GREENFEED VIET NAM CORPORATION

GREENFEED VIET NAM CORPORATION (CÔNG TY CỔ PHẦN GREENFEED VIỆT NAM)

GREENFEED VIET NAM CORPORATION is a leading agribusiness company in Vietnam, specializing in animal feed production, breeding, and food processing. The company, established on May 30, 2008, is a joint-stock company (JSC), legally registered under Business ID: 1100598642. Its Tax Code (TIN) is 1100598642, and the business is registered with the Long An Province Department of Planning and Investment.

Headquartered in Nhut Chanh Commune, Ben Luc District, Long An Province, Vietnam, the company operates multiple branches across Vietnam, including locations in Hung Yen, Dong Nai, and Binh Dinh. GREENFEED VIET NAM CORPORATION is partially foreign-owned, with Oriental Ford Holding Limited (China) holding 63.02% of shares and Greenfeed (Thailand) Co., Ltd. holding 3.4%.

Key Personnel

The company’s executive team includes:

• Chairman cum General Director: Mr. LY ANH DUNG (Vietnamese)
• Deputy Chairman: Mr. DO CAO BANG (Vietnamese)

Both executives have extensive experience in agriculture, livestock feed production, and food processing, contributing to the company’s expansion and profitability.

Financial Performance and Risk Management

As of December 31, 2023, GREENFEED VIET NAM CORPORATION reported the following financial data:

• Total Assets: USD 346.87 million (YoY growth of 1.74%)
• Owner’s Equity: USD 155.4 million (YoY growth of 31.94%)
• Total Sales Revenue: USD 757.28 million (YoY growth of 0.52%)
• Net Profit: USD 40.26 million (YoY growth of 8.09%)
• Net Worth: USD 153.81 million

While sales revenue growth has slowed, profitability and equity have significantly improved, showing strong financial health. However, VANGUARD BUSINESS INFORMATION LLC (VBI), a leading private financial data supplier, identifies working capital risks due to rising operational costs and market fluctuations in the animal feed and agribusiness sector.

Business Activities and Market Position

GREENFEED VIET NAM CORPORATION engages in multiple agribusiness activities, including:

• Manufacturing animal feed for cattle, poultry, and aquatic species
• Breeding and farming operations
• Food processing and meat preservation
• Wholesale trade of agricultural products and livestock
• Warehousing and logistics services

Given its diversified operations and strong presence in Vietnam’s agricultural industry, VBI’s company report categorizes GREENFEED VIET NAM CORPORATION as a highly competitive enterprise with strong growth potential but inherent risks in raw material costs and market demand volatility.

To maintain sustainable growth, risk management strategies, such as cost control, operational efficiency, and market diversification, will be crucial. VBI continues to provide comprehensive business intelligence to assist investors and stakeholders in evaluating financial health, market trends, and risk factors associated with GREENFEED VIET NAM CORPORATION.