BINH DUONG NEW CITY AUTOMOBILE SERVICE JOINT STOCK COMPANY

BINH DUONG NEW CITY AUTOMOBILE SERVICE JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN DỊCH VỤ Ô TÔ THÀNH PHỐ MỚI BÌNH DƯƠNG) is an active automobile trading and service enterprise operating in Binh Duong Province for more than 11 years 

Established on 16 July 2014, the company holds Business ID 3702287077 and is registered with the Binh Duong Department of Planning and Investment. Charter capital stands at USD 3.70 million, fully paid. The company employs approximately 110 staff and operates as a privately held joint stock company.

The head office is located at Lot C13, Hung Vuong Street, Complex, Hoa Phu Ward, Thu Dau Mot City, Binh Duong Province, Vietnam. The company specializes in trading automobiles and accessories, as well as vehicle maintenance and repair services. Its registered activities also include the wholesale and retail of motor vehicles, leasing of vehicles, machinery trading, and the distribution of related equipment.

Financially, the company shows revenue normalization after a peak period. Total sales declined from USD 70.60 million (2022) to USD 60.37 million (2024). Despite the revenue contraction, profitability stabilized, with net profit reaching USD 948,706, a slight year-on-year improvement. Total assets recovered to USD 14.95 million, while owner’s equity stood at USD 4.70 million. Working capital decreased to USD 2.24 million, indicating tighter short-term liquidity compared to prior periods.

The company is led by General Director NGUYEN H. A.

The shareholder structure reflects strong institutional backing. SAIGON GENERAL SERVICE CORPORATION holds 50.6%, followed by NGUYEN T. T. B. (20%), BEN THANH AUTOMOBILE CORPORATION (10%), TA P. D.(10%), and other minority shareholders (9.4%).

Positioned within Binh Duong’s expanding urban and industrial ecosystem, BINH DUONG NEW CITY AUTOMOBILE SERVICE JOINT STOCK COMPANY continues to operate as a regional automotive distributor and service provider, supported by established shareholders and steady profit generation despite moderating sales volumes.