KOKORO STEEL CORRUGATED COMPANY LIMITED

Founded in July 2008, KOKORO STEEL CORRUGATED COMPANY LIMITED (Vietnamese name: CÔNG TY TNHH TÔN THÉP KOKORO) has become a recognizable name in the wholesale distribution of galvanized and cold-rolled corrugated iron, box steel, and other construction materials in southern Vietnam. With its business registration ID and tax code 0305841448, the company is headquartered at 24H1, DD10 Street, Tan Hung Thuan Ward, District 12, Ho Chi Minh City, and is regulated by the Ho Chi Minh City Department of Planning and Investment.

Under the leadership of Ms. Ngo T. L. O., who holds the position of General Director and also owns 94% of the company, KOKORO STEEL has expanded its operations through multiple branches and offices across the city, including in Go Vap, Cu Chi, and Hoc Mon Districts.

KOKORO STEEL has shown consistent financial growth over the past three years. In 2023, the company reported USD 139.22 million in revenue, a 7.03% increase from 2022. Total assets reached USD 32.42 million, rising by 31.37% year-over-year, while equity surged to USD 8.78 million, an impressive 168.35% growth, indicating substantial reinvestment or capital infusion. However, net profit remains modest at USD 87,182, suggesting tight margins, possibly due to competitive pricing pressures in the building materials industry.

Despite a low net income relative to sales, the company holds a healthy working capital of USD 7.62 million, enabling flexibility in managing supplier contracts and customer demands. This capital base, coupled with consistent revenue growth, positions KOKORO STEEL as a low-risk supplier in terms of solvency, though buyers and financial partners should be aware of its historically slim profit margins.

For businesses considering cooperation with KOKORO STEEL, VANGUARD BUSINESS INFORMATION LLC (VBI) offers detailed credit assessments and risk verification services to safeguard your transactions. Through verified financials, ownership clarity, and operational insights, VBI empowers clients with the knowledge to determine credit limits, negotiate better payment terms, and proactively mitigate the risks associated with companies operating in competitive, cost-sensitive sectors like steel distribution.

In short, KOKORO STEEL CORRUGATED COMPANY LIMITED is a growing but financially conservative steel wholesaler, demonstrating operational discipline and asset-backed expansion. For long-term engagements or large-volume procurement, consulting a VBI business report can offer the critical confidence required to move forward with informed, risk-mitigated decisions.