AN GIANG AGRICULTURE AND FOODS IMPORT-EXPORT JOINT STOCK COMPANY

AN GIANG AGRICULTURE AND FOODS IMPORT-EXPORT JOINT STOCK COMPANY is a long-established agribusiness enterprise based in Vietnam’s Mekong Delta, a region central to the country’s rice and food supply chains. Founded in April 2011 and headquartered in Long Xuyen City, An Giang Province, the company operates primarily in the wholesale and export of rice, cereals, and food products, alongside a growing presence in animal feed and related agricultural activities.

Operating under the brand AFIEX and listed on the UpCOM market with the stock symbol AFX, the company has a paid-up capital of approximately USD 14.38 million and employs just over 200 people. Its shareholder structure combines private and institutional ownership, with Mr. Dang Q. T. serving as Chairman, supported by a professional management team overseeing both domestic distribution and export operations. AFIEX also maintains branches in Ho Chi Minh City and within An Giang Province, strengthening its logistical reach and market access.

Financially, AN GIANG AGRICULTURE AND FOODS IMPORT-EXPORT JOINT STOCK COMPANY showed a notable expansion in asset scale in 2024, with total assets rising sharply to USD 81.93 million. Net sales reached USD 84.51 million, slightly lower than the previous year, reflecting softer trading conditions in global agricultural markets. Profitability, however, remained stable, with net profit of approximately USD 1.15 million, while owner’s equity increased steadily to USD 19.55 million. Positive working capital of USD 6.63 million indicates a relatively balanced short-term liquidity position compared with many peers in the agricultural trading sector.

Overall, AFIEX represents a mid-sized but resilient player in Vietnam’s rice and agricultural export industry. Its steady equity growth, public listing status, and diversified business lines offer a degree of transparency and operational stability, even amid fluctuating commodity prices and export demand. For banks, trading partners, and investors seeking insight into credit risk, governance, and financial sustainability, a detailed company report from VNBIS (Vanguard Business Information LLC) provides essential analysis to support informed decision-making in Vietnam’s agri-food sector.