BROADPEAK SOC TRANG COMPANY LIMITED

BROADPEAK SOC TRANG COMPANY LIMITED (Local name: Công Ty TNHH Broadpeak Sóc Trăng) is a foreign-invested enterprise (FDI) operating in the manufacturing sector. The company was officially established on May 25, 2017, and is legally registered with the Soc Trang Province Department of Planning and Investment under Business ID 2200733939.

Its head office is at Lot T, Road N2, An Nghiep Industrial Park, An Hiep Commune, Chau Thanh District, Soc Trang Province. The company also operates a branch and a representative office in Ho Chi Minh City, enhancing its logistical capacity and customer reach. BROADPEAK has grown rapidly in recent years, becoming a significant regional employer with a workforce of around 8,000.

With a charter capital of over 27 million U.S. dollars, BROADPEAK is a one-member limited liability company with 100% foreign ownership. The company is a  Youngone Nam Dinh Co., Ltd. subsidiary, a well-established manufacturing group with a strong presence in Vietnam’s textile and garment sector.

Leadership and Management

An experienced leadership team of South Korean professionals manages BROADPEAK SOC TRANG COMPANY LIMITED. Lee Y. U. serves as the General Director, overseeing strategic direction and operational performance, while Kim E. J. holds the position of Deputy General Director, supporting production and business expansion. Under their leadership, the company has achieved impressive growth in both revenue and profitability.

Financial Highlights and Growth

The company has shown remarkable financial performance over the past three years. Total assets increased from approximately 35 million U.S. dollars in 2021 to more than 79 million U.S. dollars in 2023, reflecting substantial capital investment and expansion. Equity grew steadily to over 72 million U.S. dollars, underlining its solid financial foundation.

Revenue reached nearly 109 million U.S. dollars in 2023, with profit climbing to more than 26 million U.S. dollars. This represents double-digit year-on-year growth, further confirming BROADPEAK’s strength in production efficiency, export competitiveness, and market demand. The company’s working capital improved significantly, supporting its ability to finance continued expansion and maintain operational resilience.

Core Business Activities

BROADPEAK manufactures luggage, handbags, backpacks, and related textile products. Its product portfolio also includes apparel, knitted fabrics, and other textile goods, making it a versatile supplier for global brands.

The company’s registered business lines cover a wide range of manufacturing and trading activities, including printing, textile weaving, spinning, apparel production, textile finishing, and wholesale of clothing and footwear. It is also engaged in the production of non-woven fabrics and textile-based accessories, serving international markets with high-quality goods.

Strategic Position in the Market

In Soc Trang Province — a region known for its growing industrial base — BROADPEAK benefits from competitive labor costs, stable infrastructure, and proximity to ports and logistics hubs in southern Vietnam. Its expansion into Ho Chi Minh City through branches and representative offices further strengthens its supply chain capabilities and customer service.

The company’s foreign investment backing from Youngone Nam Dinh Co., Ltd. ensures access to advanced technology, efficient production systems, and a strong global distribution network. This gives BROADPEAK a competitive edge in the fashion accessories and textile manufacturing.

Outlook and Strategic Direction

With its strong financial foundation, advanced production capabilities, and experienced leadership team, BROADPEAK SOC TRANG COMPANY LIMITED is well-positioned to capture more opportunities in global apparel and accessories manufacturing. As global demand for high-quality textile and leather goods continues to rise, the company is expected to expand its production scale and diversify its product offerings.

The combination of foreign investment, strategic location, and operational excellence has made BROADPEAK one of the most dynamic manufacturers in Soc Trang Province, contributing significantly to Vietnam’s export sector and employment landscape.