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RICHY GROUP JOINT STOCK COMPANY

Active

Business ID 0110216435

84-24 / 39284706

RICHY GROUP JOINT STOCK COMPANY

Active

Business ID 0110216435

84-24 / 39284706

RICHY GROUP JOINT STOCK COMPANY

Active

Summary

Name:

RICHY GROUP JOINT STOCK COMPANY

Business ID (TIN):

0110216435

Date of Registration:

27 Dec 2022

Address:

15th Floor, Richy Building, Group 32, Yen Hoa Ward, Cau Giay District, Ha Noi City, Vietnam

Phone:

84-24 / 39284706

Financial Statement:

2023, 2024

RICHY GROUP JOINT STOCK COMPANY is a young but fast scaling participant in Vietnam wholesale food distribution industry. From its headquarters on the fifteenth floor of the Richy Building in Cau Giay District, Ha Noi, RICHY GROUP JOINT STOCK COMPANY has moved quickly from registration to real market presence. RICHY GROUP JOINT STOCK COMPANY operates at the busy intersection of food circulation, logistics coordination and modern retail supply where speed, capital rotation and trust matter more than brand visibility.

Legal Identity and Ownership Structure

RICHY GROUP JOINT STOCK COMPANY was officially registered on 27 December 2022 as a joint stock company. The legal representative is Tran S. T. Ownership is widely distributed among Vietnamese shareholders, with no single individual holding more than a controlling minority. This dispersed structure often creates governance balance but also requires strong internal consensus for major capital and risk decisions, especially in a trading driven business where timing often determines profit or loss.

What the Company Actually Does in the Real Economy

The company core activity is wholesale of food. Beyond that, it holds an unusually wide range of registered business lines including food manufacturing, sugar and confectionery production, bakery products, packaging, warehousing, road freight transport and beverage distribution. This registration breadth reveals a strategic ambition that goes far beyond pure trading. It signals a roadmap toward vertical integration across the food supply chain where control over logistics, processing and packaging can become a long term margin stabilizer.

One Financial Signal That Explains the Market Position

In 2024, RICHY GROUP JOINT STOCK COMPANY recorded about $85.98 million in total sales. For a company barely two years old, this is a remarkable scale signal. From a positive perspective, it confirms rapid market penetration and strong trading velocity. From a critical perspective, it also implies extremely tight margins, heavy working capital dependence and high exposure to receivable collection speed, which is typical for fast growing food wholesalers.

Why the Food Wholesale Industry Is Becoming More Strategic

Vietnam food distribution is no longer a fragmented wet market system. It is becoming a structured circulation network connecting importers, processors, warehouses, modern retailers and cross border supply chains. Rising urbanization, growth of convenience stores and expansion of modern grocery platforms are reshaping how food moves through the economy. Companies like RICHY GROUP JOINT STOCK COMPANY sit at the center of this transformation where logistics reliability and capital discipline increasingly define competitive advantage.

On a global level, food security, supply chain resilience and cost efficiency are now strategic priorities. This pulls food wholesalers into a world demand framework rather than a purely domestic trading loop. What happens in international grain, sugar and packaged food markets increasingly echoes into local wholesale margins.

Where Opportunity and Risk Move Together

The upside lies in continued consumption growth, retail modernization and vertical integration into processing and logistics. The risk lies in margin compression, credit exposure, food safety regulation tightening and sudden cost shocks in global food inputs. For a fast scaling wholesaler, the greatest danger is not lack of demand. It is losing control of cash flow while demand is expanding.

Why RICHY GROUP Is Quietly Interesting to Watch

Most food wholesalers grow slowly through regional networks. RICHY GROUP JOINT STOCK COMPANY has grown at national scale speed within a very short operating period. This alone makes it an unusual case in Vietnam trading landscape. Whether the company evolves into a vertically integrated food distribution platform or remains a high velocity trading house will depend entirely on how well it converts its current market traction into durable financial structure.

VNBIS Insight Preview and Access to the Full Report

This public overview highlights RICHY GROUP JOINT STOCK COMPANY as a rapid scale food wholesale platform moving quickly into Vietnam modern food supply system, without disclosing confidential supplier contracts, customer credit terms or internal pricing mechanics. The full VNBIS Company Comprehensive Report provides verified legal status, shareholder validation, multi year financial layering, liquidity behavior, solvency indicators and counterparty payment risk assessment.

For those seeking deeper verification before any investment, partnership, or credit decision,
THE FULL REPORT IS AVAILABLE AT www.vnbis.com.
You can also BOOK A COMPLIMENTARY CONSULTATION AT https://vnbis.com/contact/

Legal Profile

English Name:

RICHY GROUP JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN RICHY GROUP

Short Name:

RICHY GROUP

Business ID (TIN):

0110216435

Date of Registration:

27 Dec 2022

Operation Status:

Active

Contacts

Key Decision Makers:

TRẦN S.T

Address:

15th Floor, Richy Building, Group 32, Yen Hoa Ward, Cau Giay District, Ha Noi City, Vietnam

Phone:

84-24 / 39284706

Business Sector

Key business lines:

VSIC:

4632 Wholesale of food

Industry Sales Growth

CAGR (2019 - 2023)

5.66%

YoY (2023)

9.55%

Companies by industry

Company distribution and propportions

51,973

1.7874%

Key Industry Players

Top 10 companies in wholesale of food industry

daitanviet joint stock company masan consumer corporation mesa asia pacific trading services company ltd fruit-vegetable export-import joint stock company th food chain joint stock company tin phat trading and construction investment joint stock company herbalife vietnam single member limited liability company archer daniels midland vietnam company limited tuan loc commodities company limited vietnam cavi agricultural joint stock company

Payment History

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Financial Performance

Assets	47.68%
Owner’s Equity	80.34%
Working Capital	1.92%
Net Worth	80.18%
Sales	8.35%
Operating income	-55.44%
EBIT	-4.91%
Gross Profit Margin	61.15%
Debt to EBITDA	-94.57%

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Specific Questions About RICHY GROUP JOINT STOCK COMPANY

When did RICHY GROUP JSC start operating?

RICHY GROUP JSC was started in 27 Dec 2022

What industry does RICHY GROUP JSC operate in?

RICHY GROUP JSC is operating in "Wholesale of food" industry

How can I contact RICHY GROUP JSC?

RICHY GROUP JSC phone numbers is 84-24 / 39284706

What adverse news is there about RICHY GROUP JSC?

RICHY GROUP JSC’s has no negative news

What is stock symbol of RICHY GROUP JSC?

RICHY GROUP JSC is not listed company

Where is the location of RICHY GROUP JSC?

RICHY GROUP JSC is located at 15th Floor, Richy Building, Group 32, Yen Hoa Ward, Cau Giay District, Ha Noi City, Vietnam

What is RICHY GROUP JSC’s business registration?

RICHY GROUP JSC business registration is 0110216435

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RICHY GROUP JOINT STOCK COMPANY