BROTEX (VIETNAM) CO., LTD

BROTEX (VIETNAM) CO., LTD. (CÔNG TY TNHH BROTEX (VIỆT NAM)) is a leading textile manufacturer in Vietnam, specializing in the spinning of textile fibers and the production of colored yarn. Established on December 18, 2012, the company operates as a one-member limited liability company (LLC) under Business ID: 3901157636, with official registration under the Tay Ninh Province Department of Planning and Investment. BROTEX (VIETNAM) CO., LTD. is a wholly owned subsidiary of BROS EASTERN CO., LTD (China), reflecting its status as a foreign direct investment (FDI) enterprise.

The company's headquarters is located at Lot No. 34-6, Road D11, Phuoc Dong Industrial Park, Phuoc Dong Commune, Go Dau District, Tay Ninh Province, Vietnam, with multiple factories within Tay Ninh Province. With a workforce of 4,620 employees, BROTEX (VIETNAM) CO., LTD. is one of the largest textile manufacturing companies in Vietnam, contributing significantly to the country’s textile and garment industry, a key sector in Vietnam’s export economy.

Key Personnel

• Chairman: Mr. YEUNG WAI SAN (Chinese) – Oversees the company’s investment and strategic direction.
• General Director: Mr. ZHANG KUI (Chinese) – Manages daily operations and business growth.

Financial Performance and Risk Analysis

As of December 31, 2023, the company reported the following financial figures:

• Total Assets: USD 1.15 billion (YoY decline of -3.72%)
• Owner’s Equity: USD 858.02 million (YoY growth of 8.21%)
• Total Sales Revenue: USD 735.42 million (YoY growth of 8.4%)
• Net Profit: USD 16.21 million (YoY decline of -84.3%)
• Net Worth: USD 858.02 million

Despite growth in revenue and equity, profitability has dropped significantly, indicating rising production costs, market fluctuations, or reduced demand for textile products. VANGUARD BUSINESS INFORMATION LLC (VBI), a private financial data supplier, provides risk management services and company reports to assess the financial stability and industry positioning of BROTEX (VIETNAM) CO., LTD..

Business Operations and Industry Overview

BROTEX (VIETNAM) CO., LTD. operates in Vietnam’s textile and garment industry, which is a major contributor to the country’s export economy. The company’s primary business activities include:

• Manufacturing and trading of colored yarn and by-products
• Spinning of textile fibers
• Other textile-related manufacturing services

Vietnam’s textile and apparel industry is highly competitive and export-driven, benefiting from trade agreements such as the CPTPP and EVFTA. However, fluctuations in raw material costs, global demand shifts, and environmental regulations present challenges for companies like BROTEX (VIETNAM) CO., LTD.

VBI’s company report classifies BROTEX (VIETNAM) CO., LTD. as a major industry player with strong financial backing but potential profitability risks. To maintain competitiveness, the company must improve cost efficiency, expand into new markets, and enhance product innovation.

With VBI’s risk management expertise, investors and business partners can make informed decisions regarding collaborations with BROTEX (VIETNAM) CO., LTD., ensuring long-term financial stability and growth.