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QUANG NGAI SUGAR JOINT STOCK COMPANY

Active

Business ID 4300205943

84-255 / 3726 110 / 132

QUANG NGAI SUGAR JOINT STOCK COMPANY

Active

Business ID 4300205943

84-255 / 3726 110 / 132

QUANG NGAI SUGAR JOINT STOCK COMPANY

Active

Summary

Name:

QUANG NGAI SUGAR JOINT STOCK COMPANY

Business ID (TIN):

4300205943

Date of Registration:

28 Dec 2005

Registered Office:

Quang Ngai Province Department of Planning and Investment

Ticker:

QNS

Address:

No. 02, Nguyen Chi Thanh Street, Quang Phu Ward, Quang Ngai City, Quang Ngai Province, Vietnam

Phone:

84-255 / 3726 110 / 132

Financial Statement:

2020, 2021, 2022, 2023, 2024

QUANG NGAI SUGAR JOINT STOCK COMPANY: A Sweet Success Backed by Strong Growth

QUANG NGAI SUGAR JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN ĐƯỜNG QUẢNG NGÃI) has emerged as one of Vietnam’s most prominent food and beverage manufacturers, showcasing robust financial performance and sustainable expansion in recent years. With operations dating back to its days as a state-owned enterprise in the 1970s and official incorporation in 2005, the company continues to be a vital industrial presence in central Vietnam.

Rising Financial Strength and Business Scale

Based in Quang Ngai City, the company has shown remarkable resilience and growth. In 2023, QUANG NGAI SUGAR JOINT STOCK COMPANY recorded substantial increases across all key financial metrics. Its total assets exceeded USD 527 million, a 16% rise year-over-year, while equity reached nearly USD 379 million. Most notably, profit jumped nearly 65% to over USD 96 million, indicating efficient management and strong demand across its product lines.

With more than 4,100 employees and a charter capital of over USD 146 million, QUANG NGAI SUGAR JOINT STOCK COMPANY demonstrates the capacity of a mature enterprise with scalable operations and diversified revenue streams. Its positive working capital of nearly USD 191 million in 2023 further reinforces financial stability.

Diverse Operations and Product Portfolio

While its name highlights its heritage in sugar production, the company’s operations now span a wide array of industries. These include the manufacture of soya milk, beer, mineral water, confectionery, fertilizers, agricultural machinery, and biomass energy. In addition to its head office in Quang Ngai, the company operates various branches and manufacturing sites across provinces like Gia Lai.

This diversification is a strategic advantage, enabling the company to tap into different market segments and cushion itself against sector-specific downturns. The company’s brands, including Thạch Bích and Vinasoy, are well-known and trusted by Vietnamese consumers.

Public Ownership and Governance

QUANG NGAI SUGAR JOINT STOCK COMPANY is a publicly listed entity on the UPCoM stock exchange under the ticker QNS. The company’s shareholding structure includes both corporate and individual stakeholders, with the largest shareholder being Thanh Phat Trading One Member Limited Company. Leadership is firmly rooted in Vietnamese management, with Mr. Tran Ngoc Phuong serving as Chairman and Mr. Vo Thanh Dang as General Director.

Such transparency and regulated governance contribute to investor confidence, making QNS a valuable asset in Vietnam’s food and beverage sector.

Managing Risk in a Growing Enterprise

Despite the company’s solid performance, its multi-sector footprint and reliance on consumer trends call for ongoing monitoring and due diligence. Businesses, investors, and trade partners seeking to collaborate with QNS or companies like it are advised to conduct thorough background checks and risk assessments.

For those seeking reliable information, financial intelligence, or credit analysis, Vanguard Business Information LLC (VBI) offers in-depth reporting and risk management solutions. VBI provides insights that help stakeholders navigate Vietnam’s corporate landscape with clarity and confidence.

Conclusion

QUANG NGAI SUGAR JOINT STOCK COMPANY continues to solidify its role as a cornerstone of Vietnam’s processed food and beverage sector. With soaring profits, disciplined financial management, and strategic diversification, the company presents a compelling example of successful transformation from a state-run operation to a modern, publicly listed enterprise. However, as with all growing companies, prudent risk evaluation remains essential for long-term partnerships and investments.

