DONG NAI POWER COMPANY LIMITED (CÔNG TY TNHH MỘT THÀNH VIÊN ĐIỆN LỰC ĐỒNG NAI) is a key player in Vietnam’s electricity transmission and distribution sector. Established on July 5, 2007, the company operates as a one-member limited liability company and is headquartered in Bien Hoa City, Dong Nai Province. With over 17 years of experience, the company is responsible for providing reliable and efficient power supply to businesses and households in Dong Nai Province and surrounding areas.

Financial Performance & Growth

DONG NAI POWER COMPANY LIMITED recorded total assets of $249.34 million in 2023, marking a 15.46% increase from the previous year. Revenue reached $1.14 billion, growing 1.73% year-over-year, while profit increased by 48.36% to $1.03 million. Despite its modest profit margins, the company's steady asset and equity growth indicate financial stability.

Management & Operations

The company is led by General Director Mr. Nguyen Ngoc Thanh, supported by Deputy General Directors Mr. Do Huu Hoang and Mr. Ho Minh Quang. With a workforce of 2,500 employees, the company plays a crucial role in Vietnam’s power infrastructure. It operates multiple branches across Dong Nai Province, ensuring efficient electricity distribution and network management.

Core Business Activities

DONG NAI POWER COMPANY LIMITED specializes in:

• Electricity transmission and distribution
• Grid infrastructure management
• Maintenance of electrical systems and substations

As part of Vietnam’s power grid, the company ensures uninterrupted electricity supply, supporting industrial growth and economic development in Dong Nai Province.

Industry Position & Market Outlook

As Vietnam’s energy demand continues to rise, DONG NAI POWER COMPANY LIMITED is well-positioned to expand its operations. The company benefits from its strategic location in Dong Nai, one of Vietnam’s fastest-growing industrial hubs. However, as the energy sector undergoes modernization and regulatory changes, businesses engaging with DONG NAI POWER COMPANY LIMITED may require in-depth financial analysis and risk assessment.

For detailed business insights and financial evaluations, VANGUARD BUSINESS INFORMATION LLC (VBI)provides comprehensive company credit reports to support investment and partnership decisions.