OLAM VIETNAM LIMITED
ActiveOLAM VIETNAM LIMITED
ActiveOLAM VIETNAM LIMITED
ActiveSummary
OLAM VIETNAM LIMITED (CÔNG TY TRÁCH NHIỆM HỮU HẠN OLAM VIỆT NAM) is a major player in Vietnam’s agriculture and food processing industry, specializing in post-harvest crop activities, food manufacturing, and agricultural trading. Established on March 17, 2004, the company is legally registered as a one-member limited liability company (LLC) under Business ID: 6000346337 with official registration at the Dak Nong Province Department of Planning and Investment. It is a wholly owned subsidiary of OLAM INTERNATIONAL LIMITED (Singapore), reflecting its foreign direct investment (FDI) status.
The company’s headquarters is located at Lot 01 + 02, 11th Floor, Office Area, Pearl Plaza, No. 561A, Dien Bien Phu Street, Ward 25, Binh Thanh District, Ho Chi Minh City, Vietnam, with branches in Gia Lai, Dong Nai, and Binh Dinh. With 6,000 employees, OLAM VIETNAM LIMITED is a key player in Vietnam’s agricultural supply chain, sourcing, processing, and exporting key commodities such as coffee, cashews, and spices.
Key Personnel
- General Director: Mr. AMIT VERMA (Indian) – Oversees strategic management and business growth.
- Chief Accountant: Ms. HUYNH THI MINH LY (Vietnamese) – Manages financial planning and reporting.
Financial Performance and Risk Analysis
As of December 31, 2023, the company reported the following financial figures:
- Total Assets: USD 391.46 million (YoY growth of 23%)
- Owner’s Equity: USD 64.02 million (YoY growth of 10.87%)
- Total Sales Revenue: USD 727.84 million (YoY growth of 1.85%)
- Net Profit: USD 6.28 million (YoY growth of 127.85%)
- Net Worth: USD 63.96 million
The company has demonstrated steady growth in assets and equity, with a strong rebound in profitability after a major decline in 2022. However, low profit margins suggest high operational costs and competitive pricing pressures. VANGUARD BUSINESS INFORMATION LLC (VBI), a private financial data supplier, provides risk management solutions and company reports to help investors assess financial risks and market positioning for OLAM VIETNAM LIMITED.
Business Operations and Industry Overview
As part of Vietnam’s booming agricultural sector, OLAM VIETNAM LIMITED plays a crucial role in processing and trading a wide range of agricultural commodities. Its key business activities include:
- Processing and trading agricultural products
- Wholesale of food and agricultural raw materials
- Manufacturing animal feed and food products
- Retail and online distribution of textiles and food
- Consulting and business management services
Vietnam’s agriculture and food processing industry is one of the country’s largest economic sectors, benefiting from global demand for high-quality agricultural exports. However, companies like OLAM VIETNAM LIMITED face challenges such as supply chain disruptions, price volatility, and environmental regulations.
VBI’s company report identifies OLAM VIETNAM LIMITED as a strong industry player with solid financial health, but highlights potential risks in maintaining profit margins amid fluctuating commodity prices. To remain competitive, the company must optimize supply chain efficiency, diversify its export markets, and implement cost-control strategies.
With VBI’s risk management expertise, businesses and investors can make informed decisions regarding partnerships and financial engagements with OLAM VIETNAM LIMITED, ensuring long-term growth and stability in Vietnam’s agricultural sector.
Legal Profile
Contacts
+ AMITH V
+ HUYNH T.M.L
Business Sector
Industry Sales Growth
22.02%
35.80%
Companies by industry
1,911
0.0657%
Key Industry Players
Payment History
Financial Performance
| Assets | -21.81% |
| Owner’s Equity | -60.11% |
| Working Capital | 52.26% |
| Net Worth | -65.77% |
| Sales | -96.72% |
| Operating income | 21.61% |
| EBIT | 59.50% |
| Gross Profit Margin | -9.01% |
| Debt to EBITDA | -91.50% |