SACOM WIRES AND CABLES JOINT STOCK COMPANY

Sacomwires and Cables Joint Stock Company is a private Vietnamese manufacturer specializing in electronic and electrical wires, cables, and related industrial components. Since its establishment in 2011, the company has grown into a supplier serving telecommunications, power distribution, construction, and industrial customers across Vietnam. With headquarters in Dong Nai and additional presence in Ha Noi and Ho Chi Minh City, the company maintains geographic coverage that supports both manufacturing activities and the distribution of cable products.

The company employs approximately 300 workers and operates within the Sam Holdings corporate group, benefiting from synergies in procurement, distribution, and industrial capabilities. Its product range extends from traditional copper cables to fiber optic lines and wiring devices, enabling it to serve both legacy and modern infrastructure requirements.

Leadership and Shareholders

The company is led by Nguyen T. H., General Director, who oversees operational management, production planning, and commercial development. Under his direction, the company coordinates manufacturing across multiple categories while maintaining compliance with technical standards applicable to electrical and telecommunications products.

Ownership is concentrated under Sam Holdings Corporation, which controls 99.92 percent of the charter capital. The remaining 0.08 percent is held by other domestic shareholders. As of the end of 2024, charter capital and paid up capital were fully contributed at USD 20.54 million, reflecting long term investment from the parent organization and stable capitalization.

Financial Growth and Market Risks

In 2023, Sacomwires and Cables achieved revenue of approximately USD 81.44 million, representing continued growth from the prior year. Total assets decreased slightly while equity increased modestly, supported by consistent profitability. Although the company maintained positive earnings, it operates in a sector shaped by input price volatility, particularly in copper and aluminum, as well as fluctuations in construction activity and investment in telecommunications infrastructure.

Vietnam’s electrical and telecommunications supply chain is competitive, with pressure from imported alternatives and evolving standards that require ongoing investment in technology and production capacity. Exposure to raw material markets and cyclical demand introduces financial risk that varies from year to year. A full evaluation of liquidity, credit strength, and long term financial sustainability is available in the VNBIS Company Comprehensive Report, which provides deeper insight for investors and commercial partners.

Business Intelligence and Risk Outlook

Sacomwires and Cables benefits from its ties to Sam Holdings, which provides operational stability and access to a wide network of industrial partners. Its manufacturing base in Dong Nai positions the company near major logistics corridors, supporting timely delivery to customers and efficient access to southern Vietnam’s industrial zones.

The company’s outlook is shaped by ongoing investment in national telecommunications expansion, power grid upgrades, and industrial development. Demand for fiber optic products is expected to remain a key area of opportunity as Vietnam accelerates digitalization through both public and private sector initiatives. Continued investment in quality control, modernization of production lines, and diversification of product categories will be essential for maintaining competitive strength in an evolving sector.

VNBIS Support and Business Services

Vanguard Business Information LLC (VNBIS) provides a comprehensive range of professional business intelligence solutions to support investors and partners in evaluating Sacomwires and Cables Joint Stock Company and its financial and operational position.

VNBIS services include:

• Company Credit Reports evaluating solvency, liquidity, and financial health
• Risk Management Solutions analyzing market exposure, capital structure, and profitability trends
• Business Verification and Due Diligence Reports confirming ownership, compliance, and governance records

Through these services, VNBIS enables clients to make secure, transparent, and data driven business decisions.