprise in Binh Duong – one of Vietnam’s key industrial hubs.

Management and Leadership

The company is led by Vo T. N. A., serving as General Director, and Nguyen T. K., acting as Managing Director. Under their leadership, the company has strengthened its production capacity and broadened its product portfolio, catering to both domestic construction demand and interior finishing markets.

Financial Highlights and Critical Analysis

From a financial perspective, AN CUONG WOOD - WORKING MANUFACTURING COMPANY LIMITEDdemonstrates a solid revenue base with total sales exceeding USD 71 million, reflecting strong commercial operations in the wood materials and interior panel segment. Profitability remains a notable strength, with net profit surpassing USD 12 million, indicating efficient cost management and operational scalability despite industry volatility.

Total assets stand at over USD 62 million, while owner’s equity approaches USD 38 million, showing a reasonably capitalized structure supported by a charter capital of more than USD 32 million. The company maintains a positive working capital of approximately USD 25 million, suggesting adequate short-term liquidity to support manufacturing cycles and inventory-intensive operations.

However, a gradual decline in total assets and equity signals tightening capital buffers, which may reflect reinvestment pressures, dividend distribution, or strategic restructuring within the group. Despite these reductions, profit growth and revenue recovery highlight operational resilience and improved margins.

Competitive Position in Vietnam’s Wood Industry

Operating from Binh Duong Province—Vietnam’s leading furniture and wood processing cluster—AN CUONG WOOD - WORKING MANUFACTURING COMPANY LIMITED benefits from strong supply chain connectivity, export infrastructure, and access to skilled labor. The company’s diversified manufacturing portfolio, combined with steady profitability, enhances its competitive positioning in Vietnam’s engineered wood and interior materials market.

With stable leadership, positive earnings performance, and a broad industrial license scope, AN CUONG WOOD - WORKING MANUFACTURING COMPANY LIMITED remains an active and financially viable enterprise within Vietnam’s growing wood manufacturing industry.