NHAT THANH IMPORT EXPORT JOINT STOCK COMPANY

NHAT THANH IMPORT EXPORT JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN XUẤT NHẬP KHẨU NHẤT THÀNH) is a privately held joint stock company active in Vietnam’s agricultural trading sector. Established on October 31, 2012, NHAT THANH IMPORT EXPORT JOINT STOCK COMPANY is officially registered under Business ID and Tax Identification Number (TIN) 0106025519. The company's transaction office is located on the 4th Floor, Nam Anh Building, No. 68/116, Nhan Hoa Street, Nhan Chinh Ward, Thanh Xuan District, Hanoi City, Vietnam.

Chaired by Mr. Nguyen Tho Anh, NHAT THANH IMPORT EXPORT JOINT STOCK COMPANY specializes in the wholesale trading of agricultural commodities such as rice, corn, and soybean meal—key raw materials for feed production industries. Despite a relatively lean organizational structure, with around 40 employees, the company manages a significant scale of operations.

Financially, 2023 presented notable challenges for NHAT THANH IMPORT EXPORT JOINT STOCK COMPANY. Total assets fell by 20.7% to USD 125.08 million, while total sales dropped by 10.94% to USD 364.88 million. Profitability was under significant pressure, with net profit declining by 18.3% to a modest USD 78,293. Nevertheless, the company's owner’s equity slightly increased by 0.68% to USD 11.17 million, suggesting efforts to maintain financial stability despite market difficulties.

The ownership structure remains highly concentrated, with Mr. Nguyen Tho Anh controlling 91% of the shares, supported by Mr. Ha Duy Phu (5%) and Phu Dung (4%). This concentration offers internal decision-making agility but also heightens dependency on a small leadership circle.

Through its Business Verification and Risk Management Services, Vanguard Business Information LLC (VBI)highlights companies like NHAT THANH IMPORT EXPORT JOINT STOCK COMPANY to assist clients in making well-informed commercial decisions. VBI also offers Directorship Search and Litigation Search services to uncover any hidden risks when partnering with agricultural trading firms in Vietnam.

While NHAT THANH IMPORT EXPORT JOINT STOCK COMPANY maintains significant business volume, its profitability concerns and asset contraction in 2023 indicate that the company may need to improve cost management and market adaptation to ensure sustainable growth moving forward.