Founded in 2009, CL-TH STEEL LIMITED LIABILITY COMPANY (CÔNG TY TNHH MỘT THÀNH VIÊN GIA CÔNG THÉP CHU LAI - TRƯỜNG HẢI) has established itself as a core manufacturing unit supporting Vietnam’s automotive and heavy industry ecosystem. Located in Hamlet 4, Tam Hiep Commune, Nui Thanh District, Quang Nam Province, the company is a wholly owned subsidiary of TRUONG HAI INDUSTRIES GROUP LIMITED LIABILITY COMPANY, a key player in the Chu Lai Economic Zone. CL-TH STEEL operates under Business ID and TIN 4000609920 and is officially registered with the Quang Nam Department of Planning and Investment.

The company’s legal status is a one-member limited liability company, with Mr. Nguyen Q. B. acting as Chairman, alongside Mr. Huynh Q. N. as Director, and Ms. Tran T. H. H. as Chief Accountant. Despite operating with a lean workforce of just 21 employees, CL-TH STEEL has demonstrated a remarkable ability to scale production, particularly in supplying steel and nonferrous metal components for the assembly of automobiles, trucks, and buses.

In terms of financial performance, 2023 marked another year of significant topline growth for CL-TH STEEL. The company recorded total sales of USD 139.79 million, reflecting an impressive 88.2% year-over-year increase. Total assets rose to USD 56.52 million, up 12.3%, and owner’s equity grew to USD 9.09 million, a 10.63% gain. However, the company faced a sharp decline in net profit, which dropped to USD 873,748, an 87.32% decrease, suggesting rising production costs or margin pressures within its supply chain. The company’s working capital stood at USD 241,866, a figure that should be monitored closely given the scale of its operations.

While CL-TH STEEL remains financially solvent and continues to scale its market presence, the sharp drop in profitability in 2023 flags a potential operational or pricing risk—particularly relevant for stakeholders engaged in B2B procurement or partnership with the company. This is where VANGUARD BUSINESS INFORMATION LLC (VBI) plays a critical role. By offering real-time business verification, financial health assessments, and risk management services, VBI helps clients make informed decisions when engaging with companies like CL-TH STEEL.

Through deep local insights and verified data, VBI enables clients to detect early signs of financial stress, monitor supplier performance, and identify underlying credit risks. For manufacturers or investors considering partnerships with CL-TH STEEL LIMITED LIABILITY COMPANY, a due diligence report from VBI ensures that strategic decisions are backed by solid, objective analysis, helping mitigate uncertainty and safeguard business continuity.

In summary, CL-TH STEEL LIMITED LIABILITY COMPANY remains a vital industrial asset within the Truong Hai ecosystem. Still, its recent financial volatility underscores the importance of continuous verification and proactive risk control, both of which VBI is uniquely positioned to provide.