LG DISPLAY VIETNAM HAIPHONG COMPANY LIMITED, registered under the Business ID (TIN) 0201723640, is located at Lot E, Trang Due Industrial Park, Dinh Vu - Cat Hai Economic Area, Hong Phong Commune, An Duong District, Hai Phong City, Vietnam. The company commenced operations on 05 May 2016, marking its official entry into the business sector. With a charter capital of VND 13,920,000,000,000, LG DISPLAY VIETNAM HAIPHONG COMPANY LIMITED is financially equipped to support its business activities. The company specializes in manufacture of communication equipment, providing a diverse range of products and services. The strategic decisions of LG DISPLAY VIETNAM HAIPHONG COMPANY LIMITED are overseen by SUK M.S and PARK J.H, who plays a critical role in guiding the company's direction.
Being a member of LG Group, the subject has operated for eight years in Hai Phong City. Its core business activity is the manufacture of OLED displays for mobile phone, smart watch, TV and tablet, etc. Its products are mostly supplied to other members of the group.
Being an extremely large enterprise, the subject recorded huge sales yearly. After incurring the post-Covid impact in 2022, the subject's turnover grew again in 2023. Accordingly, it posted total sales of VND 134.4 trillion in 2023, up 4.7% year over year. Nevertheless, loan interest expenses continued to rise dramatically, thus net operating profit went down by 8.2%, reaching VND 1.9 trillion last year.
The basic company report from Vietnam Business Information covers fundamental aspects and highlights the core competencies and operational focus of LG DISPLAY VIETNAM HAIPHONG COMPANY LIMITED. Additionally, the comprehensive company report provides an in-depth analysis and valuable opinions from Vietnam Business Information’s professional analysts.