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FAR EASTERN POLYTEX (VIET NAM) LIMITED
Active
Business ID 3702376432
84-274 / 2221 888
Risk Score
FAR EASTERN POLYTEX (VIET NAM) LIMITED
Active
Business ID 3702376432
84-274 / 2221 888
Risk Score
FAR EASTERN POLYTEX (VIET NAM) LIMITED
Active
Summary
FAR EASTERN POLYTEX (VIET NAM) LIMITED
3702376432
23 Jun 2015
Ho Chi Minh Department of Finance
Lot B_5B_CN, Road DC, Bau Bang Industrial Park, Bau Bang Commune, Ho Chi Minh City, Vietnam
84-274 / 2221 888
2019, 2020, 2021, 2022, 2023

FAR EASTERN POLYTEX (VIET NAM) LIMITED (CÔNG TY TNHH POLYTEX FAR EASTERN VIỆT NAM)is a leading manufacturer in Vietnam’s textile and plastics industry, specializing in spinning textile fibers, producing PET plastic beads, and fabric processing. Established on June 23, 2015, the company operates as a one-member limited liability company and is fully owned by Far Eastern Investment (Holding) Limited, Bermuda. Registered under Business ID 3702376432FAR EASTERN POLYTEX (VIET NAM) LIMITED is headquartered at Lot B_5B_CN, Road DC, Bau Bang Industrial Park, Lai Uyen Town, Bau Bang District, Binh Duong Province, Vietnam. With a workforce of 2,500 employees, the company has built a strong manufacturing presence in the region.

In 2023FAR EASTERN POLYTEX (VIET NAM) LIMITED reported total assets of USD 947.53 million, slightly decreasing by 0.76% year-over-year. Despite this, equity increased by 3.17%, reaching USD 466.79 million, while total sales stood at USD 593.54 million, marking a 9.6% decline from the previous year. The company faced a significant drop in profitability, reporting only USD 1.18 million, a 94.31% decrease compared to 2022.

The company is led by Yeh, who serves as the General Director. With extensive industry experience, Yeh has overseen FAR EASTERN POLYTEX (VIET NAM) LIMITED’s growth into a key player in Vietnam’s textile and plastic materials sector.

Beyond textile fiber spinning, FAR EASTERN POLYTEX (VIET NAM) LIMITED engages in manufacturing plastics and synthetic rubber, textile finishing, and materials recovery. The company operates a factory in Bau Bang Industrial Park (Expansion) in Binh Duong Province and a representative office in Ho Chi Minh City.

VANGUARD BUSINESS INFORMATION LLC (VBI), a top provider of business intelligence, financial analysis, and risk assessment, recognizes FAR EASTERN POLYTEX (VIET NAM) LIMITED as a major industry player with significant assets and market influence. Despite profit challenges, the company's strong equity and production capacity position it for long-term sustainability in Vietnam’s growing textile and plastics industry.

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Contacts
YEH, M
Lot B_5B_CN, Road DC, Bau Bang Industrial Park, Bau Bang Commune, Ho Chi Minh City, Vietnam
84-274 / 2221 888
12th Floor, No. 1060, Nguyen Van Linh Street, Tan Hung Ward, Ho Chi Minh City, Vietnam
Lot C_1,2,3, Phase 1, Bau Bang Industrial Park (Expansion), Lai Uyen Town, Bau Bang District, Binh Duong Province, Vietnam
Business Sector
13.10 Preparation and spinning of textile fibres
Industry Sales Growth
icon-cagr-down

2.75%

icon-yoy-up

-7.45%

Companies by industry
icon-number

1,254

icon-per

0.0432%

Key Industry Players
Payment History
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Financial Performance
Assets -93.10%
Owner’s Equity -41.18%
Working Capital 60.12%
Net Worth -14.10%
Sales -45.49%
Operating income -55.67%
EBIT 0.91%
Gross Profit Margin 9.83%
Debt to EBITDA -29.03%
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Specific Questions About FAR EASTERN POLYTEX (VIET NAM) LIMITED
When did FAR EASTERN POLYTEX (VIET NAM) LIMITED start operating?
FAR EASTERN POLYTEX (VIET NAM) LIMITED was started in 23 Jun 2015
What industry does FAR EASTERN POLYTEX (VIET NAM) LIMITED operate in?
FAR EASTERN POLYTEX (VIET NAM) LIMITED is operating in "Spinning of textile fibres" industry
How can I contact FAR EASTERN POLYTEX (VIET NAM) LIMITED?
FAR EASTERN POLYTEX (VIET NAM) LIMITED phone numbers is 84-274 / 2221 888
What adverse news is there about FAR EASTERN POLYTEX (VIET NAM) LIMITED?
FAR EASTERN POLYTEX (VIET NAM) LIMITED’s has no negative news
What is stock symbol of FAR EASTERN POLYTEX (VIET NAM) LIMITED?
FAR EASTERN POLYTEX (VIET NAM) LIMITED is not listed company
Where is the location of FAR EASTERN POLYTEX (VIET NAM) LIMITED?
FAR EASTERN POLYTEX (VIET NAM) LIMITED is located at Lot B_5B_CN, Road DC, Bau Bang Industrial Park, Bau Bang Commune, Ho Chi Minh City, Vietnam
What is FAR EASTERN POLYTEX (VIET NAM) LIMITED’s business registration?
FAR EASTERN POLYTEX (VIET NAM) LIMITED business registration is 3702376432
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