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CONTINENT PACKAGING CORPORATION

Active

Business ID 0304381815

84-28 / 3961 2827

CONTINENT PACKAGING CORPORATION

Active

Business ID 0304381815

84-28 / 3961 2827

CONTINENT PACKAGING CORPORATION

Active

Summary

Name:

CONTINENT PACKAGING CORPORATION

Business ID (TIN):

0304381815

Date of Registration:

25 May 2006

Registered Office:

Ho Chi Minh City Department of Planning and Investment

Address:

No. 49/23, Luy Ban Bich Street, Tan Thoi Hoa Ward, Tan Phu District, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3961 2827

Fax:

(84-28) 3961 8003

Financial Statement:

2020, 2021, 2022, 2023, 2024

CONTINENT PACKAGING CORPORATION (Công Ty Cổ Phần Bao Bì Đại Lục), registered under business ID 0304381815, is a long-established and sizable manufacturer in Vietnam’s plastics and packaging industry. Operating since 2006 with headquarters in Tan Phu District, Ho Chi Minh City, the company now oversees a broad industrial footprint that includes facilities in Long An and Dong Nai provinces. With a workforce of approximately 6,300 employees, it ranks among the larger private enterprises in its sector.

The company reported USD 219.37 million in sales for 2023, up more than 20% from the previous year—a notable expansion in top-line revenue. Its asset base rose modestly to USD 126.94 million, while equity inched up to USD 21.18 million, reflecting stability. However, a closer look at profitability reveals a more concerning trend. Net profit has steadily declined over the past three years, falling to USD 286,226 in 2023—a drop of nearly 9% compared to 2022, despite rising sales. This suggests a squeeze on margins, potentially driven by cost pressures or inefficiencies in scaling production.

Working capital has also diminished sharply, now sitting at just over USD 443,000, down more than 70% year-over-year. This signals tight liquidity conditions and reduced short-term financial flexibility. While the company's asset growth and revenue performance remain respectable, declining profit and weakened liquidity could pose risks if not addressed through operational optimization or financial restructuring.

Leadership is centralized under Mr. Le Van Luc, who serves as both Chairman and General Director. He is also one of the company’s principal shareholders, owning 30% of the firm. The largest individual shareholder is Mr. Lam Viet Trung, with 39.6%, while Plastic_04 Corporation, another major industry player, holds nearly 16%. The rest of the shares are split among a handful of Vietnamese investors.

CONTINENT PACKAGING CORPORATION's operations span a range of related fields, from manufacturing plastic packaging and garments to real estate consulting, printing, and freight logistics. This diversification, while potentially offering multiple revenue streams, may also contribute to diluted management focus if not strategically aligned.

In conclusion, CONTINENT PACKAGING CORPORATION is a high-capacity manufacturer with solid revenue growth and asset strength, yet it faces increasing pressure on profit margins and liquidity. Stakeholders should pay attention to how the company responds to these operational and financial challenges. For detailed business verification, litigation history, or financial risk reports on this or any Vietnamese enterprise, visit VANGUARD BUSINESS INFORMATION LLC (VBI).

Legal Profile

English Name:

CONTINENT PACKAGING CORPORATION

Vietnamese Name:

CÔNG TY CỔ PHẦN BAO BÌ ĐẠI LỤC

Short Name:

CONTINENT CORP

Business ID (TIN):

0304381815

Date of Registration:

25 May 2006

Registered Office:

Ho Chi Minh City Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ LE V.L

+ DUONG H.T

Address:

No. 49/23, Luy Ban Bich Street, Tan Thoi Hoa Ward, Tan Phu District, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3961 2827

Fax:

(84-28) 3961 8003

Factory Address:

Lot P.2, Street No. 8, Loi Binh Nhon Industrial Park, Loi Binh Nhon Commune, Tan An City, Long An Province, Vietnam

Branch:

Thanh Hoa Hamlet (On the campus of Branch of Vietnam Cotton Joint Stock Company), Ho Nai 3 Commune, Trang Bom District, Dong Nai Province, Vietnam

Factory Address:

On the campus of Plastic_04 Corporation, Lot IV-4A, Ho Nai Industrial Park, Ho Nai 3 Commune, Trang Bom District, Dong Nai Province, Vietnam

Branch:

Lot I'1, Street No. 6, Loi Binh Nhon Industrial Cluster, Loi Binh Nhon Commune, Tan An City, Long An Province, Vietnam

Branch:

No. 377, Nguyen Thi Dinh Street, Phu Thanh Hamlet, Phu Hung Commune, Ben Tre City, Ben Tre Province, Vietnam

Branch:

