R.E.E MECHANICAL & ELECTRICAL ENGINEERING JOINT STOCK COMPANY

R.E.E MECHANICAL & ELECTRICAL ENGINEERING JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN DỊCH VỤ & KỸ THUẬT CƠ ĐIỆN LẠNH R.E.E) is one of Vietnam’s leading engineering contractors in the mechanical and electrical (M&E) sector, specializing in industrial installation and systems integration. Headquartered at No. 364 Cong Hoa Street, Ward 13, Tan Binh District, Ho Chi Minh City, Vietnam, the company operates under Business ID: 0302660700, issued by the Ho Chi Minh City Department of Planning and Investment on August 15, 2007.

As a subsidiary of REFRIGERATION ELECTRICAL ENGINEERING CORPORATION (REE Corp) — which holds 90.91% ownership — the company benefits from the group’s solid reputation and diversified industrial portfolio. REE M&E JSC employs about 1,000 staff and maintains a representative office at ICON 4 Building, 17th Floor, No. 243A De La Thanh Street, Lang Ward, Hanoi City, ensuring nationwide coverage for major infrastructure and commercial projects.

Under the leadership of Mr. Huynh T. H. (Chairman) and Mr. Pham C. P. (Director), supported by Mr. Le T. A. K. (Chief Accountant), R.E.E M&E delivers comprehensive M&E engineering services covering HVAC, electrical, plumbing, sanitary, fire protection, and specialized utility systems. Its expertise extends to industrial machinery installation, power systems, and civil construction, serving clients in commercial complexes, factories, telecommunications infrastructure, and hydraulic projects.

Financially, the company reported total sales of USD 101.72 million in 2023, a 4.2% increase from the previous year, supported by steady project execution and client retention. Total assets stood at USD 89.48 million, down 16.2% year-on-year, while equity dropped to USD 8.17 million due to reinvestment and market volatility. Net profit decreased sharply to USD 782,384, down 86.1% from 2022, primarily due to rising input costs and delays in project settlements. Nevertheless, the company’s working capital of USD 6.98 million ensures continued liquidity for operations

Despite the short-term profit contraction, R.E.E M&E JSC maintains a robust project pipeline and continues to leverage the financial and operational support of its parent group, REE Corp. With over 18 years in the industry, the company has established itself as a trusted contractor for high-value infrastructure developments and M&E systems across Vietnam.

For business partners, contractors, and lenders seeking an in-depth understanding of R.E.E. MECHANICAL & ELECTRICAL ENGINEERING JSC’s 2024 performance, credit rating, and risk evaluation, an updated report is available from VNBIS (Vanguard Business Information LLC). This report provides valuable insights for risk management, trade credit decisions, and partnership assessment in Vietnam’s engineering and construction sectors.

Based on verified financial and operational data compiled and analyzed by VANGUARD BUSINESS INFORMATION LLC (VNBIS), a trusted provider of business intelligence and credit risk assessment in Vietnam.