Summary
DONG BAC CORPORATION (TỔNG CÔNG TY ĐÔNG BẮC) is a state-owned enterprise in Vietnam specializing in coal mining, mineral extraction, and energy-related industries. Established on October 6, 2010, the company operates as a one-member limited liability company under Business ID 5700101468. It is headquartered in Group 3, Zone 8, Hong Hai Ward, Ha Long City, Quang Ninh Province, Vietnam, a region known for its rich coal reserves and extensive mining operations.
Key Personnel and Operations
DONG BAC CORPORATION is led by Mr. Nguyen Danh Hieu, who serves as Chairman. The company employs approximately 9,600 people and operates multiple branches across Quang Ninh Province, including facilities in Cam Pha City.
Financial Performance
As of December 31, 2023, DONG BAC CORPORATION reported:
- Total assets: USD 531.17 million (26.9% increase from 2022)
- Total sales: USD 1.43 billion (24.35% increase from 2022)
- Net profit: USD 20.59 million (19.87% increase from 2022)
- Owner’s equity: USD 69.64 million (5.41% decrease from 2022)
- Working capital: USD -10.62 million, reflecting high operational costs
Despite a decline in owner’s equity, DONG BAC CORPORATION saw strong revenue growth, indicating increased coal production and higher demand for its products.
Core Business Activities
DONG BAC CORPORATION is heavily involved in:
- Mining, producing, and trading coal
- Extraction of iron ores and other minerals
- Quarrying of stone, sand, and clay for construction
- Wholesale of construction materials and metals
- Manufacturing of cement, lime, and other mineral products
- Sea and coastal freight and passenger transportation
- Silviculture and forestry support services
Business Verification and Credit Reports
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Legal Profile
Contacts
+ NGUYEN D.H
+ PHUONG K.M
+ NGUYEN V.B
+ TRUONG V.D
+ NGUYEN B.A
+ DO M.K
+ LUU X.N
Related Entity
Business Sector
4.57%
9.38%
726
0.0253%
Key Industry Players
Payment History
Financial Performance
| Assets | -57.61% |
| Owner’s Equity | 60.01% |
| Working Capital | -91.59% |
| Net Worth | -81.67% |
| Sales | -69.60% |
| Operating income | 17.45% |
| EBIT | 58.58% |
| Gross Profit Margin | 57.90% |
| Debt to EBITDA | -64.19% |
Company Reports
Company Profile Report
Legal Profile
Contact and Location
Legal Representative
Shareholders
Business Operation
Assets
Owner's Equity
Sales
Profit
Company Standard Report
Legal Profile
Business Locations
Legal Representative
EBT
EBITDA
Working Capital
Tangible Net Worth
Financial Ratios
Balance Sheet
Profit and Loss Statement
Cash Flow Statement
Comprehensive Report
Report Summary
Legal Profile
Historical Information
Business Locations
Subsidiary and Affiliated Company
Management and Directors
Shareholders
Business Operation
Suppliers
Buyers
Credit Limit
Industry Information
Key Industry Players
Competitors
Negative Payment Records
Banking Information
Litigation Records; Negative News
Financial Ratios
Balance Sheet
Profit and Loss Statement
Cash Flow Statement
Opinion from Analysts
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