RAMATEX INDUSTRIAL (NAM DINH) COMPANY LIMITED

RAMATEX INDUSTRIAL (NAM DINH) COMPANY LIMITED (CÔNG TY TNHH CÔNG NGHIỆP RAMATEX NAM ĐỊNH) was established on 23 January 2018 and operates in Bao Minh Industrial Park, Nam Dinh Province. As a 100% foreign-invested enterprise owned by HERBERTON PRIVATE LIMITED of Singapore, the company is part of an international textile manufacturing network serving global garment supply chains. With approximately 2,000 employees, RAMATEX represents a large-scale industrial employer within the region.

The company specializes in the manufacture of knitted, crocheted, and non-woven fabrics, as well as garment processing and textile finishing. Its integrated production model supports both fabric manufacturing and apparel-related activities, positioning it within Vietnam’s export-oriented textile and garment ecosystem. The enterprise is led by Chairman cum General Director MA W. C., a Malaysian national, alongside CEO YIP K., a Singaporean executive, reflecting strong regional management oversight.

Financially, the company presents a mixed performance profile. Total assets reached USD 94.58 million, slightly decreasing year-on-year. Sales continued to grow, rising 8.85% to USD 69.29 million, indicating expanding production output. However, the company recorded a net loss of USD 6.26 million, and accumulated losses pushed owner’s equity to negative USD 13.12 million. Despite this, working capital improved sharply to USD 10.47 million, suggesting short-term liquidity has strengthened even as long-term capital structure remains under pressure.

The financial data indicate a company with solid revenue growth but ongoing profitability challenges, likely driven by cost structures, fluctuations in global textile demand, and competitive export pricing. Negative equity is a key structural risk factor that may require recapitalization or internal restructuring, particularly given the capital-intensive nature of textile manufacturing.

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