Tran Dai Nghia Street, Group 7, Thanh Hoa Hamlet, Ho Nai 3 Commune, Trang Bom District, Dong Nai Province, Vietnam

Branch:

Land Plot No. 278, Map Sheet No. 5, Hung Nhon Hamlet, Hoa Nghia Commune, Cho Lach District, Ben Tre Province, Vietnam

Branch:

Lot N4, Street No. 6, Loi Binh Nhon Industrial Cluster, Loi Binh Nhon Commune, Tan An City, Long An Province, Vietnam

Branch:

Lot A2, Area A, Street No. 1, Loi Binh Nhon Industrial Cluster, Loi Binh Nhon Commune, Tan An City, Long An Province, Vietnam

Branch:

Lot E1, Street A, Binh Chieu Industrial Park, Binh Chieu Ward, Thu Duc City, Ho Chi Minh City, Vietnam

Warehouse Address:

No. A9/259/1, Hamlet 1, Da Phuoc Commune, Binh Chanh District, Ho Chi Minh City, Vietnam

Branch:

Land Plot No. 286, Hamlet 2, Tan Lap Commune, Moc Hoa District, Long An Province, Vietnam

Factory Address:

Lot CN17, Tam Thang Industrial Park, Tam Thang Commune, Cu Jut District, Dak Nong Province, Vietnam

Branch:

Lot 19A6-1 and 19A6-2, Street No. 1, Tra Noc 1 Industrial Park, Tra Noc Ward, Binh Thuy District, Can Tho City, Vietnam

Branch:

No. 265/2, Lo Da Hamlet, An Luc Long Commune, Chau Thanh District, Long An Province, Vietnam

Branch:

Land Plot No. 359, 444, 445, Map Sheet No. 31, Tran Van Giau Street, Tam Vu Town, Chau Thanh District, Long An Province, Vietnam

Branch:

Land Plot No. 545, Map Sheet No. 10, Phu Xuan 1 Hamlet, Phu Ngai Tri Commune, Chau Thanh District, Long An Province, Vietnam

Branch:

Land Plot No. 28, Map Sheet No. 25, Road No. 827A, Hamlet 2, Hoa Phu Commune, Chau Thanh District, Long An Province, Vietnam

Branch:

Land Plot No. 475, Map Sheet No. 31, Hoi Xuan Quarter, Tam Vu Town, Chau Thanh District, Long An Province, Vietnam

Business Sector

Key business lines:

VSIC:

2220 Manufacture of plastics products

NACE:

22.22 Manufacture of plastics products

NAICS:

3261 Plastics Product Manufacturing

Industry Sales Growth

CAGR (2019 - 2023)

4.40%

YoY (2023)

-5.15%

Companies by industry

Company distribution and propportions

13,105

0.4508%

Key Industry Players

Top 10 companies in manufacture of plastics products industry

plastic chemicals group joint stock company binh minh plastics joint stock company tien phong plastic joint stock company an phat bioplastics joint stock company duy tan plastics manufacturing corporation phan minh investment production trading services company limited an tien industries joint stock company continent packaging corporation stavian chemical joint stock company segyung vina company limited

Payment History

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Financial Performance

Assets	60.71%
Owner’s Equity	-90.65%
Working Capital	-55.80%
Net Worth	70.31%
Sales	-32.68%
Operating income	-28.33%
EBIT	42.74%
Gross Profit Margin	35.23%
Debt to EBITDA	-17.89%

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Opinion from Analysts

Specific Questions About CONTINENT PACKAGING CORPORATION

When did CONTINENT PACKAGING CORPORATION start operating?

CONTINENT PACKAGING CORPORATION was started in 25 May 2006

What industry does CONTINENT PACKAGING CORPORATION operate in?

CONTINENT PACKAGING CORPORATION is operating in "Manufacture of plastics products" industry

How can I contact CONTINENT PACKAGING CORPORATION?

CONTINENT PACKAGING CORPORATION phone numbers is 84-28 / 3961 2827

What adverse news is there about CONTINENT PACKAGING CORPORATION?

CONTINENT PACKAGING CORPORATION’s has 14 bad news

What is stock symbol of CONTINENT PACKAGING CORPORATION?

CONTINENT PACKAGING CORPORATION is not listed company

Where is the location of CONTINENT PACKAGING CORPORATION?

CONTINENT PACKAGING CORPORATION is located at No. 49/23, Luy Ban Bich Street, Tan Thoi Hoa Ward, Tan Phu District, Ho Chi Minh City, Vietnam

What is CONTINENT PACKAGING CORPORATION’s business registration?

CONTINENT PACKAGING CORPORATION business registration is 0304381815

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