NAM THAI SON JOINT STOCK COMPANY

NAM THAI SON JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN NAM THÁI SƠN) is a privately held joint stock company operating in Vietnam’s wholesale food and multi-sector trading space. Established on 25 May 2010, NAM THAI SON JOINT STOCK COMPANY has more than 15 years of operating history, with business activities spanning food trading, agricultural products, fertilizers, and a wide range of registered industrial and service sectors.

Legal Status and Corporate Profile

NAM THAI SON JOINT STOCK COMPANY is registered under Business ID and Tax Identification Number 0310031671 with the Ho Chi Minh City Department of Planning and Investment. The company’s head office is located on the 12th Floor of the Viettel Building, No. 285 Cach Mang Thang Tam Street, Ward 12, District 10, Ho Chi Minh City, Vietnam. It operates as an active joint stock company with private ownership.

The company has a fully paid charter capital of approximately USD 20.54 million. Its ownership structure is highly concentrated, with the General Director also acting as the controlling shareholder, reinforcing centralized governance and decision-making.

Core Operations and Business Scope

The principal activity of NAM THAI SON JOINT STOCK COMPANY is wholesale trading of food products. In addition, the company operates across multiple registered business fields, including agricultural products, fertilizers, construction-related activities, waste treatment, mining, real estate consultancy, and infrastructure support services.

While food trading remains the core operational focus, the breadth of registered activities provides legal flexibility for diversification, project-based ventures, and strategic repositioning depending on market conditions.

Management and Ownership

The company is led by its General Director, Ms. NGUYEN X. L., who also holds a dominant equity stake. The shareholder structure is concentrated among three individual shareholders, with majority control resting with the General Director. This structure allows for swift strategic execution but also implies a degree of dependence on key personnel.

Financial Performance and Trends

Financially, NAM THAI SON JOINT STOCK COMPANY experienced a significant contraction in scale. Total assets declined sharply, reflecting asset disposals, inventory reduction, or business downsizing. Sales revenue also dropped substantially, indicating reduced trading volume or market withdrawal in specific segments.

Profitability turned negative in the most recent period, following a marginal profit in the prior year. Despite this, owner’s equity remained relatively stable, suggesting that losses were contained and did not materially erode the company’s capital base. Working capital declined but remained positive, supporting short-term operational continuity.

Overall, the financial profile reflects a company undergoing consolidation or restructuring after a period of expansion.

Business Outlook and Risk Considerations

Operating in food trading and diversified commercial activities exposes NAM THAI SON JOINT STOCK COMPANY to demand volatility, commodity price fluctuations, and execution risk across multiple sectors. The combination of declining revenue and negative profitability elevates short-term risk, particularly if market recovery is delayed.

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