HUNG THANG LOI GIA LAI COMPANY LIMITED

HUNG THANG LOI GIA LAI COMPANY LIMITED (CÔNG TY TNHH HƯNG THẮNG LỢI GIA LAI) is a privately held company headquartered at 15 Truong Chinh, Phu Dong Ward, Pleiku City, Gia Lai Province, Vietnam. Established on October 12, 2016, the company has operated for more than nine years and has grown into a significant player in the agricultural supply and export sector in Vietnam’s Central Highlands. With charter capital and paid-up capital of USD 52.79 million, HUNG THANG LOI GIA LAI plays a crucial supporting role in the value chain of the Hoang Anh Gia Lai Group, one of Vietnam’s best-known agribusiness conglomerates.

Leadership and Ownership

The company is led by Director Vo T. M. H., who oversees a lean but efficient workforce of 27 employees. Its ownership structure is dominated by Hoang Anh Gia Lai Joint Stock Company, which holds 98 percent of total shares. The remaining 2 percent is shared equally between Le T. L. and Thuy N. D. This strategic ownership reflects the company’s close operational alignment with Hoang Anh Gia Lai Group’s core business model, particularly in agriculture, livestock, and export markets.

Financial Overview

HUNG THANG LOI GIA LAI has experienced robust growth in assets and equity, even while navigating periods of financial pressure. Total assets surged from USD 140.75 million in 2022 to USD 180.3 million in 2023, an increase of 28.1 percent. Equity almost doubled in the same period, rising from USD 21.31 million to USD 41.34 million, a 93.96 percent increase. Revenue also climbed steadily to USD 108.52 million, showing a moderate year-on-year growth of 3.77 percent.

Despite this expansion, the company reported a net loss of USD 515,196 in 2023. This marked a substantial improvement compared to the larger losses of previous years and reflects stronger operational management. Negative working capital of USD -28.76 million indicates the company’s aggressive reinvestment strategy and its role as a trading and supply hub within the broader Hoang Anh Gia Lai ecosystem.

Business Activities and Strategic Role

HUNG THANG LOI GIA LAI specializes in providing agricultural inputs and exporting agricultural products. The company imports or purchases fertilizer, pig bran, and other agricultural materials to supply Hoang Anh Gia Lai Group and its subsidiaries. At the same time, it plays a key role in exporting bananas to foreign markets, leveraging the group’s extensive plantation network.

Its registered business activities include support for crop and livestock production, growing pepper and coffee trees, mixed crop-livestock farming, post-harvest crop activities, seed processing, and processing and preserving fruit, vegetables, and meat. These diverse activities are designed to support the group’s vertical integration strategy in agriculture.

Outlook

Backed by the financial strength and strategic direction of Hoang Anh Gia Lai Group, HUNG THANG LOI GIA LAI is well positioned to maintain its role as a critical supply and export entity in the region. Its rapid growth in assets and equity, combined with narrowing losses, reflects an improving operational structure and growing market opportunities. With the Central Highlands emerging as a key agricultural production zone in Vietnam, the company is expected to benefit from increasing global demand for agricultural commodities and continue strengthening its contribution to Vietnam’s export landscape.