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INTERNATIONAL SUPPLY CHAIN JOINT STOCK COMPANY

Active

Business ID 2901736864

+84 975 794 388

INTERNATIONAL SUPPLY CHAIN JOINT STOCK COMPANY

Active

Business ID 2901736864

+84 975 794 388

INTERNATIONAL SUPPLY CHAIN JOINT STOCK COMPANY

Active

Summary

Name:

INTERNATIONAL SUPPLY CHAIN JOINT STOCK COMPANY

Business ID (TIN):

2901736864

Date of Registration:

26 Sep 2014

Registered Office:

Nghe An Province Department of Planning and Investment

Address:

TH Milk Joint Stock Company, Nghia Binh Commune, Nghia Dan District, Nghe An Province, Vietnam

Phone:

+84 975 794 388

Financial Statement:

2020, 2021, 2022, 2023, 2024

INTERNATIONAL SUPPLY CHAIN JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN CHUỖI CUNG ỨNG QUỐC TẾ)

A supply-chain enterprise positioned inside the TH Milk ecosystem, showing sharp financial swings that make it particularly compelling to examine.

INTERNATIONAL SUPPLY CHAIN JOINT STOCK COMPANY (ISC., JSC), Business ID 2901736864, was established in 2014 and operates from the TH Milk complex in Nghia Dan District, Nghe An Province. With a team of about 82 employees, the company plays an essential role in supplying input materials for TH Milk’s production chain while also engaging in wholesale trading, logistics, machinery repair, equipment rental, and various support activities.

The company is led by Nguyen Q. H., the General Director, and Nguyen T. B., the Chief Accountant. Its ownership is concentrated among three individuals: Nguyen T. C. L. (40%), Nguyen D. C. (30%), and Thai T. N. (30%). Such a structure often enables quick decisions, but it may also amplify financial risks when market conditions become unstable.

Financial Performance with Strong Movements

ISC recorded total assets of USD 54.96 million in 2024, a significant increase of more than 45 percent. Despite this, revenue declined to USD 80.52 million, reflecting an 11.8 percent drop. What truly stands out is the dramatic shift in profitability. After reporting losses in previous years, the company achieved a profit of USD 1.52 million in 2024. This turnaround of nearly 200 percent invites more profound questions about what changed internally.

However, the company continues to operate with a negative equity of –USD 7.27 million and a negative working capital of –USD 15.53 million. These figures indicate a high level of leverage and pressure on short-term liquidity. In simple terms, liabilities exceed assets, yet the business remains active and has even expanded its asset base. This dynamic is unusual and may reflect internal financial support, revised supplier terms, or strategic restructuring efforts linked to TH Milk.

A Broad but Unusual Business Scope

ISC is licensed for a wide range of activities, including wholesale trade, distribution of agricultural materials, freight transport, electrical installation, vehicle sales and repair, machinery rental, food wholesale, and handling hazardous waste. For a relatively small team, this breadth suggests the company operates not as a traditional independent wholesaler but as a multi-purpose service arm that supports various needs within a larger ecosystem.

It also raises an important question. How many of these activities are actively contributing to revenue, and how many are positioned for future operations or strategic flexibility? The answer would significantly affect risk assessment.

A Company Worth Monitoring Closely

ISC’s recent profit rebound, combined with expanding assets and ongoing negative net worth, puts the company in an exciting position. It appears to maintain strong functional importance to TH Milk, which may help stabilize operations despite financial challenges. At the same time, its numbers suggest underlying structural issues that partners should fully understand before making decisions.

For suppliers, lenders, or potential collaborators, the situation calls for a deeper look at cash flows, internal dependencies, financing sources, and operational resilience. An updated comprehensive report from VNBIS would provide the clarity needed to evaluate the company beyond the surface indicators.

