JAPFA COMFEED VIETNAM LIMITED COMPANY

JAPFA COMFEED VIETNAM LIMITED COMPANY, locally known as Công Ty Trách Nhiệm Hữu Hạn Japfa Comfeed Việt Nam, is a major foreign direct investment enterprise in Vietnam’s livestock and animal feed industry. Established in 2007, the company operates under the full ownership of Japfa Vietnam Investments Pte Ltd, a Singapore-based parent company. Headquartered in Vinh Phuc Province, Japfa Comfeed Vietnam has expanded its presence with branches in Thai Binh, Phu Tho, and Hoa Binh, supporting its nationwide distribution network.

According to Vanguard Business Information LLC (VBI), Japfa Comfeed Vietnam reported total assets of USD 557.52 million in 2023, reflecting a 3.91 percent decline from the previous year. While the company's sales revenue increased by 4.91 percent to USD 805.81 million, indicating steady demand for its poultry feed, livestock farming, and food processing operations, it continued to face financial difficulties. The company recorded a net loss of USD 43.95 million in 2023, marking two consecutive years of losses.

VBI’s financial risk assessment highlights several challenges for Japfa Comfeed Vietnam. Despite strong sales, the company struggles with profitability, negative working capital of USD 47.31 million, and declining equity of 2.78 percent. These financial indicators suggest cash flow constraints and potential difficulties in meeting short-term obligations. The livestock and animal feed industry is highly competitive, with fluctuating commodity prices, disease outbreaks, and regulatory changes affecting profit margins and operational efficiency.

Under the leadership of Chairman Hoang Phan Tan and General Director Tan Ho Liat, Japfa Comfeed Vietnam employs 5,000 workers and focuses on manufacturing animal feed, trading poultry breeds, and supplying fresh and processed food. It is also involved in livestock farming, wholesale trade of agricultural raw materials, and meat processing.

To regain financial stability, VBI recommends that Japfa Comfeed Vietnam enhance its cost management strategies, diversify its product offerings, and improve its efficiency in livestock production. The company’s expanding market share and steady sales growth demonstrate its relevance in the industry, but its long-term sustainability will depend on addressing financial risks and operational challenges.