KIM TIN GROUP CORPORATION

KIM TIN GROUP CORPORATION (Công Ty Cổ Phần Tập Đoàn Kim Tín) is a leading Vietnamese manufacturer and trader in the metal industry, headquartered at No. 422A-424, Vo Van Kiet Street, Co Giang Ward, District 1, Ho Chi Minh City. Established on April 6, 2005, under Business ID 0303738780, this privately held joint stock company operates with a paid-up capital of over USD 33.27 million and employs approximately 500 staff members. It is widely recognized under its short name KIM TIN GROUP CORP.

The group specializes in producing welding rods, welding wires, steel screws, and various fabricated metal products. It also engages in chemical manufacturing, real estate activities, and wholesale distribution of construction materials and equipment. The main production facility is located in Long An Province, strategically supporting nationwide logistics and supply chains.

Despite a 23.24% decline in revenue in 2023, which fell to USD 170.85 million, KIM TIN GROUP managed a remarkable turnaround in profitability. Its profit surged by nearly 68% to reach USD 22.34 million, indicating strong cost control or improved margins. Assets remained stable at USD 101.55 million, while working capital increased significantly by over 347%, reaching USD 4.82 million. However, a sharp 23.92% drop in owner’s equity, down to USD 34.79 million, highlights some strain on shareholder value, likely due to prior-year adjustments or dividend payouts.

The company's leadership is spearheaded by Chairman cum General Director Nguyen T. H., supported by Chief Accountant Tran T. N., reflecting a hands-on and tightly managed corporate structure.

Key shareholders include Kim Tin Investment Corporation (26.7%), XNK Thinh Phat Investment and Development Corporation (21.6%), and VIAC (No.1) Limited Partnership from Singapore (20%), giving the company a mix of strong domestic and international backing.

According to Vanguard Business Information LLC (VBI), KIM TIN GROUP CORPORATION represents a solid industrial manufacturer with notable resilience in profit performance. The firm is a significant figure in Vietnam’s metal processing and welding sector, offering potential for partners looking to collaborate in fabrication, logistics, and large-scale industrial solutions. However, stakeholders should remain cautious of equity trends and potential financial restructuring.