HO CHI MINH CITY LOTTERY COMPANY LIMITED

HO CHI MINH CITY LOTTERY COMPANY LIMITED (CÔNG TY TNHH MỘT THÀNH VIÊN XỔ SỐ KIẾN THIẾT THÀNH PHỐ HỒ CHÍ MINH) is a major player in Vietnam’s lottery and gambling industry. As a state-owned enterprise, the company has played a crucial role in generating revenue for public welfare and infrastructure development. With steady financial performance and a robust management team, HO CHI MINH CITY LOTTERY COMPANY LIMITED continues to dominate the market.

Legal Status and Business Overview

Established on May 31, 2010, HO CHI MINH CITY LOTTERY COMPANY LIMITED is registered as a one-member limited liability company, wholly owned by Ho Chi Minh City Finance and Investment State-Owned Company. The company operates under Business ID 0300507182 and is headquartered at 77 Tran Nhan Ton, Ward 09, District 5, Ho Chi Minh City, Vietnam.

The company’s core business activities include:

• Lottery ticket issuance and sales
• Printing and manufacturing of lottery products
• Real estate development and leasing
• Wholesale trade of machinery, equipment, and recyclable materials
• Hospitality and food service operations

With a strong foothold in the gaming sector, the company has expanded its business into additional commercial ventures, further solidifying its market presence.

Key Personnel

The leadership team at HO CHI MINH CITY LOTTERY COMPANY LIMITED consists of experienced professionals who drive the company’s growth:

• Chairman: Mr. Nguyen Quoc Chien
• General Director: Mr. Do Quang Vinh
• Deputy General Director: Mr. Lam Ngoc Buu

This management team has ensured the company remains a leader in Vietnam’s lottery industry while maintaining transparency and efficiency.

Financial Performance and Growth

HO CHI MINH CITY LOTTERY COMPANY LIMITED has exhibited strong financial stability over the years. As of December 31, 2023, the company’s financial highlights include:

• Total Assets: USD 120.34 million (3.59% YoY growth)
• Total Sales: USD 437.34 million (10.06% YoY growth)
• Owner's Equity: USD 53.27 million (unchanged from previous years)
• Profit: USD 54.42 million (-2.14% YoY decline)
• Net Worth: USD 53.03 million

Despite a slight decline in profit, the company’s revenue continues to grow steadily, reinforcing its dominant position in the industry.

As one of Vietnam’s top lottery enterprises, HO CHI MINH CITY LOTTERY COMPANY LIMITED (CÔNG TY TNHH MỘT THÀNH VIÊN XỔ SỐ KIẾN THIẾT THÀNH PHỐ HỒ CHÍ MINH) remains committed to responsible gaming and economic contributions. With a solid financial foundation and an experienced leadership team, the company is well-positioned for future growth in both the lottery and commercial sectors.

For more information, visit their official website at www.xskthcm.com.