CENTRAL POWER ELECTRONIC MEASUREMENT EQUIPMENT MANUFACTURING CENTER

CENTRAL POWER ELECTRONIC MEASUREMENT EQUIPMENT MANUFACTURING CENTER is a branch of CENTRAL POWER CORPORATION, specializing in the research, design, and manufacture of electronic power meters and other electronic devices. Established on June 25, 2015, the company is registered with the Da Nang City Department of Planning and Investment. As an entity invested by a state-owned company, it plays a key role in providing measuring, testing, navigating, and control equipment for Vietnam’s power industry. The company's Tax ID (TIN) is 0400101394-026.

Management & Business Operations

CENTRAL POWER ELECTRONIC MEASUREMENT EQUIPMENT MANUFACTURING CENTER is led by Director THAI THANH NAM, who is responsible for overseeing its operations and strategic direction. He is supported by Chief Accountant NGHIEM NGUYEN CUONG, ensuring financial transparency and efficiency. The company has a workforce of 170 employees and operates from its headquarters at No. 552, Trung Nu Vuong Street, Hoa Thuan Tay Ward, Hai Chau District, Da Nang City, Vietnam. Additionally, its manufacturing facility is located in Hoa Cam Industrial Park, Da Nang City.

Financial Performance & Growth

Despite facing fluctuations in financial performance, CENTRAL POWER ELECTRONIC MEASUREMENT EQUIPMENT MANUFACTURING CENTER has shown resilience in maintaining its business stability. As of December 31, 2023, the company reported:

• Total assets of USD 5.99 million (+9.29% YoY)
• Total sales of USD 8.81 million (-17.54% YoY)
• Net profit of USD 4,502 (-19.47% YoY)
• Equity of USD 1.03 million (unchanged YoY)
• Net worth of USD 987,077 (-0.91% YoY)

While the company experienced a decline in revenue and profit, its asset growth suggests ongoing investment in technology and infrastructure. The organization implements Risk Management strategies to ensure financial sustainability and operational efficiency.

Ownership & Industry Position

CENTRAL POWER ELECTRONIC MEASUREMENT EQUIPMENT MANUFACTURING CENTER is 100% owned by CENTRAL POWER CORPORATION, a major state-owned electricity provider in Vietnam. This ownership structure ensures financial backing and strategic support for long-term business development. The company’s expertise in electronic measurement equipment contributes significantly to Vietnam’s energy infrastructure and electrical system modernization.

Business Verification & Market Transparency

While CENTRAL POWER ELECTRONIC MEASUREMENT EQUIPMENT MANUFACTURING CENTER focuses on power measurement solutions, VANGUARD BUSINESS INFORMATION (VBI) offers Business Verification Services to help companies assess Private Financial Data, ensuring compliance and reducing business risks. VBI’s expertise allows investors and partners to make informed financial decisions when engaging with companies in Vietnam.

With a commitment to innovation and quality, CENTRAL POWER ELECTRONIC MEASUREMENT EQUIPMENT MANUFACTURING CENTER is expected to enhance its research and development capabilities to produce advanced electronic power meters. As Vietnam’s energy sector evolves, the company remains a vital player in the country's push for technological progress and efficiency in power measurement systems.