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REGENT GARMENT FACTORY LIMITED

Active

Business ID 0800291164

REGENT GARMENT FACTORY LIMITED

Active

Business ID 0800291164

REGENT GARMENT FACTORY LIMITED

Active

Summary

Name:

REGENT GARMENT FACTORY LIMITED

Business ID (TIN):

0800291164

Date of Registration:

31 Dec 2003

Registered Office:

Hai Duong Province Department of Planning and Investment

Address:

Nam Sach Industrial Park, Ai Quoc Ward, Hai Duong City, Hai Duong Province, Vietnam

Financial Statement:

2020, 2021, 2022, 2023, 2024

REGENT GARMENT FACTORY LIMITED (CÔNG TY TNHH MAY TINH LỢI): A Giant in Vietnam’s Garment Industry Is Bleeding Revenue but Still Profitable

REGENT GARMENT FACTORY LIMITED, with Business ID 0800291164, has been a major force in Vietnam’s textile export industry for over 21 years. Based in Hai Duong Province, the company is a 100% foreign-owned entity held by CRYSTAL TRADING LIMITED, based in Bermuda. The company is known locally as CÔNG TY TNHH MAY TINH LỢI and operates with a workforce of over 17,200 employees.

The financial numbers from 2023 are both shocking and telling. Total sales plunged by nearly 15%, down to USD 190.38 million. That’s a drop of more than USD 30 million in a single year. Total assets also dropped by almost 12%, falling to USD 189.92 million. The company is clearly scaling back — whether by necessity or strategy, the report doesn’t say. Either way, this is not a good sign for a manufacturing giant in a fiercely competitive global market.

But here’s where it gets interesting. Despite the falling revenue, REGENT GARMENT FACTORY LIMITED made a strong comeback in profits. The company earned USD 7.98 million in 2023 — up 47.5% from the previous year. That’s not something you see every day: shrinking sales, shrinking assets, but higher profits. It raises important questions: Has REGENT slashed costs? Increased efficiency? Or is it riding short-term contract advantages? Whatever the cause, the margin recovery is real.

The company’s equity has been climbing slowly but steadily, now at USD 116.19 million. Net worth sits at USD 97.51 million, a sign that the firm is far from financially distressed. Working capital is healthy at USD 47.86 million, providing liquidity for operations, even during revenue shocks.

REGENT GARMENT FACTORY LIMITED is engaged in a wide range of activities, from the processing of ready-made garments for export to the production of knitted fabrics, washing, printing, and textile finishing. With multiple facilities across Hai Duong Province and a legacy of global outsourcing contracts, the firm plays a key role in Vietnam's apparel export economy.

However, the numbers cannot be sugarcoated. The decline in sales and asset value shows something deeper is shifting. Global demand may be slowing. Or the company is rebalancing production. Or perhaps, big buyers are pulling out. These are warning signs — not necessarily of collapse, but of real change.

Anyone looking to partner with or supply REGENT GARMENT FACTORY LIMITED should examine its financial trend closely. A full Company Report, combined with reliable Vietnam Financial Data and continuous Risk Management Services, is vital. Don’t be fooled by one good profit year. Sustainable strength comes from consistency — not just one rebound.

For a more comprehensive view of REGENT and companies like it, VANGUARD BUSINESS INFORMATION LLC (VBI) offers trusted Business Verification Services to help assess credit risk, ownership structure, and long-term viability.

Legal Profile

English Name:

REGENT GARMENT FACTORY LIMITED

Vietnamese Name:

CÔNG TY TNHH MAY TINH LỢI

Short Name:

REGENT

Business ID (TIN):

0800291164

Date of Registration:

31 Dec 2003

Registered Office:

Hai Duong Province Department of Planning and Investment

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

+ CHAN I.L

+ CHIN K.S.R

Address:

Nam Sach Industrial Park, Ai Quoc Ward, Hai Duong City, Hai Duong Province, Vietnam

Transaction office:

Lai Vu Industrial Park, Hai Phong City, Vietnam

Factory Address:

