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INDUSTRIAL DEVELOPMENT INVESTMENTS JOINT STOCK COMPANY

Active

Business ID 0101269906

84-24 / 3537 8888

INDUSTRIAL DEVELOPMENT INVESTMENTS JOINT STOCK COMPANY

Active

Business ID 0101269906

84-24 / 3537 8888

INDUSTRIAL DEVELOPMENT INVESTMENTS JOINT STOCK COMPANY

Active

Summary

Name:

INDUSTRIAL DEVELOPMENT INVESTMENTS JOINT STOCK COMPANY

Business ID (TIN):

0101269906

Date of Registration:

30 Jul 2002

Registered Office:

Ha Noi City Department of Planning and Investment

Address:

Room C0902, Central Point, No. 219, Trung Kinh Street, Cau Giay District, Ha Noi City, Vietnam

Phone:

84-24 / 3537 8888

Financial Statement:

2020, 2021, 2022, 2023, 2024

INDUSTRIAL DEVELOPMENT INVESTMENTS JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN ĐẦU TƯ PHÁT TRIỂN CÔNG NGHIỆP) is a privately held joint stock company with more than two decades of operations in Vietnam. Founded on July 30, 2002, and registered with the Hanoi Department of Planning and Investment, the company operates under Tax Code: 0101269906. It has established itself as an active trader in the steel and metal wholesale market, while also diversifying into manufacturing, civil construction, and heavy equipment services.

The company's main office is located at Room C0902, Central Point, No. 219 Trung Kinh Street, Cau Giay District, Hanoi, with additional representative offices in Hai Phong and other parts of the capital. With a charter capital of over USD 6.16 million and the same amount in paid-up capital as of the end of 2023, INDUSTRIAL DEVELOPMENT INVESTMENTS JOINT STOCK COMPANY (often referred to as INDECO JSC) engages in a wide array of business lines. These include the wholesale of metals and ores, manufacturing of steel and cast iron products, construction of bridges and civil engineering works, and machinery repairs. The company is also involved in mining activities, real estate trading, fertilizer production, and road freight transport.

Under the leadership of Mr. Nguyen K. K., who serves as the Director, the company employs approximately 50 personnel. Mr. Nguyen is also closely connected to the company’s major shareholders. Mr. Nguyen K. H., presumably a relative, holds a controlling 66.67% stake, while Mr. Nguyen K. T. owns 30%, and Ms. Nguyen T. M. T. holds the remaining 3.33%.

Despite its long-standing presence and diverse business operations, the company faced significant financial challenges in 2023. Total assets declined sharply by over 36%, dropping to USD 14.32 million. Total sales fell to USD 158.5 million, a 19.16% decrease compared to the previous year. Most notably, the company reported a net loss of USD 643,674, although this figure represented an improvement from the deeper losses of 2022. Equity was also significantly reduced to just USD 832,336, and the company posted negative net worth of approximately USD 474,703. Additionally, working capital was reported at a deficit of USD 1.47 million, underscoring liquidity concerns.

Nonetheless, INDUSTRIAL DEVELOPMENT INVESTMENTS JOINT STOCK COMPANY remains operational and active. Its extensive range of business licenses allows it flexibility to pursue opportunities across industries—from construction and metallurgy to logistics and event organization. The company’s future sustainability may depend on strategic restructuring or investment to restore financial health and unlock the value of its diverse capabilities and longstanding market presence.

Legal Profile

English Name:

INDUSTRIAL DEVELOPMENT INVESTMENTS JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN ĐẦU TƯ PHÁT TRIỂN CÔNG NGHIỆP

Short Name:

INDECO .JSC

Business ID (TIN):

0101269906

Date of Registration:

30 Jul 2002

Registered Office:

Ha Noi City Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

NGUYEN K.K

Address:

Room C0902, Central Point, No. 219, Trung Kinh Street, Cau Giay District, Ha Noi City, Vietnam

Phone:

84-24 / 3537 8888

Registration Address:

No. 11, Lane 121, Thai Ha Street, Trung Liet Ward, Dong Da District, Ha Noi City, Vietnam

Representative office:

12 P1, Ho Xuan Huong Street, Minh Khai Ward, Hong Bang District, Hai Phong City, Vietnam

Representative office:

C5, No 18, Dinh Cong new urban area, Dinh Cong Ward, Hoang Mai District, Ha Noi City, Vietnam

Business Sector

Key business lines:

VSIC:

4662 Wholesale of metals and metal ores

NACE:

46.72 Wholesale of metals and metal ores

Industry Sales Growth

CAGR (2019 - 2023)

7.06%

YoY (2023)

-6.40%

Companies by industry

Company distribution and propportions

20,391

0.7013%

Key Industry Players

Top 10 companies in wholesale of metals and metal ores industry

thai hung trading joint-stock company nam phat shipbuilding and shipping company corporation vuong steel co.,ltd kim quoc steel company limited (translated name) hanoi steel and trade joint stock company nam son steel corporation thang long sbtc joint stock company nam phat steel trading and servicing joint stock company dong hai steel trading company limited toan phat steel production and investment company limited

Payment History

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Financial Performance

Assets	-88.56%
Owner’s Equity	-58.47%
Working Capital	8.64%
Net Worth	-43.97%
Sales	6.75%
Operating income	-75.51%
EBIT	-83.60%
Gross Profit Margin	87.24%
Debt to EBITDA	34.52%

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Specific Questions About INDUSTRIAL DEVELOPMENT INVESTMENTS JOINT STOCK COMPANY

When did INDUSTRIAL DEVELOPMENT INVESTMENTS JSC start operating?

INDUSTRIAL DEVELOPMENT INVESTMENTS JSC was started in 30 Jul 2002

What industry does INDUSTRIAL DEVELOPMENT INVESTMENTS JSC operate in?

INDUSTRIAL DEVELOPMENT INVESTMENTS JSC is operating in "Wholesale of metals and metal ores" industry

How can I contact INDUSTRIAL DEVELOPMENT INVESTMENTS JSC?

INDUSTRIAL DEVELOPMENT INVESTMENTS JSC phone numbers is 84-24 / 3537 8888

What adverse news is there about INDUSTRIAL DEVELOPMENT INVESTMENTS JSC?

INDUSTRIAL DEVELOPMENT INVESTMENTS JSC’s has no negative news

What is stock symbol of INDUSTRIAL DEVELOPMENT INVESTMENTS JSC?

INDUSTRIAL DEVELOPMENT INVESTMENTS JSC is not listed company

Where is the location of INDUSTRIAL DEVELOPMENT INVESTMENTS JSC?

INDUSTRIAL DEVELOPMENT INVESTMENTS JSC is located at Room C0902, Central Point, No. 219, Trung Kinh Street, Cau Giay District, Ha Noi City, Vietnam

What is INDUSTRIAL DEVELOPMENT INVESTMENTS JSC’s business registration?

INDUSTRIAL DEVELOPMENT INVESTMENTS JSC business registration is 0101269906

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