DAI THANH SEAFOODS

DAI THANH SEAFOODS is a long-established seafood processing enterprise in Vietnam’s Mekong Delta, operating under the Vietnamese name CÔNG TY TRÁCH NHIỆM HỮU HẠN ĐẠI THÀNH (short name DATHACO). The company was founded in September 2006 and has maintained continuous operations for over 19 years, with its tax code (Business ID/TIN) registered as 1200631935. Its head office is located at Dong Hoa Hamlet, Kim Son Commune, Dong Thap Province, Vietnam, an area closely associated with pangasius farming and export-oriented aquaculture.

DAI THANH SEAFOODS specializes in the processing and preserving of fisheries and fishery products, with a core focus on farming and processing frozen pangasius fillets for export. Over time, the company has built an integrated operating model that spans aquaculture, processing, cold storage, logistics, and domestic and export trading. This vertical structure allows the company to control input quality and manage supply-chain risks more effectively, a critical factor in Vietnam’s highly regulated seafood export markets.

From a financial perspective, the company operates at a meaningful scale, though earnings are volatile, tied to global seafood demand and pricing cycles. In FY2023, total assets stood at approximately USD 82.5 million, while net sales reached USD 87.8 million, down from the firm's peak recorded in 2022. Profit after tax declined sharply to around USD 0.38 million, reflecting margin pressure despite stable asset levels and owner’s equity of nearly USD 47.9 million. Working capital remained positive, supporting ongoing operations and export commitments.

In terms of governance, the company is led by Chairman cum Director Ha V. T., who plays a central role in strategic and operational decision-making, supported by Chief Accountant Dinh T. K. D. Ownership is held entirely by Vietnamese shareholders, with a diversified structure rather than a single dominant owner. With a workforce of approximately 2,000 employees, DAI THANH SEAFOODS stands out as a sizeable regional employer and a notable participant in Vietnam’s pangasius export industry—relevant for counterparties assessing supplier stability, export capacity, and long-term operational resilience.