The subject is known as a member of Grove Group. On the legal form, GROVE FRUITS COMPANY LIMITED owned 85.2% of its shares. The main activity of the subject was to import and distribute fruits. It imported fruits (mainly apples, grapes, pears, cherries, oranges, and kiwi, etc) from many international markets and supplied them to other trading companies and supermarket systems nationwide.
In recent years, the company's business operations seemed to be ineffective. Until 2022, retained earnings were negative with a value of VND 155 billion. The company was repeatedly asked for money by suppliers for delaying payment of orders or refusing to pay for orders. Business performance is not as good as expected, therefore, currently, the company has temporarily suspended operations.
According to the Ho Chi Minh City Tax Department, the company is temporarily suspending operations. Besides, we cannot contact with the company. Therefore, we do not give credit limit for the subject. Below is former operation information of the subject:
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Company Profile Report
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Owner's Equity
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Company Standard Report
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EBT
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Profit and Loss Statement
Cash Flow Statement
Comprehensive Report
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Industry Information
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Negative Payment Records
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Profit and Loss Statement
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