Established in July 2006 and headquartered at Lot C40-43/I, C51-55/II, Road No. 7, Vinh Loc Industrial Park, Vinh Loc A Commune, Binh Chanh District, Ho Chi Minh City, CHOLIMEX FOOD JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN THỰC PHẨM CHOLIMEX) has solidified its reputation as one of Vietnam’s most prominent producers and exporters of prepared meals, sauces, and frozen foods. Legally structured as a publicly held joint stock company, CHOLIMEX FOOD operates under Business ID and Tax Code 0304475742, and is registered with the Ho Chi Minh Department of Planning and Investment. The company is also listed on the UPCoM stock exchange under the ticker symbol CMF.
The leadership team of CHOLIMEX FOOD includes Mr. Duong V. H., who serves as Chairman, Mr. Diep N. H. as General Director, and Ms. Nguyen T. H. T. as Deputy General Director. With a workforce of 1,877 employees, the company continues to grow its operational scale, not only across Vietnam but also into international markets.
From a financial perspective, CHOLIMEX FOOD has demonstrated consistent and healthy growth. As of fiscal year-end 2024, the company reported total assets of USD 78.21 million, a 17.76% increase compared to 2023. Its owner's equitygrew to USD 48.43 million, marking an 18.44% year-over-year gain, while net profit reached USD 10.28 million, up 8% from the previous year. The company’s sales revenue amounted to USD 152.72 million, showing a stable 9% growth rate, and its working capital was maintained at USD 14.65 million, ensuring financial flexibility for ongoing operations and investment.
CHOLIMEX FOOD’s product portfolio includes an array of best-selling sauces such as chili sauce, sweet & sour chili sauce, and plum chili sauce, along with frozen seafood products like breaded shrimp, spring rolls, dim sum, and ready-to-eat meals. These offerings are highly sought after in both domestic and export markets, contributing to CHOLIMEX FOOD’s growing brand presence throughout Asia, Europe, and North America.
Major shareholders include Cho Lon Investment and Import Export Corporation (CHOLIMEX) , which holds 40.72%, and several entities within the Masan Group (including Masan Consumer Corporation and Masan Food Co., Ltd.), which jointly hold over 98% of the company through overlapping equity structures. Additionally, Nichirei Foods Inc. of Japan owns a 19% stake, providing strategic international ties and enhancing CHOLIMEX FOOD’s global capabilities.
With over 19 years of market experience, strong shareholder backing, and a solid financial base, CHOLIMEX FOOD JOINT STOCK COMPANY continues to reinforce its leadership in Vietnam’s processed food industry. Its culinary innovation, operational excellence, and export competence position it well for sustainable growth in the years ahead.
+ DUONG V.H
+ DIEP N.H
+ NGUYEN T.H.T
+ HO N.H
+ NGUYEN T.B.N
-2.59%
0.22%
1,036
0.0357%
| Assets | 44.75% |
| Owner’s Equity | 30.86% |
| Working Capital | -92.18% |
| Net Worth | -17.71% |
| Sales | -8.15% |
| Operating income | -70.90% |
| EBIT | -96.15% |
| Gross Profit Margin | 12.56% |
| Debt to EBITDA | 60.01% |
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