PHU TAI BIO-ENERGY CORPORATION (Business ID: 4101258588) is a privately held joint stock company based in Quy Nhon City, Binh Dinh Province, Vietnam. Founded in 2011, the company plays an active role in the biomass energy and wood pellet manufacturing sector, with steadily expanding operations despite lingering profitability challenges.

Corporate Structure and Ownership

The company was registered with the Binh Dinh Province Department of Planning and Investment and currently has a charter capital of USD 16.43 million, fully paid by the end of 2023. It employs approximately 400 staff and is managed by a leadership team headed by Mr. Nguyen Thanh Phong, who also holds a 95.75% majority stake.

Other shareholders include Ms. Nguyen Ha Tien (General Director), Ms. Nguyen Thi Kieu Loan, and Mr. Nguyen Thanh Nha—all Vietnamese nationals.

Financial Performance: Growth with Persistent Deficit

PHU TAI BIO-ENERGY CORPORATION has experienced rapid revenue and asset growth, though profitability remains elusive. According to data verified by Vanguard Business Information LLC (VBI), in 2023:

• Revenue rose sharply by 41.93%, reaching USD 102.26 million.

• Total assets jumped by 46.21% to USD 47.57 million.

• Owner’s equity increased 21.84% to USD 14.64 million.

• Net loss narrowed to USD -661,567, following heavier losses in 2022.

Although the company shows positive momentum in capital expansion and sales, working capital remained negative at USD -1.75 million, and the streak of annual net losses reflects financial pressure.

Business Scope and Industry Relevance

The company’s core business lies in wood pellet manufacturing, a sector closely tied to renewable energy markets across Asia and Europe. It is also licensed to operate in veneer production, furniture manufacturing, forestry support, and electricity generation—all of which strategically align with Vietnam’s renewable energy and sustainable export agendas.

The firm’s physical location in Phu Tai Industrial Park offers proximity to both raw material sources and seaport logistics, strengthening its supply chain capacity in the biomass sector.

Business Verification and Risk Transparency by VBI

PHU TAI BIO-ENERGY CORPORATION is part of Vietnam’s emerging biomass energy economy—a sector increasingly scrutinized for both environmental compliance and financial risk. Through Vanguard Business Information LLC (VBI), stakeholders can access detailed company reports that include financial health indicators, credit risk scores, shareholder data, and business registration status.

Whether evaluating supply contracts, financing partnerships, or export deals, VBI reports on companies like PHU TAI BIO-ENERGY offer crucial insights for risk management, due diligence, and investment decision-making.

Visit vnbis.com to explore verified business information and access the full report on this and other Vietnamese enterprises in wood processing, renewables, and export logistics.