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DABACO GROUP

Active

Business ID 2300105790

84-222 / 3895 111 / 3826 077

DABACO GROUP

Active

Business ID 2300105790

84-222 / 3895 111 / 3826 077

DABACO GROUP

Active

Summary

Name:

DABACO GROUP

Business ID (TIN):

2300105790

Date of Registration:

23 Dec 2004

Registered Office:

Bac Ninh Province Department of Finance

Ticker:

DBC

Address:

No. 35, Ly Thai To Street, Bac Ninh Province, Vietnam

Phone:

84-222 / 3895 111 / 3826 077

Financial Statement:

2020, 2021, 2022, 2023, 2024

DABACO GROUP (CÔNG TY CỔ PHẦN TẬP ĐOÀN DABACO VIỆT NAM): A Leading Agribusiness Conglomerate Rebounds with Record Profit

DABACO GROUP stands among Vietnam’s most diversified and well-capitalized agribusiness and food companies. Operating under Business ID and Tax Code: 2300105790, the company is headquartered in Bac Ninh City and publicly traded on the Ho Chi Minh Stock Exchange (HOSE) under the symbol DBC. Since its registration in 2004, DABACO GROUP has evolved into a vertically integrated operation spanning animal feed production, livestock breeding, food processing, retail services, and real estate investment.

Financial Performance: Explosive Profit Recovery in 2024

In 2024, DABACO GROUP recorded an impressive financial turnaround. Total sales reached USD 557.64 million, a 22.17% increase over 2023, while net profit soared to USD 31.6 million, a remarkable 2,975% increase year-over-year. This marks one of the most significant profit rebounds in the industry, following a modest USD 1 million profit in 2023 and near break-even levels in 2022.

The company’s total assets increased to USD 580.16 million, while owner’s equity rose to USD 277.97 million, both up significantly from prior years. Working capital also grew to USD 58.23 million, reflecting a stronger liquidity position and improved internal cash flow management.

Management and Business Lines

DABACO GROUP is chaired by Mr. Nguyen Nhu So, a veteran entrepreneur in Vietnam’s agribusiness sector. He is supported by a team of experienced executives, including Deputy Chairman and General Director Nguyen Khac Thao. The company currently employs over 6,900 workers, reflecting its scale and reach across Vietnam.

The company’s core businesses include:

Manufacturing animal and aquatic feed
Breeding and slaughtering of livestock
Food processing and packaging
Supermarket and restaurant operations
Real estate development
Wholesale of agricultural inputs and petroleum

This broad scope allows DABACO GROUP to operate a self-contained agribusiness supply chain, minimizing reliance on third-party vendors while capitalizing on growing domestic consumption.

Ownership and Shareholding

As a publicly held corporation, DABACO GROUP has a mix of individual and institutional shareholders. Among them are SSI Securities Corporation, Vietnam Equity Holding, Fraser Investment Holding Pte. Ltd., and PYN Elite Fund. Founder Nguyen Nhu So remains the largest individual shareholder, reinforcing a founder-led growth vision within a listed governance structure.

Business Risk and Verification Perspective

Despite its success in 2024, DABACO GROUP operates in a highly cyclical industry, exposed to feed input price fluctuations, disease risks in livestock, and shifting consumer trends. As the group expands its footprint, particularly in real estate and processing, risk management becomes even more critical.

For suppliers, investors, and trade partners, verifying the financial stability and corporate standing of DABACO is essential. Vanguard Business Information (VBI) offers dedicated Business Verification Services and Financial Risk Management tools, allowing stakeholders to assess solvency, capital efficiency, and long-term viability with precision.

Conclusion

DABACO GROUP has proven its resilience with a major profit rebound and continued asset growth in 2024. As Vietnam’s food and agribusiness market grows more complex and competitive, DABACO’s integrated model and strategic diversification could continue to drive its leadership—so long as stakeholders remain vigilant and informed.

Legal Profile

English Name:

DABACO GROUP

Vietnamese Name:

CÔNG TY CỔ PHẦN TẬP ĐOÀN DABACO VIỆT NAM

Short Name:

DABACO

Business ID (TIN):

2300105790

Date of Registration:

23 Dec 2004

Registered Office:

Bac Ninh Province Department of Finance

Ticker:

DBC

Ownership Status:

Publicly held

Operation Status:

Active

Contacts

Key Decision Makers:

+ NGUYEN N.S

+ NGUYEN K.T

+ DO V.Q

+ LE M.T

+ LE T.M.T

+ NGUYEN T.T

+ NGUYEN T.T.H

+ PHAM V.H

+ HOANG V.C

+ NGUYEN V.T

Address:

No. 35, Ly Thai To Street, Bac Ninh Province, Vietnam

Phone:

84-222 / 3895 111 / 3826 077

Branch:

No. 22, Hamlet 4, Road No. 18, Binh Hung Commune, Ho Chi Minh City, Vietnam

Factory Address:

Khac Niem Industrial Cluster, Hap Linh Ward, Bac Ninh Province, Vietnam

Branch:

Khac Niem Industrial Cluster, Hap Linh Ward, Bac Ninh Province, Vietnam

Factory Address:

Khac Niem Industrial Cluster, Hap Linh Ward, Bac Ninh Province, Vietnam

Branch:

Khac Niem Industrial Cluster, Hap Linh Ward, Bac Ninh Province, Vietnam

Business Sector

Key business lines:

VSIC:

1080 Manufacture of feeds for cattle, poultry and aquatic animals

NACE:

10.91 Manufacture of prepared animal feeds

NAICS:

31111 Animal Food Manufacturing

Industry Sales Growth

CAGR (2019 - 2023)

5.81%

YoY (2023)

0.24%

Companies by industry

Company distribution and propportions

2,761

0.0950%

Key Industry Players

Top 10 companies in manufacture of feeds for cattle, poultry and aquatic animals industry

cargill vietnam company limited uni-president vietnam co., ltd dabaco group japfa comfeed vietnam limited company cj vina agri co., ltd. de heus llc greenfeed viet nam corporation c.p. vietnam corporation emivest feedmill vietnam company limited sheng long bio - tech international co., ltd

Payment History

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Financial Performance

Assets	2.95%
Owner’s Equity	13.17%
Working Capital	89.51%
Net Worth	26.88%
Sales	75.44%
Operating income	-36.99%
EBIT	-37.13%
Gross Profit Margin	52.08%
Debt to EBITDA	26.93%

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Negative Payment Records

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Opinion from Analysts

Specific Questions About DABACO GROUP

When did DABACO GROUP start operating?

DABACO GROUP was started in 23 Dec 2004

What industry does DABACO GROUP operate in?

DABACO GROUP is operating in "Manufacture of feeds for cattle, poultry and aquatic animals" industry

How can I contact DABACO GROUP?

DABACO GROUP phone numbers is 84-222 / 3895 111 / 3826 077

What adverse news is there about DABACO GROUP?

DABACO GROUP’s has 3 bad news

What is stock symbol of DABACO GROUP?

DABACO GROUP’s stock symbol is DBC

Where is the location of DABACO GROUP?

DABACO GROUP is located at No. 35, Ly Thai To Street, Bac Ninh Province, Vietnam

What is DABACO GROUP’s business registration?

DABACO GROUP business registration is 2300105790

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