BINH DUONG NUTIFOOD NUTRITION FOOD JOINT STOCK COMPANY
ActiveBINH DUONG NUTIFOOD NUTRITION FOOD JOINT STOCK COMPANY
ActiveBINH DUONG NUTIFOOD NUTRITION FOOD JOINT STOCK COMPANY
ActiveSummary
BINH DUONG NUTIFOOD NUTRITION FOOD JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN THỰC PHẨM DINH DƯỠNG NUTIFOOD BÌNH DƯƠNG) is one of Vietnam's most dynamic and influential companies in the dairy and nutritional food manufacturing industry. With more than two decades of experience since its establishment on August 4, 2003, the company has become a cornerstone in the nutritional food sector, known for its high-quality milk, dairy products, and healthy food options. Headquartered in My Phuoc Industrial Park, Ben Cat City, Binh Duong Province, the company operates actively with a team of approximately 1,000 employees and several regional branches across Vietnam.
In 2023, BINH DUONG NUTIFOOD NUTRITION FOOD JOINT STOCK COMPANY reported total assets of over USD 278.82 million and sales reaching USD 391.4 million, reflecting a 13.27% increase in revenue compared to the previous year. Notably, the company's profit skyrocketed by 317.35% year-over-year, hitting USD 15.15 million. These impressive figures highlight its financial resilience and market strength, even amid a decline in total assets by 17.74%. With an equity base of over USD 110 million and working capital of USD 41.64 million, the company demonstrates strong financial health and operational capability.
The leadership of BINH DUONG NUTIFOOD NUTRITION FOOD JOINT STOCK COMPANY includes notable Vietnamese business figures. Chairman Tran Thanh Hai leads the board, with Mr. Le Nguyen Hoa serving as Director and Ms. Tran Thi Le as a Board Member. Together, they have guided the company through steady growth and development. The business structure is privately held, with Mr. Tran Thanh Hai owning 50.03% of the shares and the remaining significant ownership held by another Nutifood entity in Ho Chi Minh City.
The company’s business activities span a wide range of sectors, with its core focused on the production of dairy products, nutritious foods, and beverages. It is also engaged in manufacturing non-alcoholic drinks, coffee, plastic products, wooden containers, and even furniture. Moreover, the company is involved in wholesale trading of agricultural materials and beverages, warehousing, and logistics. This diversification showcases its strategic adaptability and growth-oriented approach.
Branches of the company are strategically located in Da Nang, Dong Nai, and Hung Yen, ensuring wide geographic coverage and distribution efficiency across the country. The company continues to invest in infrastructure, product innovation, and quality assurance to meet domestic and international standards.
With its continuous growth, diversified business lines, and a firm commitment to delivering nutritional value to consumers, BINH DUONG NUTIFOOD NUTRITION FOOD JOINT STOCK COMPANY stands out as a market leader in Vietnam’s food manufacturing sector. It has not only maintained its competitive edge but also contributed to the health and well-being of millions of Vietnamese families.
As consumer demands for healthy and nutritious food continue to rise, BINH DUONG NUTIFOOD NUTRITION FOOD JOINT STOCK COMPANY is well-positioned to expand further and solidify its presence in both the domestic and global markets.
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Industry Sales Growth
0.12%
2.00%
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841
0.0289%
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Financial Performance
| Assets | 29.86% |
| Owner’s Equity | -3.64% |
| Working Capital | 63.06% |
| Net Worth | -17.07% |
| Sales | -3.49% |
| Operating income | 22.17% |
| EBIT | 70.73% |
| Gross Profit Margin | -47.45% |
| Debt to EBITDA | 98.76% |