KHAI ANH BINH THUAN JOINT STOCK COMPANY

Khai Anh Binh Thuan Joint Stock Company: A Rising Force in Vietnam’s Agricultural Industry

In Vietnam’s thriving agricultural sector, Khai Anh Binh Thuan Joint Stock Company has emerged as a key player in the trade of agricultural raw materials and animal feed production. Founded on December 30, 2019, the company is relatively young but has already established itself as a significant business entity. Headquartered in Hamlet 5, Tan Duc Commune, Ham Tan District, Binh Thuan Province, Khai Anh Binh Thuan operates with a broad market reach, including offices in Ho Chi Minh City and Ba Ria - Vung Tau.

Led by General Director Nguyen Tuan Nam, alongside Deputy General Directors Trinh Hoai Vien and Trinh Khac Diep, the company specializes in the wholesale of agricultural raw materials such as soybean meals, corn kernels, coconut meals, cassava, and other essential ingredients for animal feed production. It also engages in the trading of food products, milling, starch production, and even power generation. This diversified portfolio underscores the company’s ambition to expand beyond agriculture into infrastructure and energy-related businesses.

Financial Performance: Impressive Growth and Recovery

Despite being a relatively new company, Khai Anh Binh Thuan has demonstrated rapid financial growth. As of 2023, the company reported total assets of USD 339.54 million, marking an 8.89% increase year-over-year (YoY). Total sales reached USD 1.41 billion, reflecting a 14.24% growth, solidifying its status as a leading agricultural supplier.

However, the most remarkable improvement was in profitability. After reporting a loss of USD 24.69 million in 2022, the company made an extraordinary recovery in 2023, achieving a profit of USD 17.31 million, a 170.11% increase YoY. This turnaround suggests that Khai Anh Binh Thuan has optimized its business operations and cost structures, allowing it to bounce back stronger from previous financial setbacks.

Moreover, equity surged by 93.89% to USD 36.75 million, while net worth grew by 119.78% to USD 32.68 million, indicating a strong financial foundation. The company's working capital skyrocketed by 4,540.69%, reflecting increased liquidity and financial flexibility for future expansion.

Strategic Market Position and Business Expansion

Khai Anh Binh Thuan’s business model is deeply integrated into Vietnam’s agricultural supply chain, focusing on both domestic markets and export opportunities. The company’s operations span multiple sectors, including:

• Agricultural trading (soybean, corn, cassava, wheat, rice)
• Animal feed production
• Warehousing, cargo handling, and transportation services
• Electricity generation and distribution

With Vietnam being a major exporter of agricultural products, Khai Anh Binh Thuan is well-positioned to capitalize on global demand for livestock feed and food supplies. Its diversified portfolio also provides a hedge against market volatility in any single sector.

Ownership Structure and Leadership

Khai Anh Binh Thuan remains a privately held company, with General Director Nguyen Tuan Nam holding 73.13% of shares. Other key shareholders include Trinh Khac Diep (7.62%), Trinh Hoai Vien (6.93%), and Tang Sarath (6.51%), demonstrating a concentrated ownership structure that ensures stability in leadership and decision-making.

Vanguard Business Information LLC (VBi): Enhancing Market Transparency

For companies like Khai Anh Binh Thuan, maintaining transparency and financial credibility is essential in today’s competitive business landscape. This is where Vanguard Business Information LLC (VBi) plays a crucial role. As a leading provider of business intelligence, company reports, and financial analysis, VBi helps businesses assess risks, validate financial data, and navigate investment opportunities.

Khai Anh Binh Thuan’s rapid growth and financial turnaround highlight the importance of accurate financial reporting and risk assessment—key areas where VBi’s services can support businesses. By offering reliable and comprehensive business information, VBi enables investors, suppliers, and financial institutions to make well-informed decisions about their partnerships and investments in Vietnam’s fast-evolving markets.

Future Outlook: Strengthening Market Leadership

Looking ahead, Khai Anh Binh Thuan Joint Stock Company is expected to continue its expansion in agricultural trading, supply chain logistics, and renewable energy projects. The company's financial recovery and strong asset growth indicate its readiness to scale operations and explore new business avenues.

However, sustaining this momentum requires careful market analysis, risk mitigation strategies, and compliance with international trade regulations. With the support of business intelligence providers like Vanguard Business Information LLC (VBi), Khai Anh Binh Thuan can further enhance its corporate governance, attract strategic investors, and solidify its position as a leading agricultural enterprise in Vietnam.