Jason Furniture Vietnam Company Limited (Business ID: 3801210244) is emerging as a major force in Vietnam’s dynamic wood and furniture export sector. Located in Dong Xoai III Industrial Park, Binh Phuoc Province, the company has showcased remarkable growth over the past three years, firmly establishing itself among Vietnam’s leading furniture manufacturers.
Founded on October 15, 2019, as a foreign direct investment (FDI) company fully owned by KUKA (HK) Trade Co., Limited, Jason Furniture specializes in the manufacture and processing of furniture, with additional activities in non-specialized wholesale trading and property management. Under the leadership of Director Mr. Li Yunhai, the company has expanded rapidly, now employing around 900 workers.
In 2023, Jason Furniture reported total assets of USD 132.41 million, a growth of 26.31% compared to 2022. Its sales skyrocketed by 134.51% year-on-year, reaching USD 211.82 million—an extraordinary achievement that highlights its rising competitiveness. Even more impressive, the company posted a net profit of USD 50.57 million, reflecting a staggering 484.14% growth rate compared to the previous year. This surge has boosted its owner’s equity to USD 64.71 million.
The company’s remarkable financial turnaround is evident when comparing its 2021 results to its current status. From a loss of over USD 6.35 million in 2021, Jason Furniture not only recovered but achieved robust profitability and asset growth in just two years.
Jason Furniture's success is closely linked to Vietnam’s overall wood and furniture export boom, particularly to major markets such as the United States and Japan. In fact, Jason Furniture ranked among the Top 30 Vietnamese Wood and Wood Product Exporters for the first two months of 2025, underscoring its growing international presence (read more about Vietnam’s top exporters here).
However, like other industry players, Jason Furniture faces upcoming challenges, including tighter regulations from the EU Deforestation Regulation (EUDR) and potential tariff risks in the U.S. market. To maintain its momentum, the company must continue enhancing sustainability practices and innovation—a common strategy recommended for all exporters (learn more about Vietnam’s wood sector outlook).
With its strong financial foundation, operational resilience, and strategic backing from its Hong Kong parent company, Jason Furniture Vietnam Co., Ltd. is well-positioned for continued success amid the shifting global trade environment.
0.95%
-8.30%
8,732
0.3012%
Assets | -33.28% |
Owner’s Equity | 74.51% |
Working Capital | -70.69% |
Net Worth | 36.90% |
Sales | 5.49% |
Operating income | -96.44% |
EBIT | -62.50% |
Gross Profit Margin | 35.25% |
Debt to EBITDA | -62.63% |
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