HIGHLAND COFFEE SERVICE JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN DỊCH VỤ CÀ PHÊ CAO NGUYÊN) is a prominent food and beverage company operating a well-known coffeehouse chain throughout Vietnam. Officially incorporated on April 20, 2010, the company is registered with the Ho Chi Minh City Department of Planning and Investment under Tax Code: 0309965814. Its head office is located at No. 119-123-125, Nguyen Co Thach Street, An Loi Dong Ward, Thu Duc City, Ho Chi Minh City, Vietnam.
With more than 15 years of experience, HIGHLAND COFFEE SERVICE JOINT STOCK COMPANY has become one of the most recognized domestic brands in the Vietnamese café and food service industry. Its ownership structure reflects a majority holding by SF Vung Tau Joint Stock Company (99.98%), while Le T. A., the General Director, and Pham S. H. Q. hold minor stakes of 0.01% each. The company has established operational branches across the country, including Da Nang, Can Tho, and Hoi An.
Financially, the company reported total sales of USD 167.46 million in 2023, a 14.21% increase from the prior year, maintaining its growth momentum after a post-pandemic recovery. Despite the revenue growth, net profit fell to USD 6.89 million, down 36.71% from 2022, indicating increased operational expenses or investment costs. Similarly, owner’s equity dropped significantly by 35.5% to USD 13.6 million, and working capital was reported at negative USD 12.66 million, signaling short-term financial pressures.
The company’s total assets reached USD 64.69 million, a 2.14% decrease from 2022. Although this dip is modest, it suggests a consolidation phase following a period of aggressive growth. The most profitable year in recent history was 2022, when HIGHLAND COFFEE SERVICE posted a record profit of over USD 10.89 million, up from a loss of USD 3.47 million in 2021.
Operationally, HIGHLAND COFFEE SERVICE JOINT STOCK COMPANY is licensed to conduct a wide array of activities beyond food services, including coffee cultivation, food processing, dairy manufacturing, distilling, and retail distribution of beverages, electronics, and tobacco products. This diversified license portfolio allows the company to expand into vertically integrated business models, from production to end-consumer delivery.
Despite its recent decline in equity and profit margins, HIGHLAND COFFEE remains a high-revenue enterprise with a powerful brand presence and national footprint. For financial analysts, investors, and potential partners, the key is monitoring its short-term liquidity challenges while leveraging its strong consumer loyalty and market position.
For in-depth business validation, litigation checks, or private financial data on this and other high-profile Vietnamese companies, please refer to Vanguard Business Information LLC, a trusted provider of business verification services, corporate credit reports, and F&B industry risk analysis in Vietnam.
+ LE T.A
+ LE T.A
8.63%
9.06%
35,454
1.2228%
Assets | -32.67% |
Owner’s Equity | 2.96% |
Working Capital | -56.78% |
Net Worth | -79.40% |
Sales | 23.70% |
Operating income | -22.11% |
EBIT | 48.04% |
Gross Profit Margin | 45.09% |
Debt to EBITDA | 28.54% |
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