CFT VINA COPPER CO., LTD.: A Leading Manufacturer of Copper Wires in Vietnam

CFT VINA COPPER CO., LTD. (CÔNG TY DÂY ĐỒNG VIỆT NAM CFT) stands as one of Vietnam’s prominent manufacturers in the electrical and electronic cable industry. Established on May 27, 1996, and legally registered under Business ID 3600241669, this privately held one-member limited liability company has grown into a strategic supplier of copper wires and key inputs for both industrial and electronic applications.

Headquartered at Road D3-3, Long Duc Industrial Park, Long Thanh District, Dong Nai Province, CFT VINA COPPER CO., LTD. operates with a strong commitment to quality, efficiency, and long-term industrial partnerships. The company is currently led by Mr. PHAM THANH NGHI as General Director, with Mr. NGUYEN CHI DUC serving as Deputy General Director. Both executives are Vietnamese nationals, guiding a team of approximately 70 employees.

Financial Overview

In recent years, CFT VINA COPPER CO., LTD. has demonstrated a resilient financial turnaround. Despite a contraction in total assets, from USD 130 million in 2021 to USD 54.4 million in 2023, the company saw a remarkable rebound in revenue and profitability in 2023:

• Total Sales (2023): USD 261.23 million (▲125.86% YoY)

• Net Profit (2023): USD 3.48 million (▲20,627.63% YoY)

• Equity (2023): USD 23.59 million (▲6.42% YoY)

• Working Capital (2023): USD 17.1 million

This impressive performance signals a strong recovery after a significant dip in 2022, showcasing the company's agility and strategic alignment with market demand.

Ownership and Capital Structure

CFT VINA COPPER CO., LTD. is fully owned by GELEX ELECTRICITY JOINT STOCK COMPANY, a major Vietnamese corporation headquartered in Hanoi. As of December 31, 2023, the company had a charter capital of USD 13.08 million, and a paid-up capital of USD 15.19 million, demonstrating investor confidence and financial solidity.

Business Activities

The company focuses on:

• Manufacturing of copper wires

• Production of other electronic and electric cables

• Wholesale of metals and metal ores

These operations are critical to Vietnam’s expanding infrastructure, electronics, and manufacturing sectors.

Conclusion

With over 28 years of experience, a solid ownership structure, and robust financial performance, CFT VINA COPPER CO., LTD. is well-positioned as a reliable partner in Vietnam’s industrial supply chain. Businesses seeking trusted sources of high-quality copper wiring and cable solutions can rely on CFT VINA COPPER CO., LTD. for consistent service, long-term stability, and technological integrity.

For more information, visit their website at: www.cft-vietnam.com