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NTSF SEAFOODS JOINT STOCK COMPANY

Active

Business ID 1800648867

84-292 / 364 8484

NTSF SEAFOODS JOINT STOCK COMPANY

Active

Business ID 1800648867

84-292 / 364 8484

NTSF SEAFOODS JOINT STOCK COMPANY

Active

Summary

Name:

NTSF SEAFOODS JOINT STOCK COMPANY

Business ID (TIN):

1800648867

Date of Registration:

14 Dec 2006

Registered Office:

Can Tho City Department of Planning and Investment

Address:

Lot C1, C2, C3, C4, C5, Thot Not Industrial Park, Thoi Thuan Ward, Thot Not District, Can Tho City, Vietnam

Phone:

84-292 / 364 8484

Financial Statement:

2020, 2021, 2022, 2023, 2024

Established in 2006, NTSF Seafoods Joint Stock Company is a Vietnamese seafood processing company specializing in pangasius products for export markets. From its production base in Thot Not Industrial Park in Can Tho City, the company manufactures frozen pangasius fillets, loins, nuggets, and value added fish products supplied to customers in Asia, Europe, and North and South America. With nearly two decades of operation, NTSF has developed a stable footprint within Vietnam’s aquaculture supply chain.

The company employs approximately 2,100 workers, who support production activities, quality management, cold storage operations, and export logistics. NTSF also operates a branch in An Giang Province, enabling proximity to raw fish supply from major farming regions in the Mekong Delta. In 2023, the company recorded revenue of approximately USD 80.58 million, reflecting solid production output despite fluctuations in global seafood demand.

Leadership and Shareholders

NTSF Seafoods Joint Stock Company is led by Ngo T. K., Chairman and Director. He is responsible for corporate strategy, international market development, production governance, and vertically integrated coordination of the processing chain. Supporting him is Nguyen V. H., Deputy Director, who manages procurement, operations, and commercial execution. Financial activities and statutory compliance are overseen by Tran H. D., Chief Accountant.

The company’s ownership is held primarily by Vietnamese shareholders. Ngo V. I. is the largest shareholder with 46.59 percent. Nha Trang Seaproduct Company owns 14.17 percent, while Huynh L. Q. holds 2.24 percent and Nguyen T. L. owns 0.03 percent. The remaining 36.97 percent is distributed among other shareholders. Charter capital and paid up capital are both USD 25.8 million, reflecting full investment commitment.

Financial Growth and Market Risks

In 2023, NTSF generated revenue of approximately USD 80.58 million, supported by export activity despite lower selling prices and reduced demand from key markets. Total assets increased by more than five percent, while equity rose marginally. Profitability decreased significantly due to price compression, competition from other exporting countries, and increased operational costs. Working capital declined sharply, indicating liquidity pressure caused by rising inventories and longer receivable cycles.

The company faces sector specific risks including global economic uncertainty, trade policy changes, disease outbreaks affecting aquaculture supply, and foreign exchange fluctuations. Logistics costs, food safety regulations, and buyer consolidation in international markets also influence operating conditions. A detailed analysis of liquidity, capital structure, risk exposure, and financial resilience is available in the VNBIS Company Comprehensive Report, which provides a complete evaluation for investors, banks, and commercial partners.

Business Intelligence and Risk Outlook

NTSF benefits from its strategic position in Can Tho City, Vietnam’s core region for pangasius farming and processing. Its integrated processing system, cold storage facilities, and export capacity allow it to maintain stable output and supply chain continuity. As global seafood markets move toward recovery, the company is positioned to support demand through product diversification, enhanced quality assurance, and competitive pricing.

The longer term outlook will depend on the company’s ability to stabilize working capital, improve cost management, and comply with increasingly strict import regulations in major markets. Vietnam’s strong position in the global pangasius trade continues to offer opportunities for exporters with operational scale and established buyer relationships. NTSF’s production base, workforce capability, and regional sourcing advantage support its potential for sustained performance as market conditions normalize.

VNBIS Support and Business Services

Vanguard Business Information LLC (VNBIS) provides a comprehensive range of professional business intelligence solutions to support investors and partners in evaluating NTSF Seafoods Joint Stock Company and its financial and operational standing.

