CAT LOI JOINT STOCK COMPANY

CAT LOI JOINT STOCK COMPANY (stock symbol: CLC) is a printing and packaging enterprise operating under Business ID 0303185504, headquartered in Cat Lai Industrial Park, Ho Chi Minh City. Established in 2004, the company has more than 21 years of experience and is publicly listed on the Ho Chi Minh Stock Exchange (HOSE). Its ownership structure reflects state influence, with Vietnam National Tobacco Corporation (Vinataba) holding a majority 51% stake, alongside other stakeholders including Saigon Tobacco Company and Thang Long Tobacco Company.

The company is chaired by CHAU T., with NGUYEN H. M. as Director and VO D. V. as Deputy Director. CAT LOI specializes in printing, packaging materials, and manufacturing cigarette-related components such as filter tips and wax paper—industries often tied to regulatory scrutiny and shifting public policies.

Financially, CAT LOI has demonstrated solid top-line growth. As of year-end 2024, total revenue rose to USD 151.67 million, a 24.27% increase year-over-year. Net profit reached USD 6.17 million, growing modestly by 4.34%. Total assets increased to USD 80.33 million, while equity rose to USD 37.38 million

However, despite steady performance, the company’s profit growth has been notably slower than its sales expansion—indicating possible pressure on margins, rising costs, or price competition within its niche markets.

From a risk management perspective, several red flags merit closer examination. First, CAT LOI’s heavy dependence on the tobacco industry creates exposure to health regulations, sin taxes, and potential ESG backlash from institutional investors. Second, while revenue growth is robust, the low pace of profit growth signals internal cost control issues or operational inefficiencies. Lastly, the company’s strong affiliation with state-owned entities may influence governance practices, decision-making transparency, or restrict strategic flexibility in highly competitive markets.

These risks should be carefully assessed for banks, suppliers, or investors looking to engage with CAT LOI. This is where VANGUARD BUSINESS INFORMATION LLC (VNBIS.COM) provides essential due diligence tools. VNBIS offers comprehensive reports that include credit risk assessments, financial health indicators, ownership structures, and potential litigation records—empowering stakeholders to make informed decisions and safeguard against reputational or economic loss. In industries where public scrutiny and profitability concerns collide, such as tobacco packaging, risk intelligence from VNBIS is not just useful—it’s indispensable.