MINH TAN FERTILIZER IMPORT EXPORT JOINT STOCK COMPANY

MINH TAN FERTILIZER IMPORT EXPORT JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN XUẤT NHẬP KHẨU PHÂN BÓN MINH TÂN), also known as MINH TAN FERTIMEX., JSC, has grown into a notable player in Vietnam’s fertilizer distribution sector, with a presence centered in the Central Highlands. Founded on October 5, 2016, and headquartered at No. 75-77 Cao Thang Street, Tan An Ward, Buon Ma Thuot City, Dak Lak Province, the company is registered under Business ID 6001551610 and operates as a privately held joint stock company.

Under the leadership of General Director Mr. Nguyen H. L., MINH TAN FERTILIZER specializes in the wholesale and import-export of fertilizers such as urea, NPK, ammonium sulfate, and di-ammonium phosphate. The company also engages in a wide range of related fields including retail fuel sales, warehousing, vehicle leasing, crop seed propagation, and post-harvest services. With a relatively lean workforce of 150 employees, the company has managed to scale operations while maintaining efficient control.

The company's financial performance in 2024 shows a remarkable rebound. Total assets soared by 94.55% to reach USD 55.59 million, reflecting strategic growth and inventory buildup. Sales revenue was reported at USD 137.19 million, marking a modest 3.98% increase from the previous year, while net profit surged to USD 28,395, a 655.69% jump. Though profit levels remain modest in absolute terms, the recovery from prior years—especially after posting a negative equity position in 2023—is notable. As of the end of 2024, owner’s equity recovered to USD 577,933, a 204.41% increase, and working capital reached USD 44.58 million, reinforcing the company's improved liquidity and operating flexibility.

Ownership remains tightly held, with Mr. Nguyen H. L. controlling 60%, followed by Mr. Nguyen H. D. with 30%, and Mr. Duong V. H. with 10%, indicating centralized decision-making and stable shareholder structure.

While MINH TAN FERTILIZER has rebounded financially, its low profit margin relative to revenue and its complex web of operational areas may present risks related to strategic focus and capital efficiency. Therefore, companies looking to engage in partnerships, procurement, or credit relationships with MINH TAN FERTILIZER should prioritize due diligence.

Through the trusted services of VANGUARD BUSINESS INFORMATION (VNBIS), available at vnbis.com, stakeholders can access expert business verification and risk management solutions. VNBIS reports offer detailed assessments of financial integrity, ownership transparency, and operational viability, ensuring clients are well-equipped to evaluate both opportunity and exposure before entering any business arrangement.

In a volatile agricultural inputs market, MINH TAN FERTILIZER IMPORT EXPORT JOINT STOCK COMPANY shows signs of agility and recovery—but sound decisions must be backed by verified intelligence, which VNBIS is uniquely positioned to provide.