BINH DUONG HOA PHAT STEEL PIPE CO.,LTD (CÔNG TY TNHH MỘT THÀNH VIÊN ỐNG THÉP HÒA PHÁT BÌNH DƯƠNG) is a prominent steel manufacturing enterprise located in the industrial heartland of southern Vietnam. Operating under Business Registration Number 3700906187, the company is headquartered at Lot M, Road 26, Song Than 2 Industrial Park, Tan Dong Hiep Ward, Di An City, Binh Duong Province. Since its incorporation on May 9, 2008, the company has maintained an active status, supplying essential steel products and metal fabrication services to Vietnam’s rapidly developing construction and industrial sectors.
The company is legally registered as a one-member limited liability company and is wholly owned by HOA PHAT STEEL PIPE COMPANY LIMITED, based in Hanoi. BINH DUONG HOA PHAT STEEL PIPE CO.,LTD is privately held and not listed on any stock exchange. It reports a charter capital of USD 11.5 million and a paid-up capital of USD 17.66 million as of the end of 2023. The organization employs around 500 workers and is led by Mr. NGUYEN VAN TUAN, who serves as both Chairman and Director. The company's chief accountant is Ms. NGUYEN THI KIM OANH.
Despite a competitive and volatile steel market, the company reported total assets of USD 91.78 million in 2023, with total sales reaching USD 280.02 million. The firm posted a profit of USD 8.48 million, an improvement of 7.36% over the previous year. However, revenue fell sharply by 27.75% compared to 2022, and total assets declined by 3.81%, reflecting the wider pressures in global and domestic steel demand. Still, equity remained stable at approximately USD 21.03 million, and net worth followed closely, indicating solid internal capital management.
BINH DUONG HOA PHAT STEEL PIPE CO.,LTD specializes in manufacturing various types of steel pipes and operates across a broad spectrum of registered business lines. These include the wholesale of metals and construction materials, fabricated metal products, and even property trading and logistics. It maintains a representative office in Ho Chi Minh City, strengthening its commercial reach across Vietnam's southern economic corridor.
For institutions seeking reliable Vietnam Financial Data, or for those in need of a comprehensive Company Report to evaluate partnership or credit risk, BINH DUONG HOA PHAT STEEL PIPE CO.,LTD is a significant case. With changing financial performance and wide operational scope, the company is an ideal subject for Business Verification Services and Risk Management Services provided by VANGUARD BUSINESS INFORMATION LLC (VBI). VBI’s in-depth insights and verification tools support global stakeholders in assessing potential investment, supply chain exposure, or long-term viability in Vietnam’s industrial sector.
+ NGUYEN V.T
+ NGUYEN T.K.O
8.57%
-4.18%
6,468
0.2231%
Assets | 74.67% |
Owner’s Equity | 97.34% |
Working Capital | -12.32% |
Net Worth | 99.70% |
Sales | 91.50% |
Operating income | 79.63% |
EBIT | 92.80% |
Gross Profit Margin | 3.01% |
Debt to EBITDA | 39.33% |
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