LIX DETERGENT JOINT STOCK COMPANY

LIX DETERGENT JOINT STOCK COMPANY, known in Vietnamese as Công Ty Cổ Phần Bột Giặt LIX, is a long-standing leader in Vietnam’s detergent and personal care product industry. Established on September 30, 2003, and registered under tax code 0301444263, the company operates as a state-majority-owned joint stock company, with 51% of shares held by the Vietnam National Chemical Group. It is publicly listed on the Ho Chi Minh Stock Exchange (HOSE) under the ticker symbol LIX.

Headquartered at No. 3, Road No. 2, Quarter 4, Linh Trung Ward, Thu Duc City, Ho Chi Minh City, LIX maintains an expansive operational footprint, including branches in Binh Duong, Bac Ninh, and a representative office in Ho Chi Minh City’s An Phu Ward. With over 1,100 employees, LIX produces a wide range of household products, including synthetic detergents, soaps, and cleaning agents, serving both domestic and export markets.

In 2024, LIX DETERGENT reported USD 118.19 million in revenue, marking a 2.73% increase year-over-year. The company also earned a net profit of USD 8.28 million, a 6% rise compared to 2023. Total assets grew to USD 57.37 million, while equity reached USD 38.49 million, showing stable and consistent growth. Working capital remained strong at USD 19.2 million, affirming the company’s strong liquidity and operational efficiency.

Though profits dipped slightly in 2023, LIX bounced back in 2024, reflecting its continued ability to maintain competitive margins in a consumer market that faces rising input costs and shifting consumption behavior. Its reputation for quality and brand loyalty across Vietnam has been a key strength, particularly as the company navigates both private-label competition and multinational entrants in the fast-moving consumer goods (FMCG) sector.

LIX also maintains registered licenses for basic chemical production, real estate activities, and wholesale of waste and scrap materials, suggesting a forward-thinking approach to diversification and sustainability in its operations.

For investors, distributors, and international buyers looking to assess the financial health and long-term reliability of Vietnamese brands, LIX DETERGENT offers a proven track record. Through VANGUARD BUSINESS INFORMATION LLC (VNBIS), clients can access detailed credit reports, equity trends, and risk analyses for LIX and other top-tier Vietnamese companies operating in the consumer goods sector.