HAI DUONG – RURAL DEVELOPMENT & DIKE STONE CONSTRUCTION JOINT STOCK COMPANY

HAI DUONG – RURAL DEVELOPMENT & DIKE STONE CONSTRUCTION JOINT STOCK COMPANY(Công ty Cổ phần Xây dựng Đê Kè và Phát triển Nông thôn Hải Dương) is a long-established local contractor specializing in hydraulic and infrastructure works in northern Vietnam. The company was incorporated in October 2004 and is headquartered in Hai Duong City, with over 21 years of continuous operations.

Legal status: the company is an active joint stock company, registered with the Hai Duong Department of Planning and Investment, operating under Business ID 0800000584. Its charter and paid-up capital are fully contributed, reflecting a stable legal and ownership structure.

Operationally, the company focuses on the construction of hydraulic structures, dike systems, rural infrastructure, and related civil works. Its registered activities also cover quarrying, construction materials trading, road and railway construction, and specialized engineering services, allowing it to participate in a wide range of public and infrastructure projects.

From a financial perspective, the company showed strong growth in 2023. Total assets reached approximately USD 78.95 million, while sales increased to USD 83.95 million. Profitability remained positive, with net profit exceeding USD 0.5 million, supported by steady demand for infrastructure and water-related construction works. Equity and net worth both improved year-on-year, though the capital base remains relatively modest compared with total assets.

In terms of governance, the board is chaired by Tran V. C., representing continuity in leadership. The shareholder structure is highly dispersed, with more than 90% held by other minor shareholders, indicating the absence of a single dominant private owner.

Overall, HAI DUONG – RURAL DEVELOPMENT & DIKE STONE CONSTRUCTION JOINT STOCK COMPANY is a legally active, locally rooted infrastructure contractor with consistent profitability and a clear focus on hydraulic and rural development projects, positioning it as a stable participant in Vietnam’s public construction sector.