PERSTIMA (VIETNAM) CO., LTD

PERSTIMA (Vietnam) Co., Ltd, officially registered as Công Ty TNHH Perstima Việt Nam, is a one-member limited liability company with a strong foreign direct investment (FDI) backing. Established on 2 January 2008, the company operates under Business ID and Tax Identification Number (TIN) 3700444535. Its head office is located at No. 15, Road No. 6, Vietnam – Singapore Industrial Park, Binh Hoa Ward, Thuan An City, Binh Duong Province, Vietnam. With a charter capital of USD 8 million, the company has maintained a prominent role in the manufacturing and processing of tin-plates and tin-free steel, as well as other metal treatment and coating activities.

The company is managed by a team of experienced leaders, including General Director Chia K. C., a Malaysian national who oversees the strategic direction of the business, and Managing Director Vo H. Q. H., a Vietnamese professional who plays a key role in operations and client relations. Under their leadership, PERSTIMA (Vietnam) employs around 200 workers and continues to be a reliable partner in the industrial metal coating sector.

Financially, PERSTIMA (Vietnam) has faced significant challenges over the past fiscal year ending 31 March 2024. Total assets dropped to USD 37.08 million, down by 21.33% compared to the previous year. Owner’s equity decreased by 11.81%, standing at USD 32.55 million. Sales revenue also saw a sharp decline of 50.73%, reaching USD 67.31 million, while profits fell by 71.87% to USD 3.78 million. These figures indicate a difficult year for the company, likely influenced by market volatility, cost pressures, and reduced global demand in the metal processing industry. However, the company still retains a solid working capital of USD 28.75 million, which provides financial flexibility.

PERSTIMA (Vietnam) is wholly owned by Perusahaan Sadur Timah Malaysia (PERSTIMA) Berhad, headquartered in Kuala Lumpur, Malaysia. This 100% ownership reflects the strong backing and technical expertise of its parent company, ensuring high-quality products and international standards in manufacturing and coating technologies. Despite the recent downturn in profits and sales, PERSTIMA (Vietnam) remains a significant player in the industrial metal sector in Vietnam.

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