Nguyen Giap Industrial Cluster, Hai Phong City, Vietnam

Business Sector

Key business lines:

VSIC:

1313 Finishing of textiles

NACE:

13.30 Finishing of textiles

Industry Sales Growth

CAGR (2019 - 2023)

2.92%

YoY (2023)

-12.04%

Companies by industry

Company distribution and propportions

1,029

0.0354%

Key Industry Players

Top 10 companies in finishing of textiles industry

tuong long denim company limited haianhtex joint stock company minh hung tien giang company limited t.m vina co.,ltd da luen (việt nam) co., ltd you young vina co., ltd namtex co., ltd shimada shoji (vietnam) co., ltd. winnitex vietnam textile limited sama industries vina company limited

Payment History

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Financial Performance

Assets	-57.19%
Owner’s Equity	12.97%
Working Capital	95.51%
Net Worth	-46.87%
Sales	-27.17%
Operating income	-65.32%
EBIT	14.14%
Gross Profit Margin	-36.88%
Debt to EBITDA	96.29%

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Specific Questions About REGENT GARMENT FACTORY LIMITED

When did REGENT GARMENT FACTORY LIMITED start operating?

REGENT GARMENT FACTORY LIMITED was started in 31 Dec 2003

What industry does REGENT GARMENT FACTORY LIMITED operate in?

REGENT GARMENT FACTORY LIMITED is operating in "Finishing of textiles" industry

How can I contact REGENT GARMENT FACTORY LIMITED?

REGENT GARMENT FACTORY LIMITED don't share phone numbers information

What adverse news is there about REGENT GARMENT FACTORY LIMITED?

REGENT GARMENT FACTORY LIMITED’s has no negative news

What is stock symbol of REGENT GARMENT FACTORY LIMITED?

REGENT GARMENT FACTORY LIMITED is not listed company

Where is the location of REGENT GARMENT FACTORY LIMITED?

REGENT GARMENT FACTORY LIMITED is located at Nam Sach Industrial Park, Ai Quoc Ward, Hai Duong City, Hai Duong Province, Vietnam

What is REGENT GARMENT FACTORY LIMITED’s business registration?

REGENT GARMENT FACTORY LIMITED business registration is 0800291164

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REGENT GARMENT FACTORY LIMITED

REGENT GARMENT FACTORY LIMITED

REGENT GARMENT FACTORY LIMITED

Summary

REGENT GARMENT FACTORY LIMITED (CÔNG TY TNHH MAY TINH LỢI): A Giant in Vietnam’s Garment Industry Is Bleeding Revenue but Still Profitable

Legal Profile

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Industry Sales Growth

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When did REGENT GARMENT FACTORY LIMITED start operating?

What industry does REGENT GARMENT FACTORY LIMITED operate in?

How can I contact REGENT GARMENT FACTORY LIMITED?

What adverse news is there about REGENT GARMENT FACTORY LIMITED?

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What is REGENT GARMENT FACTORY LIMITED’s business registration?

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REGENT GARMENT FACTORY LIMITED

REGENT GARMENT FACTORY LIMITED

REGENT GARMENT FACTORY LIMITED

REGENT GARMENT FACTORY LIMITED (CÔNG TY TNHH MAY TINH LỢI): A Giant in Vietnam’s Garment Industry Is Bleeding Revenue but Still Profitable

Related Entity

Business Sector

Key business lines:

Industry Sales Growth

Companies by industry

Key Industry Players

Payment History

Financial Performance

Company Reports

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

When did REGENT GARMENT FACTORY LIMITED start operating?

What industry does REGENT GARMENT FACTORY LIMITED operate in?

How can I contact REGENT GARMENT FACTORY LIMITED?

What adverse news is there about REGENT GARMENT FACTORY LIMITED?

What is stock symbol of REGENT GARMENT FACTORY LIMITED?

Where is the location of REGENT GARMENT FACTORY LIMITED?

What is REGENT GARMENT FACTORY LIMITED’s business registration?

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