DALAT HASFARM COMPANY LIMITED

Dalat Hasfarm Company Limited: Vietnam’s Premier Floriculture Exporter

Established in 1994, Dalat Hasfarm Company Limited is one of Vietnam's most reputable horticultural enterprises. Headquartered in Da Lat City, Lam Dong Province—renowned for its ideal climate for growing flowers—the company has become a leading name in producing, cultivating, and exporting flowers, bonsai, and horticultural products. As a one-member limited liability company with 100% foreign ownership, Dalat Hasfarm has benefited from professional international management and long-term investment, contributing to its strong presence in the domestic and global markets.

Leadership and Ownership

Mr. Adrianus Anthonius Maria Gordijn, a Dutch national who is serving as General Director, currently leads the company. Dalat Hasfarm is owned by Hasfarm Holdings Limited, based in the British Virgin Islands. This foreign direct investment (FDI) structure has allowed the company to maintain high-quality standards, innovation, and corporate governance. With over 4,000 employees, Dalat Hasfarm is a major employer in Vietnam’s agricultural sector.

Financial Performance

As of the end of 2023, Dalat Hasfarm reported strong financial results. Annual sales reached USD 110.75 million, reflecting a 2.75% increase compared to the previous year. Net profit also rose significantly, with a 10.31% year-over-year increase, amounting to USD 20.53 million. The company’s total assets were USD 91.4 million, while equity was USD 80.6 million. These figures demonstrate the company's stable financial foundation, consistent growth, and solid return on investment.

Business Operations

Dalat Hasfarm’s core business is planting, propagating, processing, and trading flowers, potted plants, young plants, and other horticultural products. The company also cares for seedlings for annual and perennial plants, processes, and preserves fruits and vegetables. Additionally, it is involved in wholesale distribution, packaging services, warehousing, and business support activities such as consultancy and logistics. This diversification of services has helped Dalat Hasfarm build a vertically integrated supply chain that ensures quality control from farm to customer.

Branch Network and Market Reach

Dalat Hasfarm has established regional branches in Ho Chi Minh City, Hanoi, and Can Tho to ensure efficient distribution and logistics across Vietnam. These offices support the company’s export activities and help facilitate the delivery of fresh flowers and plants across the country and beyond. With a focus on high-end markets, Dalat Hasfarm exports to several international destinations, maintaining a reputation for quality and innovation in floriculture.

Verified by Vanguard Business Information (VNBIS)

Vanguard Business Information LLC (VNBIS), a trusted provider of business intelligence and risk analysis services in Vietnam and globally, verified the corporate and financial details presented in this profile. VBI offers reliable, accurate, and up-to-date reports on Vietnamese companies, helping clients minimize business risks and make informed decisions. More information is available at www.vnbis.com.