HONG HA NUTRITION JOINT STOCK COMPANY

HONG HA NUTRITION JOINT STOCK COMPANY (CÔNG TY CP DINH DƯỠNG HỒNG HÀ) has established itself as one of Vietnam’s key players in the animal feed and livestock industry. Founded on 3 December 2003, the company operates under Business ID 0700220547 with its headquarters in Dong Van Industrial Park, Bach Thuong Ward, Duy Tien Town, Ha Nam Province. With over 21 years of operations and a workforce of 760 employees, HONG HA focuses on producing feed for poultry, cattle, and aquatic animals, as well as distributing veterinary medicine and engaging in livestock farming.

The company is chaired and directed by Do D. T., who has overseen its steady growth and diversification into various agribusiness activities. Its shareholder structure is led by Sirius Environment Technology JSC (61.54%), with Do D. T.holding 34.62%, and Long Hai Group Corporation contributing 3.08%. This ownership mix ensures both operational expertise and strategic investment for the company’s long-term growth.

Financially, HONG HA NUTRITION JOINT STOCK COMPANY experienced a year of mixed results in 2023. Total assets increased by 2.99% to USD 38.29 million, while equity doubled to USD 21.08 million, showing a significant 102.74% growth that strengthens its capital foundation. However, sales dropped by 11.92% to USD 125.24 million, reflecting a challenging market environment, though profit rose by 9.76% to USD 915,505, indicating improved operational efficiency. A working capital of USD 11.46 million ensures stable liquidity for its operations and expansion plans.

The animal feed market in Vietnam is highly competitive, driven by increasing demand from both domestic consumption and export-oriented aquaculture and livestock sectors. HONG HA’s ability to sustain profit growth despite declining revenue underscores its focus on cost optimization and strategic production adjustments. Yet, market volatility, fluctuating raw material prices, and evolving food safety regulations remain critical risks that the company must navigate carefully.

For investors, suppliers, and partners, understanding the financial health and operational stability of HONG HA NUTRITION JOINT STOCK COMPANY is vital. Vanguard Business Information LLC (VBI) provides comprehensive business verification and risk management services to evaluate companies like HONG HA. Through VBI’s detailed company reports and risk analyses, stakeholders can gain actionable insights, minimize risks, and build confidence when engaging with major players in the animal feed industry.