VNBIS services include:

Company Credit Reports evaluating solvency, liquidity, and financial health
Risk Management Solutions analyzing market exposure, capital structure, and profitability trends
Business Verification and Due Diligence Reports confirming ownership, compliance, and governance records

Through these services, VNBIS enables clients to make secure, transparent, and data driven business decisions.

Legal Profile

English Name:

NTSF SEAFOODS JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CP THỦY SẢN NTSF

Short Name:

NTSF SEAFOODS

Business ID (TIN):

1800648867

Date of Registration:

14 Dec 2006

Registered Office:

Can Tho City Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ NGO T.K

+ NGUYEN V.H

+ TRAN H.D

Address:

Lot C1, C2, C3, C4, C5, Thot Not Industrial Park, Thoi Thuan Ward, Thot Not District, Can Tho City, Vietnam

Phone:

84-292 / 364 8484

Branch:

Long Hoa Hamlet, Long Giang Commune, Cho Moi District, An Giang Province, Vietnam

Business Sector

Key business lines:

VSIC:

1020 Processing and preserving of fisheries and fishery products

NACE:

10.20 Processing and preserving of fish, crustaceans and molluscs

NAICS:

31171 Seafood Product Preparation and Packaging

Industry Sales Growth

CAGR (2019 - 2023)

0.03%

YoY (2023)

-11.89%

Companies by industry

Company distribution and propportions

4,229

0.1454%

Key Industry Players

Top 10 companies in processing and preserving of fisheries and fishery products industry

vinh hoan corporation ca mau seafood processing and service joint stock corporation minh phu seafood joint stock company nam viet corporation sao ta foods joint stock company soc trang seafood joint stock company bien dong seafood limited liability company minh phu hau giang seafood joint stock company i.d.i international development and investment corporation clean aquatic product seafood export corporation

Payment History

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Financial Performance

Assets	86.87%
Owner’s Equity	71.75%
Working Capital	92.96%
Net Worth	-98.24%
Sales	16.54%
Operating income	15.25%
EBIT	-34.41%
Gross Profit Margin	-12.15%
Debt to EBITDA	19.17%

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Negative Payment Records

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Litigation Records; Negative News

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Specific Questions About NTSF SEAFOODS JOINT STOCK COMPANY

When did NTSF SEAFOODS JSC start operating?

NTSF SEAFOODS JSC was started in 14 Dec 2006

What industry does NTSF SEAFOODS JSC operate in?

NTSF SEAFOODS JSC is operating in "Processing and preserving of fisheries and fishery products" industry

How can I contact NTSF SEAFOODS JSC?

NTSF SEAFOODS JSC phone numbers is 84-292 / 364 8484

What adverse news is there about NTSF SEAFOODS JSC?

NTSF SEAFOODS JSC’s has no negative news

What is stock symbol of NTSF SEAFOODS JSC?

NTSF SEAFOODS JSC is not listed company

Where is the location of NTSF SEAFOODS JSC?

NTSF SEAFOODS JSC is located at Lot C1, C2, C3, C4, C5, Thot Not Industrial Park, Thoi Thuan Ward, Thot Not District, Can Tho City, Vietnam

What is NTSF SEAFOODS JSC’s business registration?

NTSF SEAFOODS JSC business registration is 1800648867

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NTSF SEAFOODS JOINT STOCK COMPANY

NTSF SEAFOODS JOINT STOCK COMPANY

NTSF SEAFOODS JOINT STOCK COMPANY

Leadership and Shareholders

Financial Growth and Market Risks

Business Intelligence and Risk Outlook

VNBIS Support and Business Services

Company Profile Report

Company Standard Report

Comprehensive Report

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NTSF SEAFOODS JOINT STOCK COMPANY

NTSF SEAFOODS JOINT STOCK COMPANY

NTSF SEAFOODS JOINT STOCK COMPANY

Leadership and Shareholders

Financial Growth and Market Risks

Business Intelligence and Risk Outlook

VNBIS Support and Business Services

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

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