GAIN LUCKY (VIET NAM) LIMITED (CÔNG TY TNHH GAIN LUCKY (VIỆT NAM)): A GENERAL ANALYSIS BY VANGUARD BUSINESS INFORMATION (VBI)
GAIN LUCKY (VIET NAM) LIMITED is a major foreign direct investment (FDI) enterprise in Vietnam’s textile and garment industry, specializing in the manufacturing of knitted fabrics, crocheted textiles, and garment accessories. Established on June 28, 2013, the company operates as a one-member limited liability company, fully owned by GAIN LUCKY LIMITED, which is registered in the British Virgin Islands. The company’s production facilities are located at Lot No. 40-6, Road N14, Phuoc Dong Industrial Park, Phuoc Dong Commune, Go Dau District, Tay Ninh Province, Vietnam. Its Business ID (TIN) is 3901166775.
Financial Performance and Market Position
As of 2023, GAIN LUCKY (VIET NAM) LIMITED reported total assets of USD 963.78 million, an increase of 3.79%from the previous year. Total sales reached USD 955.55 million, reflecting a 5.47% decline, which may indicate shifts in market demand or production adjustments. Despite the drop in sales, the company’s profitability increased by 13.82% to USD 177.83 million, showing strong operational efficiency and cost control measures.
The company’s equity rose by 10.07% to USD 237.27 million, reinforcing financial stability and investment capacity. With a workforce of 20,000 employees, GAIN LUCKY (VIET NAM) LIMITED is a key employer in Vietnam’s textile sector, supporting both domestic and international supply chains.
Key Strengths of the Company
- Strong Ownership and Capital Structure – As part of the GAIN LUCKY LIMITED global network, the company benefits from stable investment and access to international markets.
- Profit Growth Despite Sales Decline – A 13.82% increase in profit, despite lower revenue, reflects effective cost management and production efficiency.
- Major Textile Manufacturing Hub – The company’s location in Tay Ninh Province provides access to skilled labor and proximity to key export routes.
- Diversified Business Activities – In addition to knitted fabric production, the company is involved in spinning textile fibers, textile finishing, and manufacturing garments, reducing dependency on a single revenue source.
Challenges and Market Risks
- Sales Decline – The 5.47% drop in total sales indicates possible demand fluctuations or competition pressuresin the textile industry.
- Market Competition – Vietnam’s textile sector is highly competitive, with numerous domestic and foreign players vying for market share.
- Global Trade Factors – Changes in tariffs, import/export policies, and supply chain disruptions can affect operational costs and profitability.
- Raw Material Costs – Volatility in cotton, synthetic fiber, and fabric prices may impact the company’s production expenses and profit margins.
The Role of General Company Reports in Business Decision-Making
A company’s financial and operational insights are essential for investors, suppliers, and industry stakeholders. Access to detailed reports enables better decision-making by providing a clearer picture of financial stability, industry risks, and market position.
VBI’s Contribution to Business Transparency
VANGUARD BUSINESS INFORMATION (VBI) provides general company reports that highlight financial trends, industry performance, and market risks, helping businesses and investors evaluate potential partnerships, mitigate risks, and explore new opportunities. For companies like GAIN LUCKY (VIET NAM) LIMITED, understanding profitability trends, sales fluctuations, and capital structure is critical for long-term business strategies and operational resilience.