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LACTY II COMPANY LIMITED

Active

Business ID 6300142662

84-293 / 3953 399

LACTY II COMPANY LIMITED

Active

Business ID 6300142662

84-293 / 3953 399

LACTY II COMPANY LIMITED

Active

Summary

Name:

LACTY II COMPANY LIMITED

Business ID (TIN):

6300142662

Date of Registration:

14 Mar 2011

Registered Office:

Can Tho City Department of Finance

Address:

Lot B1, B2, Tan Phu Thanh Industrial Park - Phase No. 1, Thanh Xuan Commune, Can Tho City, Vietnam

Phone:

84-293 / 3953 399

Financial Statement:

2020, 2021, 2022, 2023, 2024

LACTY II COMPANY LIMITED (CÔNG TY TNHH LẠC TỶ II): Vietnam-Based Footwear Manufacturer

Legal Status

LACTY II COMPANY LIMITED, locally known as CÔNG TY TNHH LẠC TỶ II, is a one-member limited liability company with 100% foreign direct investment (FDI) ownership. The company was officially registered on March 14, 2011 under the Business ID and Tax Code: 6300142662. Its registration authority is the Department of Planning and Investment of Hau Giang Province.

The company’s head office is located at: Lot B1-B2, Tan Phu Thanh Industrial Park - Phase No. 1, Tan Phu Thanh Commune, Chau Thanh A District, Hau Giang Province, Vietnam. A secondary branch operates in Long An Province, at Lots B1-B5, B16-B20, Road Nos. 2, 3, 6, Hai Son Industrial Cluster, Long Thuong Commune, Can Giuoc District. The company’s registered capital is approximately USD 135.4 million, with USD 102.25 million paid up as of December 31, 2023.

LACTY II COMPANY LIMITED specializes in the manufacture of footwear, particularly processing sport shoes for ADIDAS, and has expanded into other manufacturing and wholesale business lines.

Key Personnel

The company is managed by Mr. Lin Chang Yung, who serves as the General Director. He holds Taiwanese nationality and plays a central role in overseeing LACTY II’s production operations and business development in Vietnam. The workforce is large-scale, with a reported human resources goal of 20,000 employees in 2023, demonstrating the firm’s labor-intensive and export-oriented operations.

Financial Data

LACTY II COMPANY LIMITED has shown consistent financial growth in recent years. As of FYE 31 Dec 2023, the company reported:

Total Assets: USD 153.44 million (up 19.21% YoY)
Total Sales: USD 228.48 million (up 5.04% YoY)
Profit: USD 3.63 million (up 418.17% YoY)
Equity: USD 104.43 million (up 3.6% YoY)
Net Worth: USD 99.16 million
Working Capital: USD 48.99 million

This positive trajectory, particularly the sharp increase in profit margins in 2023, signals improved operational efficiency and stronger financial performance following prior years of lower earnings. Notably, the company rebounded from a loss of nearly USD 9 million in 2021 to substantial profitability by 2023.

Legal Profile

English Name:

LACTY II COMPANY LIMITED

Vietnamese Name:

CÔNG TY TNHH LẠC TỶ II

Short Name:

CÔNG TY TNHH LẠC TỶ II

Business ID (TIN):

6300142662

Date of Registration:

14 Mar 2011

Registered Office:

Can Tho City Department of Finance

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

LIN, C

Address:

Lot B1, B2, Tan Phu Thanh Industrial Park - Phase No. 1, Thanh Xuan Commune, Can Tho City, Vietnam

Phone:

84-293 / 3953 399

Branch:

Lot B1-B5, B16-B20, Road No. 2, 3, 6, Hai Son Industrial Cluster, Phuoc Ly Commune, Tay Ninh Province, Vietnam

Business Sector

Key business lines:

VSIC:

1520 Manufacture of footwear

NACE:

15.20 Manufacture of footwear

NAICS:

31620 Footwear Manufacturing

Industry Sales Growth

CAGR (2019 - 2023)

-1.82%

YoY (2023)

-10.80%

Companies by industry

Company distribution and propportions

3,430

0.1180%

Key Industry Players

Top 10 companies in manufacture of footwear industry

pou sung vietnam co., ltd. pouyuen vietnam company limited vinh long footwear co.,ltd hwaseung vina co., ltd thaibinh group chang shin vietnam company ltd. pou chen vietnam enterprise ltd tkg taekwang vina joint stock company vietnam dona orient co., ltd vietnam dona standard footwear co., ltd

Payment History

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Financial Performance

Assets	38.67%
Owner’s Equity	-0.05%
Working Capital	-63.68%
Net Worth	13.51%
Sales	87.40%
Operating income	28.40%
EBIT	2.18%
Gross Profit Margin	-65.78%
Debt to EBITDA	23.58%

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Specific Questions About LACTY II COMPANY LIMITED

When did LACTY II COMPANY LIMITED start operating?

LACTY II COMPANY LIMITED was started in 14 Mar 2011

What industry does LACTY II COMPANY LIMITED operate in?

LACTY II COMPANY LIMITED is operating in "Manufacture of footwear" industry

How can I contact LACTY II COMPANY LIMITED?

LACTY II COMPANY LIMITED phone numbers is 84-293 / 3953 399

What adverse news is there about LACTY II COMPANY LIMITED?

LACTY II COMPANY LIMITED’s has no negative news

What is stock symbol of LACTY II COMPANY LIMITED?

LACTY II COMPANY LIMITED is not listed company

Where is the location of LACTY II COMPANY LIMITED?

LACTY II COMPANY LIMITED is located at Lot B1, B2, Tan Phu Thanh Industrial Park - Phase No. 1, Thanh Xuan Commune, Can Tho City, Vietnam

What is LACTY II COMPANY LIMITED’s business registration?

LACTY II COMPANY LIMITED business registration is 6300142662

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LACTY II COMPANY LIMITED