QUANG PHAT HAU GIANG JSC

QUANG PHAT HAU GIANG JSC (CÔNG TY CỔ PHẦN CHẾ BIẾN XUẤT KHẨU GẠO QUANG PHÁT HẬU GIANG) is a privately held joint stock company established on 19 June 2018 and registered with the Hau Giang Province Department of Planning and Investment. The company operates under Business ID 6300304264 and Tax Identification Number 6300304264. Its head office is located at Area 5, Thuan An Ward, Long My Town, Hau Giang Province, Vietnam.

Ownership and Legal Structure

The company has a charter capital of USD 6.90 million, with paid-up capital of approximately USD 4.93 million as of 31 December 2023. QUANG PHAT HAU GIANG JSC is privately owned, with Ms. HUYNH T. B. H. holding 71.67% of shares, Mr. LE T. L. owning 27.2%, and Ms. LE T. N. H. holding 1.13%.

This ownership structure reflects concentrated shareholder control and a stable governance foundation.

Management and Leadership

The company is chaired by Ms. HUYNH T. B. H. (Chairwoman), a Vietnamese national. As the principal shareholder and Chairwoman, she plays a key role in shaping the company’s strategy, commercial direction, and operational performance within the rice trading and processing sector.

Business Activities

While legally registered under commission agents, brokers, and auction agents, the company’s main business activity is trading rice. Additional registered activities include milling and manufacturing of meal; wholesale of agricultural raw materials (except wood and bamboo); wholesale of rice, wheat, other cereals, and wheat flour; and wholesale of food.

Operating in Hau Giang Province, a strategic rice-producing region in the Mekong Delta, QUANG PHAT HAU GIANG JSC participates actively in Vietnam’s rice trading and export supply chain.

Financial Performance Overview

For the fiscal year ended 31 December 2024, the company reported total assets of USD 28.72 million, reflecting a strong 28.97% year-on-year increase. Owner’s equity rose significantly to USD 6.98 million, up 40.27% compared to 2023, indicating improved capital strength.

Revenue reached USD 51.10 million in 2024, representing a 22.29% decline year-on-year following the exceptional surge recorded in 2023.

One of the most critical financial highlights is the strong rebound in profitability. Net profit increased to USD 31,998 in 2024, marking a 441.16% year-on-year growth. This improvement suggests enhanced cost management and margin control despite reduced revenue.

However, working capital remained negative at USD 650,247 in 2024, indicating ongoing short-term liquidity pressure that requires careful financial management.

Growth and Risk Balance

QUANG PHAT HAU GIANG JSC demonstrates solid asset expansion and improved equity positioning, alongside a meaningful recovery in profitability. At the same time, revenue volatility and negative working capital underline the importance of prudent cash flow management and disciplined inventory control.

As Vietnam’s rice export market remains sensitive to global demand, pricing cycles, and logistics conditions, sustained growth will depend on maintaining efficient procurement channels, stable export relationships, and strengthened liquidity management.