Legal Profile

English Name:

QUANG NGAI SUGAR JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN ĐƯỜNG QUẢNG NGÃI

Short Name:

QNS

Business ID (TIN):

4300205943

Date of Registration:

28 Dec 2005

Registered Office:

Quang Ngai Province Department of Planning and Investment

Ticker:

QNS

Ownership Status:

Publicly held

Operation Status:

Active

Contacts

Key Decision Makers:

+ TRAN N.P

+ VO T.D

+ DANG P.Q

+ NGUYEN T.B

Address:

No. 02, Nguyen Chi Thanh Street, Quang Phu Ward, Quang Ngai City, Quang Ngai Province, Vietnam

Phone:

84-255 / 3726 110 / 132

Branch:

No. 02, Nguyen Chi Thanh Street, Quang Phu Ward, Quang Ngai City, Quang Ngai Province, Vietnam

Branch:

Hamlet 2, Thanh An Commune, An Khe Town, Gia Lai Province, Vietnam

Branch:

No. 02, Nguyen Chi Thanh Street, Quang Phu Ward, Quang Ngai City, Quang Ngai Province, Vietnam

Branch:

TS5, Tien Son Industrial Park, Dong Nguyen Ward, Tu Son City, Bac Ninh Province, Vietnam

Branch:

No. 02, Nguyen Chi Thanh Street, Quang Phu Ward, Quang Ngai City, Quang Ngai Province, Vietnam

Branch:

No. 02, Nguyen Chi Thanh Street, Quang Phu Ward, Quang Ngai City, Quang Ngai Province, Vietnam

Branch:

No. 02, Nguyen Chi Thanh Street, Quang Phu Ward, Quang Ngai City, Quang Ngai Province, Vietnam

Branch:

No. 02, Nguyen Chi Thanh Street, Quang Phu Ward, Quang Ngai City, Quang Ngai Province, Vietnam

Branch:

An Binh Industrial Cluster, An Binh Ward, An Khe Town, Gia Lai Province, Vietnam

Branch:

No. 15, Road 31, VSIP II-A Industrial Park, Vinh Tan Ward, Tan Uyen City, Binh Duong Province, Vietnam

Branch:

Hamlet 4, An Thanh Commune, An Khe Town, Gia Lai Province, Vietnam

Branch:

Hamlet 2, Thanh An Commune, An Khe Town, Gia Lai Province, Vietnam

Business Sector

Key business lines:

VSIC:

1072 Manufacture of sugar

NACE:

10.81 Manufacture of sugar

NAICS:

31131 Sugar Manufacturing

Industry Sales Growth

CAGR (2019 - 2023)

6.62%

YoY (2023)

-19.10%

Companies by industry

Company distribution and propportions

158

0.0054%

Key Industry Players

Top 10 companies in manufacture of sugar industry

agris ninh hoa import export joint stock company lam son sugar cane joint stock corporation quang ngai sugar joint stock company nghe an sugar limited liability company van phat wine company limited kon tum sugar joint stock company son la sugar joint stock company son duong sugar and sugarcane joint stock company vietnam - taiwan sugar company limited kcp viet nam industries limited

Payment History

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Financial Performance

Assets	88.32%
Owner’s Equity	-37.65%
Working Capital	97.11%
Net Worth	77.50%
Sales	-24.36%
Operating income	-19.22%
EBIT	96.15%
Gross Profit Margin	75.28%
Debt to EBITDA	-55.93%

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Company Profile Report

Legal Profile

Contact and Location

Legal Representative

Shareholders

Business Operation

Assets

Owner's Equity

Sales

Profit

Company Standard Report

Legal Profile

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Legal Representative

EBT

EBITDA

Working Capital

Tangible Net Worth

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Comprehensive Report

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Legal Profile

Historical Information

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Subsidiary and Affiliated Company

Management and Directors

Shareholders

Business Operation

Suppliers

Buyers

Credit Limit

Industry Information

Key Industry Players

Competitors

Negative Payment Records

Banking Information

Litigation Records; Negative News

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Opinion from Analysts

Specific Questions About QUANG NGAI SUGAR JOINT STOCK COMPANY

When did QUANG NGAI SUGAR JSC start operating?

QUANG NGAI SUGAR JSC was started in 28 Dec 2005

What industry does QUANG NGAI SUGAR JSC operate in?

QUANG NGAI SUGAR JSC is operating in "Manufacture of sugar" industry

How can I contact QUANG NGAI SUGAR JSC?

QUANG NGAI SUGAR JSC phone numbers is 84-255 / 3726 110 / 132

What adverse news is there about QUANG NGAI SUGAR JSC?

QUANG NGAI SUGAR JSC’s has 8 bad news

What is stock symbol of QUANG NGAI SUGAR JSC?

QUANG NGAI SUGAR JSC’s stock symbol is QNS

Where is the location of QUANG NGAI SUGAR JSC?

QUANG NGAI SUGAR JSC is located at No. 02, Nguyen Chi Thanh Street, Quang Phu Ward, Quang Ngai City, Quang Ngai Province, Vietnam

What is QUANG NGAI SUGAR JSC’s business registration?

QUANG NGAI SUGAR JSC business registration is 4300205943

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QUANG NGAI SUGAR JOINT STOCK COMPANY