LS-VINA CABLE & SYSTEM JOINT STOCK COMPANY

LS-VINA CABLE & SYSTEM JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN CÁP ĐIỆN VÀ HỆ THỐNG LS-VINA) is a leading manufacturer in Vietnam specializing in the production of electronic and electric wires and cables. The company operates as a joint stock company, officially registered under Business ID 0200117005 with the Hai Phong City Department of Planning and Investment. Established on June 25, 2008, LS-VINA CABLE & SYSTEM JOINT STOCK COMPANY has over 16 years of experience in the industry and remains active in the market.

As of the latest financial data, LS-VINA CABLE & SYSTEM JOINT STOCK COMPANY reported total assets of USD 178.36 million, with total sales reaching USD 543.59 million in 2023. The company's financial position has shown resilience, with working capital increasing by 108.45% YoY. Despite a decline in total assets and sales, profitability saw a remarkable increase of 123.53%, reaching USD 14.32 million. The equity of the company stands at USD 33.12 million, reflecting a 42.23% YoY growth.

The company is led by General Director KIM JONG PIL, a South Korean national, with Deputy General Director NGHIEM DUC MINH, a Vietnamese executive, supporting operations. With a workforce of 500 employees, LS-VINA CABLE & SYSTEM JOINT STOCK COMPANY continues to expand its operations in Hai Phong City, Vietnam.

LS-VINA CABLE & SYSTEM JOINT STOCK COMPANY operates under a foreign direct investment (FDI) structure, with the majority shareholder being LS ECO ENERGY LTD (formerly LS CABLE & SYSTEM ASIA LTD) from South Korea, holding 80.73% ownership. Other key shareholders include the Hai Phong People’s Committee(15.16%) and LS CABLE & SYSTEM VIETNAM CO., LTD (4.11%).

The company’s business activities include the manufacture of electric wires and cables, fibre optic cables, and wiring devices, as well as engineering consultancy, technical testing, and electrical construction.

 VANGUARD BUSINESS INFORMATION LLC (VBI)provides high-quality Company Report Services for businesses seeking comprehensive Vietnam business information, including detailed financial analysis, legal registration details, and key personnel insights. LS-VINA CABLE & SYSTEM JOINT STOCK COMPANY exemplifies a robust enterprise with a significant market presence and a strong international backing, making it an essential entity in Vietnam’s industrial sector.