CAMIMEX JOINT STOCK COMPANY

Camimex Joint Stock Company is one of the long standing players in Vietnam’s seafood processing industry and a significant contributor to the country’s shrimp export value chain. Established in 2013, the company specializes in processing and preserving fisheries products with a focus on frozen shrimp. Supported by a large workforce of 2,726 employees, Camimex operates multiple branches across Ca Mau and Ho Chi Minh City, enabling efficient sourcing, processing, and distribution to both domestic and export markets.

The company’s public listing on the UpCOM exchange reflects its transition from a traditional seafood processor into a more structured corporate entity with transparent reporting and broader investor participation. A particularly notable feature of Camimex is its sustained asset expansion over the past three years, even during a period of fluctuating seafood demand globally, signaling long term investment commitment and operational scale.

Leadership and Shareholders

The company is led by Bui S. T., Chairman, who directs the group’s long term strategy, investment allocation, and governance. Day to day operations are overseen by Dang N. S., General Director, supported by Bui D. C., Deputy General Director, who coordinates production activities and ensures compliance across the company’s multiple branches.

Ownership is concentrated primarily in domestic stakeholders.
Camimex Group Joint Stock Company holds 79.69 percent, giving it decisive control and providing strategic backing within the seafood supply chain.
Bui D. D. owns 11.7 percent, representing the largest individual shareholder position.

Financial Growth and Market Risks

Camimex reported sales of USD 78.61 million in 2023, although profitability declined sharply as global shrimp prices fell, export markets softened, and production costs increased. Despite these pressures, the company maintained positive equity growth and expanded its asset base, reflecting continued investment in processing capacity and operational infrastructure.

The company remains exposed to significant industry risks including raw material price volatility, fluctuating export demand, intense competition from regional producers, and tightening compliance requirements in major import markets such as the United States and the European Union. Liquidity management and working capital efficiency are critical given the scale and seasonality of seafood processing. A complete evaluation of Camimex’s credit posture, financial resilience, and multi year performance trends is available through the VNBIS Company Comprehensive Report.

Business Intelligence and Risk Outlook

Vietnam’s shrimp processing sector faces both challenges and opportunities as global demand becomes more selective and international buyers increase quality, traceability, and sustainability requirements. Camimex is positioned to benefit from rising shifts toward responsibly sourced seafood and Vietnam’s growing reputation as a competitive exporter.

Short term performance will be influenced by export order recovery, global shrimp inventory levels, and improved pricing conditions. Over the long term, the company’s competitiveness will depend on its ability to improve processing efficiency, strengthen supply chain integration, and meet increasingly stringent global certification standards. Investors and commercial partners wanting to better understand the company’s operational capability, risk profile, and financial trajectory are advised to review the full VNBIS Comprehensive Report.

VNBIS Support and Business Services

Vanguard Business Information LLC (VNBIS) provides a comprehensive suite of business intelligence services to assist investors, suppliers, and financial institutions evaluating Camimex Joint Stock Company.

VNBIS services include:

• Company Credit Reports assessing solvency, liquidity, and financial health
• Risk Management Solutions analyzing exposure to seafood market cycles, raw material risks, and profitability pressure
• Business Verification and Due Diligence Reports confirming ownership structure, operational compliance, and governance practices

For clients requiring up to date financial data, verified corporate information, and newly investigated insights, the VNBIS Company Comprehensive Report delivers the most complete and reliable assessment available. Through these services, VNBIS enables secure, transparent, and data driven business decisions.