DONG NAI RUBBER CORPORATION

DONG NAI RUBBER CORPORATION (CÔNG TY TNHH MỘT THÀNH VIÊN TỔNG CÔNG TY CAO SU ĐỒNG NAI), also known as DONARUCO, is a major state-owned enterprise operating in Vietnam’s natural rubber industry. Established on 29 May 2009 and headquartered in Dong Nai Province, the corporation has more than 16 years of operation and plays an important role in rubber plantation, processing, and trading activities.

The company operates as a one-member limited liability company fully owned by VIET NAM RUBBER GROUP – JOINT STOCK COMPANY. With a charter capital exceeding USD 124 million and nearly 4,000 employees, DONG NAI RUBBER CORPORATION maintains a large operational scale across multiple provinces, including Dong Nai, Ho Chi Minh City, and Lam Dong.

Financially, the corporation shows steady and stable growth. Total assets reached approximately USD 214.67 million, while owner’s equity stood at over USD 131.8 million. Revenue increased to USD 76.22 million, reflecting double-digit growth compared to the previous year. Profit improved significantly to USD 16.55 million, demonstrating enhanced operational efficiency amid fluctuating global rubber prices.

Over the past three years, the company has maintained positive asset growth and continuously strengthened its equity base. Profit growth accelerated notably, highlighting improved margins and better market conditions in 2024. Working capital also improved sharply, indicating healthier liquidity management.

As a key subsidiary within the Vietnam Rubber Group ecosystem, DONG NAI RUBBER CORPORATION remains strategically positioned in upstream natural rubber production while also expanding into processing and related industrial activities. Its long-established plantation base, state backing, and improving financial indicators reinforce its role as a stable and significant player in Vietnam’s rubber sector.