HUYNH THANH MANUFACTURING SERVICE AND TRADING COMPANY LIMITED

HUYNH THANH MANUFACTURING SERVICE AND TRADING COMPANY LIMITED (CÔNG TY TNHH SẢN XUẤT - DỊCH VỤ VÀ THƯƠNG MẠI HUỲNH THÀNH) is a long-operating private trading company in Ho Chi Minh City, with core activities centered on fertilizer and nitrogen compounds distribution, alongside diversified wholesale and logistics-related registrations. The company’s profile reflects a commercial operator with broad trading scope rather than a single-product business.

Legal Status And Corporate Registration

• Business ID/TIN: 0303678683

• Registration date: 28 Feb 2005 (active status)

• Type: Limited liability company (privately held)

• Head office: No. 717, Tran Xuan Soan Street, Tan Hung Ward, District 7, Ho Chi Minh City, Vietnam

• Charter capital: ~USD 6.57 million

• Employees: ~20

• Ownership: Concentrated among individual shareholders (notably Nguyen V. T. and Nguyen D. Q.)

Key Management And Leadership Structure

The company is led by Nguyen D. Q., Director, supported by Huynh H. P., Deputy Director. Management is compact, consistent with a trading-focused structure where decision-making is centralized and execution relies on supplier/customer networks rather than large internal operations.

Financial Scale And Operating Performance

The business runs meaningful sales volume relative to headcount, indicating a lean trading model. Asset size is moderate, supported by positive working capital. However, profitability turned negative in the latest disclosed period, and equity softened slightly—suggesting margin compression, higher financing/logistics costs, or weaker trading conditions. This is a key shift that counterparties should not ignore.

Core Operations And Business Footprint

Main activity is trading fertilizer and nitrogen compounds. Registered activities are broad and include specialized wholesale, packaging activities, plastics products manufacturing, wholesale of food and agricultural materials, freight transport by road, warehousing and storage, cargo handling, and machinery/equipment wholesale—signaling a diversified commercial footprint that may serve multiple supply chains.

Critical Risk And Forward Outlook Assessment

The most critical risk is profit volatility in a thin-margin trading model, especially in fertilizer distribution where pricing, credit terms, and demand cycles can change quickly. A loss position combined with concentrated ownership and lean staffing increases dependence on a small leadership team and key counterparties. Outlook depends on restoring margins (pricing discipline, cost control, credit management) and reducing earnings swings through tighter risk controls on receivables, inventory, and contract terms.