Legal Profile

English Name:

INTERNATIONAL SUPPLY CHAIN JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN CHUỖI CUNG ỨNG QUỐC TẾ

Short Name:

ISC., JSC

Business ID (TIN):

2901736864

Date of Registration:

26 Sep 2014

Registered Office:

Nghe An Province Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ NGUYEN Q.H

+ NGUYEN T.B

Address:

TH Milk Joint Stock Company, Nghia Binh Commune, Nghia Dan District, Nghe An Province, Vietnam

Phone:

+84 975 794 388

Registration Address:

Son Lien Hamlet, Nghia Son Commune, Nghia Dan District, Nghe An Province, Vietnam

Representative office:

2nd Floor, Bac A Tower, No. 9, Dao Duy Anh Street, Phuong Lien Ward, Dong Da District, Ha Noi City, Vietnam

Business Sector

Key business lines:

VSIC:

4690 Non-specialized wholesale trade

NACE:

46.90 Non-specialised wholesale trade

Industry Sales Growth

CAGR (2019 - 2023)

2.67%

YoY (2023)

3.87%

Companies by industry

Company distribution and propportions

18,673

0.6422%

Key Industry Players

Top 10 companies in non-specialized wholesale trade industry

(translated name) saigon union of trading co-operatives mm mega market (vietnam) company limited zuellig pharma vietnam ltd. toshiba vietnam consumer products co. ltd brenntag vietnam company limited eb services company limited 3a nutrition (vietnam) company limited koizumi vietnam trading company limited msd hh vietnam ltd gsk pharma vietnam company limited

Payment History

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Financial Performance

Assets	-45.87%
Owner’s Equity	59.14%
Working Capital	-66.53%
Net Worth	66.10%
Sales	-86.97%
Operating income	-16.36%
EBIT	-67.11%
Gross Profit Margin	-72.11%
Debt to EBITDA	14.76%

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Company Reports

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Legal Profile

Contact and Location

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Shareholders

Business Operation

Assets

Owner's Equity

Sales

Profit

Company Standard Report

Legal Profile

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EBT

EBITDA

Working Capital

Tangible Net Worth

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Comprehensive Report

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Historical Information

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Subsidiary and Affiliated Company

Management and Directors

Shareholders

Business Operation

Suppliers

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Credit Limit

Industry Information

Key Industry Players

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Negative Payment Records

Banking Information

Litigation Records; Negative News

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Opinion from Analysts

Specific Questions About INTERNATIONAL SUPPLY CHAIN JOINT STOCK COMPANY

When did INTERNATIONAL SUPPLY CHAIN JSC start operating?

INTERNATIONAL SUPPLY CHAIN JSC was started in 26 Sep 2014

What industry does INTERNATIONAL SUPPLY CHAIN JSC operate in?

INTERNATIONAL SUPPLY CHAIN JSC is operating in "Non-specialized wholesale trade" industry

How can I contact INTERNATIONAL SUPPLY CHAIN JSC?

INTERNATIONAL SUPPLY CHAIN JSC phone numbers is +84 975 794 388

What adverse news is there about INTERNATIONAL SUPPLY CHAIN JSC?

INTERNATIONAL SUPPLY CHAIN JSC’s has no negative news

What is stock symbol of INTERNATIONAL SUPPLY CHAIN JSC?

INTERNATIONAL SUPPLY CHAIN JSC is not listed company

Where is the location of INTERNATIONAL SUPPLY CHAIN JSC?

INTERNATIONAL SUPPLY CHAIN JSC is located at TH Milk Joint Stock Company, Nghia Binh Commune, Nghia Dan District, Nghe An Province, Vietnam

What is INTERNATIONAL SUPPLY CHAIN JSC’s business registration?

INTERNATIONAL SUPPLY CHAIN JSC business registration is 2901736864

INTERNATIONAL SUPPLY CHAIN JOINT STOCK COMPANY

INTERNATIONAL SUPPLY CHAIN JOINT STOCK COMPANY

INTERNATIONAL SUPPLY CHAIN JOINT STOCK COMPANY

Summary

INTERNATIONAL SUPPLY CHAIN JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN CHUỖI CUNG ỨNG QUỐC TẾ)