AN GIANG LOTTERY ONE MEMBER COMPANY LIMITED
ActiveAN GIANG LOTTERY ONE MEMBER COMPANY LIMITED
ActiveAN GIANG LOTTERY ONE MEMBER COMPANY LIMITED
ActiveSummary
AN GIANG LOTTERY ONE MEMBER COMPANY LIMITED (CÔNG TY TNHH MỘT THÀNH VIÊN XỔ SỐ KIẾN THIẾT AN GIANG) is a state-owned enterprise and one of the most financially stable contributors to the provincial budget of An Giang Province. Officially incorporated on August 18, 2010, and registered with the An Giang Department of Planning and Investment under Business ID 1600190393, the company operates from its head office at No. 64C Nguyen Thai Hoc, My Binh Ward, Long Xuyen City.
Functioning as a one-member limited liability company, it is wholly owned by the People’s Committee of An Giang Province, reflecting Vietnam’s national model in which almost every province manages its own lottery company to generate sustainable public revenues through legal gambling.
In 2023, AN GIANG LOTTERY ONE MEMBER COMPANY LIMITED delivered strong performance. Revenue climbed to USD 205.25 million, a 10.94% increase year-over-year. Even more impressive, profit rose to USD 28.85 million, up 19.81%, while total assets expanded by 36.55%, reaching USD 57.66 million. These figures signal well-managed growth and increasing market penetration. Despite equity remaining flat at USD 20.54 million, the company maintains a healthy balance sheet and working capital of USD 19.14 million.
Under the guidance of Chairwoman Phan Thi Kim Hai, the company continues to play a vital role in funding infrastructure, healthcare, and education throughout the province. With only one shareholder—the provincial government—AN GIANG LOTTERY ONE MEMBER COMPANY LIMITED exemplifies a disciplined, policy-aligned enterprise that fulfills both commercial and civic mandates.
As Vietnam increasingly leverages legal lottery revenues for socio-economic development, firms like AN GIANG LOTTERY ONE MEMBER COMPANY LIMITED stand as effective models for revenue generation with strong public accountability. For credit analysts, partners, and government contractors interested in this company’s credit status, debt capacity, or financial risk exposure, Vanguard Business Information LLC (VBI) provides comprehensive credit reports and compliance verifications to support safe and informed decision-making.
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Industry Sales Growth
19.73%
22.00%
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329
0.0113%
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Financial Performance
| Assets | 58.99% |
| Owner’s Equity | 20.07% |
| Working Capital | 23.38% |
| Net Worth | -95.16% |
| Sales | 59.72% |
| Operating income | 16.34% |
| EBIT | -57.63% |
| Gross Profit Margin | 78.25% |
| Debt to EBITDA | -51.12% |