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CARLSBERG VIETNAM BREWERIES LIMITED

Active

Business ID 3300100586

84-28 / 3845 1748 / +84 902 730 688

CARLSBERG VIETNAM BREWERIES LIMITED

Active

Business ID 3300100586

84-28 / 3845 1748 / +84 902 730 688

CARLSBERG VIETNAM BREWERIES LIMITED

Active

Summary

Name:

CARLSBERG VIETNAM BREWERIES LIMITED

Business ID (TIN):

3300100586

Date of Registration:

04 Jul 2008

Registered Office:

Hue City Department of Finance

Address:

Lot B8, Phu Bai Industrial Park, Thua Thien Hue Province, Vietnam

Phone:

84-28 / 3845 1748 / +84 902 730 688

Financial Statement:

2020, 2021, 2022, 2023, 2024

CARLSBERG VIETNAM BREWERIES LIMITED (CÔNG TY TNHH BIA CARLSBERG VIỆT NAM), a fully foreign-owned enterprise based in Hue City, Vietnam, has been a major player in Vietnam’s beer industry since its registration on July 4, 2008. The company is located at Lot B8, Phu Bai Industrial Park, Phu Bai Ward, Huong Thuy Town, and operates under tax code and business ID 3300100586. It is a one-member limited liability company wholly owned by CARLSBERG INTERNATIONAL A/S of Denmark.

The business is led by General Director Mr. Peter Wachenschwanz, a German national, and Chief Accountant Mr. Ngo Thanh Hoang. With a workforce of approximately 1,700 employees, CARLSBERG VIETNAM BREWERIES LIMITED manufactures and distributes well-known beer brands such as Carlsberg, Tuborg, Huda, and Halida across the Vietnamese market. The company's charter capital stands at USD 14.15 million.

In 2023, CARLSBERG VIETNAM BREWERIES LIMITED reported impressive revenue growth, with total sales reaching USD 206.03 million—an increase of 13.32% year-over-year. Total assets also rose moderately by 5.68% to USD 126.87 million, reflecting continued investment and operational expansion.

However, these top-line successes stand in stark contrast to the company's profitability. CARLSBERG VIETNAM posted a net loss of USD 4.43 million in 2023, reversing a USD 3.8 million profit in 2022 and an even higher profit of USD 11.34 million in 2021. This downward trajectory amounts to a 216.44% year-on-year plunge, indicating severe margin erosion. Moreover, owner’s equity fell by 15.66%, reducing to USD 23.83 million, while working capital plummeted to a worrying negative USD 29.85 million—suggesting serious liquidity constraints.

A critical view of this performance reveals deep structural issues despite strong brand equity and sales momentum. The combination of rising revenues and falling profits suggests increasing production or operational costs, possibly exacerbated by inflation, supply chain pressures, or inefficiencies within the brewery's operations. The significant negative working capital further signals short-term solvency risks, raising red flags for suppliers and creditors.

CARLSBERG VIETNAM BREWERIES LIMITED must act swiftly to rebalance its financial fundamentals. Priorities should include cost optimization, operational efficiency, and tighter cash flow control. Without strategic corrections, prolonged financial underperformance could undermine its long-standing market presence and the strength of the Carlsberg brand in Vietnam.

For investors, distributors, and market analysts seeking detailed risk insights, legal verification, and comprehensive financial profiling of CARLSBERG VIETNAM BREWERIES LIMITED, Vanguard Business Information LLC provides reliable business intelligence tailored to Vietnam’s corporate landscape.

Legal Profile

English Name:

CARLSBERG VIETNAM BREWERIES LIMITED

Vietnamese Name:

CÔNG TY TNHH BIA CARLSBERG VIỆT NAM

Short Name:

CBVB

Business ID (TIN):

3300100586

Date of Registration:

04 Jul 2008

Registered Office:

Hue City Department of Finance

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

+ PETER W

+ NGO T.H

Address:

Lot B8, Phu Bai Industrial Park, Thua Thien Hue Province, Vietnam

Phone:

84-28 / 3845 1748 / +84 902 730 688

Business Sector

Key business lines:

VSIC:

1103 Manufacture of malt liquors and malt

Industry Sales Growth

CAGR (2019 - 2023)

-0.34%

YoY (2023)

-6.17%

Companies by industry

Company distribution and propportions

407

0.0140%

Key Industry Players

Top 10 companies in manufacture of malt liquors and malt industry

saigon beer - alcohol - beverage corporation hanoi beer alcohol and beverage joint stock corporation heineken vietnam brewery limited company carlsberg vietnam breweries limited saigon binh tay beer group joint stock company halong beer and beverage joint stock company sai gon-mien trung beer joint stock company sai gon-quang ngai beer joint stock company anheuser-busch inbev vietnam brewery company limited saigon - lamdong beer joint stock company

Payment History

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Financial Performance

Assets	-14.63%
Owner’s Equity	-70.12%
Working Capital	-45.85%
Net Worth	-15.45%
Sales	-0.22%
Operating income	84.57%
EBIT	20.94%
Gross Profit Margin	79.02%
Debt to EBITDA	45.50%

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Specific Questions About CARLSBERG VIETNAM BREWERIES LIMITED

When did CARLSBERG VIETNAM BREWERIES LIMITED start operating?

CARLSBERG VIETNAM BREWERIES LIMITED was started in 04 Jul 2008

What industry does CARLSBERG VIETNAM BREWERIES LIMITED operate in?

CARLSBERG VIETNAM BREWERIES LIMITED is operating in "Manufacture of malt liquors and malt" industry

How can I contact CARLSBERG VIETNAM BREWERIES LIMITED?

CARLSBERG VIETNAM BREWERIES LIMITED phone numbers is 84-28 / 3845 1748 / +84 902 730 688

What adverse news is there about CARLSBERG VIETNAM BREWERIES LIMITED?

CARLSBERG VIETNAM BREWERIES LIMITED’s has no negative news

What is stock symbol of CARLSBERG VIETNAM BREWERIES LIMITED?

CARLSBERG VIETNAM BREWERIES LIMITED is not listed company

Where is the location of CARLSBERG VIETNAM BREWERIES LIMITED?

CARLSBERG VIETNAM BREWERIES LIMITED is located at Lot B8, Phu Bai Industrial Park, Thua Thien Hue Province, Vietnam

What is CARLSBERG VIETNAM BREWERIES LIMITED’s business registration?

CARLSBERG VIETNAM BREWERIES LIMITED business registration is 3300100586

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