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KY NAM STEEL CORPORATION

Active

Business ID 0310818638

84-28 / 3754 2468

KY NAM STEEL CORPORATION

Active

Business ID 0310818638

84-28 / 3754 2468

KY NAM STEEL CORPORATION

Active

Summary

Name:

KY NAM STEEL CORPORATION

Business ID (TIN):

0310818638

Date of Registration:

29 Apr 2011

Registered Office:

Ho Chi Minh City Department of Finance

Address:

No. 32, Tan Tao Street, Tan Tao Industrial Park, Tan Tao Ward, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3754 2468

Financial Statement:

2020, 2021, 2022, 2023, 2024

KY NAM STEEL CORPORATION (CÔNG TY CỔ PHẦN THÉP KỲ NAM) is a privately held joint stock company that plays an active role in Vietnam’s industrial steel trading sector. Officially established on April 29, 2011, and operating under Tax Code 0310818638, the company is registered with the Ho Chi Minh City Department of Planning and Investment. Its head office is located at No. 32, Tan Tao Street, Tan Tao Industrial Park, Tan Tao A Ward, Binh Tan District, Ho Chi Minh City, with a branch office in Hanoi situated at the Song Da Building on Pham Hung Street.

KY NAM STEEL specializes in the wholesale trade of metals and metal ores, while also engaging in auxiliary sectors such as warehousing, industrial transportation, lifting equipment manufacturing, and even the construction and repair of ships and floating structures. Over more than 14 years of operation, the company has established a solid reputation for supplying a wide range of industrial steel products across the country.

The company is led by Chairwoman Pham N. L., who also holds a 12% ownership stake. Operational management is carried out by Director Nguyen B. L., and financial control is handled by Chief Accountant Pham H. L., an experienced professional in the steel and industrial sector.

In terms of financial performance, KY NAM experienced strong top-line growth in 2023, with sales reaching USD 172.09 million, representing a 32.67% year-over-year increase. However, the company's net profit dropped sharply to just USD 188,114, a decline of almost 90% compared to the previous year. Total assets stood at USD 73.34 million, up 16.53%, but equity fell drastically to USD 3.18 million, reflecting margin pressures and potential capital structure challenges. Working capital was modest at USD 2.68 million, underscoring tight liquidity conditions despite increased sales activity.

Ownership is currently divided among key Vietnamese shareholders, with Nguyen T. H. holding 60%, Nguyen B. L. with 28%, and Pham N. L. with the remaining 12%. However, it should be noted that these figures are based on the original charter capital registration, and updated shareholder records were not confirmed in the most recent license.

For business partners, lenders, or potential investors, KY NAM STEEL’s rapid revenue growth combined with contracting profit margins merits careful analysis. VANGUARD BUSINESS INFORMATION LLC (VBI) recommends conducting a full Vietnam Company Report, including Business Verification, Private Financial Data review, and Litigation Check, to assess current financial stability and shareholder compliance.

KY NAM STEEL CORPORATION remains an influential name in Vietnam’s industrial materials market. Yet in the steel trade, as in steel itself, strength must be matched by balance—and that balance starts with transparency.

Legal Profile

English Name:

KY NAM STEEL CORPORATION

Vietnamese Name:

CÔNG TY CỔ PHẦN THÉP KỲ NAM

Short Name:

KY NAM STEEL CORP

Business ID (TIN):

0310818638

Date of Registration:

29 Apr 2011

Registered Office:

Ho Chi Minh City Department of Finance

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ PHAM N.L

+ NGUYEN B.L

+ PHAM H.L

Address:

No. 32, Tan Tao Street, Tan Tao Industrial Park, Tan Tao Ward, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3754 2468

Branch:

Tower A, Song Da Building, Pham Hung Street, My Dinh 1 Ward, South Tu Liem District, Ha Noi City, Vietnam

Business Sector

Key business lines:

VSIC:

2593 Manufacture of cutlery, hand tools and general hardware

NACE:

25.7 Manufacture of cutlery, tools and general hardware

Industry Sales Growth

CAGR (2019 - 2023)

7.31%

YoY (2023)

-4.63%

Companies by industry

Company distribution and propportions

493

0.0170%

Key Industry Players

Top 10 companies in manufacture of cutlery, hand tools and general hardware industry

kai vietnam co., ltd seorim vietnam co., ltd vietnam fortress tools jsc dorco vina co., ltd wiha vietnam co.,ltd nastec vietnam joint stock company wahl vietnam co., ltd dorco living vina company limited huy hoang locks company limited great star vietnam limited company

Payment History

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Financial Performance

Assets	68.15%
Owner’s Equity	71.85%
Working Capital	-44.26%
Net Worth	1.25%
Sales	30.55%
Operating income	1.01%
EBIT	31.36%
Gross Profit Margin	-11.27%
Debt to EBITDA	60.56%

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Negative Payment Records

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Litigation Records; Negative News

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Balance Sheet

Profit and Loss Statement

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Opinion from Analysts

Specific Questions About KY NAM STEEL CORPORATION

When did KY NAM STEEL CORPORATION start operating?

KY NAM STEEL CORPORATION was started in 29 Apr 2011

What industry does KY NAM STEEL CORPORATION operate in?

KY NAM STEEL CORPORATION is operating in "Manufacture of cutlery, hand tools and general hardware" industry

How can I contact KY NAM STEEL CORPORATION?

KY NAM STEEL CORPORATION phone numbers is 84-28 / 3754 2468

What adverse news is there about KY NAM STEEL CORPORATION?

KY NAM STEEL CORPORATION’s has no negative news

What is stock symbol of KY NAM STEEL CORPORATION?

KY NAM STEEL CORPORATION is not listed company

Where is the location of KY NAM STEEL CORPORATION?

KY NAM STEEL CORPORATION is located at No. 32, Tan Tao Street, Tan Tao Industrial Park, Tan Tao Ward, Ho Chi Minh City, Vietnam

What is KY NAM STEEL CORPORATION’s business registration?

KY NAM STEEL CORPORATION business registration is 0310818638

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