BIM SON CEMENT JOINT STOCK COMPANY

BIM SON CEMENT JOINT STOCK COMPANY (stock symbol: BCC) is a major Vietnamese manufacturer in the construction materials sector, focusing on the production of concrete, cement, and related products. The company is registered under business ID and tax code 2800232620, with its head office located at Quarter 7, Ba Dinh Ward, Bim Son Town, Thanh Hoa Province, Vietnam. It was established as a state-owned company in 1993 and officially transformed into a joint stock company in 2006. The company is publicly listed on the Hanoi Stock Exchange (HNX), reflecting its transparency and investor engagement.

The executive leadership of BIM SON CEMENT JOINT STOCK COMPANY is spearheaded by Mr. Ngo S. T., who serves as the General Director. Other senior personnel include Mr. Nguyen H. V., also listed as General Director, and Mr. Nguyen V. C., the Deputy General Director. With a total workforce of approximately 1,770 employees, the company operates branches in both Thanh Hoa and Quang Tri provinces, underscoring its strong regional presence in northern and central Vietnam.

In terms of financials, BIM SON CEMENT JOINT STOCK COMPANY reported USD 143.3 million in sales in 2024, an increase of 13.2% year-over-year, signaling a recovery from previous revenue declines. Total assets stood at USD 133.92 million, though this represented a 6.58% decrease from the previous year. Owner’s equity was recorded at USD 76.01 million, only slightly down from 2023. The company also posted a modest net profit of USD 148,170 in 2024—a significant rebound from the USD 8.4 million loss in 2023, indicating improving financial stability. However, the company still faces challenges with a negative working capital of USD 30.21 million, reflecting ongoing liquidity constraints.

BIM SON CEMENT JOINT STOCK COMPANY is involved in a wide range of registered business activities beyond cement production. These include quarrying, metal treatment, road construction, inland waterway transport, wholesale trade of construction materials, real estate services, and even food and accommodation services. This diversification suggests an attempt to leverage its infrastructure and industrial capabilities across multiple sectors.

In summary, BIM SON CEMENT JOINT STOCK COMPANY remains a cornerstone of Vietnam’s cement industry with a long-standing reputation and public listing. Despite recent financial headwinds and asset contraction, the company is showing signs of recovery, backed by improved sales and a return to profitability. As it continues to optimize operations and diversify income streams, BCC remains a noteworthy candidate for business cooperation and investment.