LONG SON COMPANY LIMITED

LONG SON COMPANY LIMITED, known locally as CÔNG TY TNHH LONG SƠN, is a key player in Vietnam’s cement and clinker manufacturing industry. Established in 2001, the company operates from its headquarters in Khanh Phu Industrial Park, Ninh Binh Province, with additional branches in Thanh Hoa and Khanh Hoa. Over the years, LONG SON COMPANY LIMITED has become an essential supplier in Vietnam’s construction and infrastructure sectors, distributing its products nationwide.

According to Vanguard Business Information LLC (VBI), LONG SON COMPANY LIMITED reported total assets of USD 582.39 million in 2023, reflecting a 5.07% decrease from the previous year. Despite this decline, sales increased by 8.4% to USD 794.71 million, indicating continued demand for construction materials. However, the company’s profit dropped significantly by 87.89% to USD 3.73 million, suggesting increased operational costs or pricing challenges. Its working capital, on the other hand, grew by 107.16%, demonstrating effective liquidity management.

Led by chairman and director Trinh Quang Hai, LONG SON COMPANY LIMITED remains a privately held company. Trinh Quang Hai holds a majority ownership of 78.65%, with additional shares owned by Do Thi Lan and Bui Duy Ngoc. This ownership structure ensures tight control over business operations and strategic decisions, allowing the company to respond quickly to market fluctuations.

Beyond cement production, LONG SON COMPANY LIMITED engages in various industrial activities, including quarrying stone, sand, gravel, and clay, as well as manufacturing plastics, synthetic rubber, and metal products. The company is also involved in wholesale fuel trading, mining operations, and freight transportation, contributing to a diversified business model that enhances its market resilience.

Despite its strong market presence, LONG SON COMPANY LIMITED faces challenges such as fluctuating raw material costs, competitive pricing pressures, and shifting demand trends. VBI’s analysis suggests that while revenue growth remains steady, declining profit margins indicate potential cost inefficiencies. To maintain its competitive edge, the company may need to optimize production efficiency, explore alternative energy solutions, and expand into new markets.

With over 23 years in operation, LONG SON COMPANY LIMITED continues to be a significant player in Vietnam’s construction supply chain. VBI’s market insights suggest that if the company can stabilize profit margins while maintaining strong sales growth, it will remain a dominant force in the country’s cement and industrial manufacturing sectors. Its expanding industrial presence and business diversification provide a solid foundation for long-term sustainability.