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DUCTUONG GROUP JOINT STOCK COMPANY

Active

Business ID 1701884951

84-297 / 3999890 / +84 913 112 366 / +84 903 845 299

DUCTUONG GROUP JOINT STOCK COMPANY

Active

Business ID 1701884951

84-297 / 3999890 / +84 913 112 366 / +84 903 845 299

DUCTUONG GROUP JOINT STOCK COMPANY

Active

Summary

Name:

DUCTUONG GROUP JOINT STOCK COMPANY

Business ID (TIN):

1701884951

Date of Registration:

24 Oct 2012

Registered Office:

Kien Giang Province Department of Planning and Investment

Address:

No. 59, Nguyen Van Cu Street, Quarter 3, An Thoi Town, Phu Quoc City, Kien Giang Province, Vietnam

Phone:

84-297 / 3999890 / +84 913 112 366 / +84 903 845 299

Financial Statement:

2020, 2021, 2022, 2023, 2024

DUCTUONG GROUP JOINT STOCK COMPANY (DUCTUONG GROUP), founded on October 24, 2012, is a reputable Vietnamese enterprise based at No. 59 Nguyen Van Cu Street, An Thoi Ward, Phu Quoc City, Kien Giang Province. Registered under Business ID: 1701884951, the company operates as a privately held joint-stock entity with charter capital of USD 12.32 million and a team of around 150 employees.

Leadership and Structure

The company is led by Chairwoman cum General Director Nguyen T. Q., who has been instrumental in shaping DUCTUONG’s growth strategy. The ownership is fully domestic, with Mr. Nguyen D. T. holding 50%, Mr. Nguyen D. K. owning 35%, and Ms. Phan T. H. controlling 15%.

Main Business Operations

DUCTUONG GROUP specializes in the wholesale of electrical machinery and industrial equipment, including electric cables, transformers, lighting systems, and plastic pipes. The company also engages in construction materials trading, freight transport, and installation services, expanding its business footprint across Vietnam. With branches in Ho Chi Minh City and Da Nang, DUCTUONG maintains a wide operational presence serving both industrial and infrastructure clients.

Key Financial Highlights

As of December 31, 2023, the company reported:

Total Assets: USD 60.52 million (↑ 6.83% YoY)
Owner’s Equity: USD 24.11 million (↑ 2.57%)
Sales Revenue: USD 107.19 million (↓ 5.88%)
Net Profit: USD 602,939, slightly down 5.5% from 2022
Working Capital: USD 20.37 million, reflecting strong liquidity

The most significant financial takeaway is DUCTUONG’s ability to sustain profitability and maintain a strong capital structure, even amid a slowdown in the industrial trading sector. This performance underlines financial discipline, low leverage, and efficient management of assets.

Outlook and Credit Perspective

Over its 13 years of operation, DUCTUONG GROUP has built a solid reputation as a dependable supplier in Vietnam’s electrical and construction markets. The company’s steady asset growth and stable equity base suggest a low-to-moderate credit risk profile, suitable for long-term partnerships and trade credit arrangements.

For businesses seeking to assess the financial health or verify the reliability of DUCTUONG GROUP JOINT STOCK COMPANY, detailed Company Financial Reports and Credit Risk Analyses are available from VNBIS (https://www.vnbis.com) — a trusted provider of business intelligence and risk management solutions helping clients minimize risks and maximize opportunities in the Vietnamese market.

Legal Profile

English Name:

DUCTUONG GROUP JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN TẬP ĐOÀN ĐỨC TƯỜNG

Short Name:

DUCTUONG GROUP

Business ID (TIN):

1701884951

Date of Registration:

24 Oct 2012

Registered Office:

Kien Giang Province Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ NGUYEN D.T

+ NGUYEN T.Q

Address:

No. 59, Nguyen Van Cu Street, Quarter 3, An Thoi Town, Phu Quoc City, Kien Giang Province, Vietnam

Phone:

84-297 / 3999890 / +84 913 112 366 / +84 903 845 299

Branch:

No. 382, Nguyen Huu Tho Street, Khue Trung Ward, Cam Le District, Da Nang City, Vietnam

Branch:

7th Floor, Coma Building, No. 125D, Minh Khai Street, Minh Khai Ward, Hai Ba Trung District, Ha Noi City, Vietnam

Head Office:

No. 59, Nguyen Van Cu Street, Quarter 3, An Thoi Ward, Phu Quoc City, Kien Giang Province, Vietnam

Representative office:

No. 749/7A, Huynh Tan Phat Street, Phu Thuan Ward, District 7, Ho Chi Minh City, Vietnam

Branch:

No. 480B, Nguyen Thi Thap Street, Tan Quy Ward, District 7, Ho Chi Minh City, Vietnam

Branch:

Lot 411-415, Division B2-22, Nam Cau Cam Le Residential Area, Hoa Chau Commune, Hoa Vang District, Da Nang City, Vietnam

Branch:

Lot No. 6, Road No. 2, Giang Dien Industrial Park, Giang Dien Commune, Trang Bom District, Dong Nai Province, Vietnam

Business Sector

Key business lines:

VSIC:

2591 Forging, pressing, stamping and roll-forming of metal; powder metallurgy

NACE:

25.50 Forging, pressing, stampingand roll-forming of metal; powder metallurgy

NAICS:

3321 Forging and Stamping

Industry Sales Growth

CAGR (2019 - 2023)

0.20%

YoY (2023)

-6.75%

Companies by industry

Company distribution and propportions

1,128

0.0388%

Key Industry Players

Top 10 companies in forging, pressing, stamping and roll-forming of metal; powder metallurgy industry

vinausteel company limited hoa phat mechanism manufacturing co.,ltd saigon steel service & processing co., ltd thanh huyen produce service trading one member company limited nam hung metal joint stock company vietnam gem electronic and metal co., ltd hiep huong co.ltd (translated name) an khanh steel company limited - dong nai branch viet nam chuangxing aluminium company limited cuong phat dst steel company limited

Payment History

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Financial Performance

Assets	62.76%
Owner’s Equity	33.20%
Working Capital	-82.51%
Net Worth	-65.75%
Sales	-57.21%
Operating income	31.11%
EBIT	41.34%
Gross Profit Margin	20.65%
Debt to EBITDA	-98.84%

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Opinion from Analysts

Specific Questions About DUCTUONG GROUP JOINT STOCK COMPANY

When did DUCTUONG GROUP JSC start operating?

DUCTUONG GROUP JSC was started in 24 Oct 2012

What industry does DUCTUONG GROUP JSC operate in?

DUCTUONG GROUP JSC is operating in "Forging, pressing, stamping and roll-forming of metal; powder metallurgy" industry

How can I contact DUCTUONG GROUP JSC?

DUCTUONG GROUP JSC phone numbers is 84-297 / 3999890 / +84 913 112 366 / +84 903 845 299

What adverse news is there about DUCTUONG GROUP JSC?

DUCTUONG GROUP JSC’s has no negative news

What is stock symbol of DUCTUONG GROUP JSC?

DUCTUONG GROUP JSC is not listed company

Where is the location of DUCTUONG GROUP JSC?

DUCTUONG GROUP JSC is located at No. 59, Nguyen Van Cu Street, Quarter 3, An Thoi Town, Phu Quoc City, Kien Giang Province, Vietnam

What is DUCTUONG GROUP JSC’s business registration?

DUCTUONG GROUP JSC business registration is 1701884951

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DUCTUONG GROUP JOINT STOCK COMPANY