ELITE TECHNOLOGY JOINT STOCK COMPANY

ELITE TECHNOLOGY JOINT STOCK COMPANY, locally known as Công Ty Cổ Phần Công Nghệ ELITE, is a long-standing name in Vietnam’s ICT (Information and Communications Technology) industry. It provides comprehensive solutions across hardware, software, and services. Established on June 29, 2005, the company is headquartered at No. 289/1, Ung Van Khiem Street, Ward 25, Binh Thanh District, Ho Chi Minh City, with operational branches in Da Nang, Hanoi, and other parts of Ho Chi Minh City.

Registered under tax code 0303853575, ELITE TECHNOLOGY is a privately held joint stock company. The majority shareholder and Chairwoman, Ms. Tran Hoai Phuong Chi, owns 93% of the business and leads the company alongside Director Mr. Pham Trung Kien, who also holds a 5% stake. Together, they oversee a professional team of over 260 employees, managing operations in technology distribution, software publishing, retail, and technical services.

ELITE TECHNOLOGY’s primary business activity is the wholesale distribution of computers, peripherals, and software, serving a wide range of corporate clients and retailers. It is licensed to provide IT support services, furniture manufacturing, property leasing, and even construction-related material distribution—demonstrating a versatile and adaptive business model.

Financially, the company reported USD 117.9 million in revenue for 2023, a 12.5% decline from the previous year. Despite the dip in sales, it maintained profitability with USD 1.19 million in net income, though this was down 42.5% year-over-year. Total assets stood at USD 33.09 million, and equity closed the year at USD 7.61 million, showing moderate financial stability. Working capital remained positive at USD 7.28 million, indicating sufficient liquidity for operational continuity.

While 2023 marked a slowdown after earlier years of growth, ELITE TECHNOLOGY remains well-positioned in Vietnam’s digital economy. As the country invests in infrastructure, smart cities, and digital transformation, demand for trusted IT solution providers like ELITE will continue to grow. Its long history, vast distribution network, and solid leadership position make it a valuable partner for domestic and international technology vendors.

Detailed credit insights and due diligence are critical for enterprises, suppliers, or investment partners evaluating opportunities in Vietnam’s tech sector. Services from VANGUARD BUSINESS INFORMATION LLC (VNBIS) help uncover financial trends, ownership transparency, and operational health—supporting secure business engagements with established players like ELITE TECHNOLOGY JSC.