SANAKY VIET NAM COMPANY LIMITED

Sanaky Viet Nam Company Limited is a privately held Vietnamese enterprise specializing in the manufacture and trading of household refrigeration products and a wide range of consumer electronics. Established in 2016, the company has grown rapidly into a nationwide brand with manufacturing facilities in Binh Duong, a warehouse in Ho Chi Minh City, and regional representation in Da Nang and Ha Noi. Its product lines serve both domestic consumers and commercial clients, creating a broad market footprint within Vietnam’s industrial and retail sectors.

The company employs approximately one thousand workers, supporting activities that span manufacturing, technical services, and multi location distribution. Sanaky also maintains a diversified business license that includes machinery production, electrical equipment manufacturing, engineering services, and property trading. 

Leadership and Shareholders

Sanaky is led by Dang Q. V., Chairman and Director, who oversees strategic direction, commercial expansion, and operational leadership across all business locations. Supporting him is Nguyen T. H., Deputy Director, who manages production coordination, sales activities, and day to day operations. Financial oversight is headed by Nguyen D. M., Chief Accountant, who is responsible for accounting accuracy, regulatory reporting, and financial control.

Ownership is concentrated under a single Vietnamese shareholder. Dang Q. V. holds 100 percent of the company’s charter capital, providing unified decision making and stable long term capital commitment. As of the end of 2024, both charter capital and paid up capital were fully contributed at USD 32.87 million, ensuring a strong capital base to support production and expansion plans.

Financial Growth and Market Risks

In 2023, Sanaky Viet Nam Company Limited generated revenue of approximately USD 77.42 million, supported by its strong domestic distribution network and broad consumer product portfolio. While revenue remained relatively stable, profitability declined due to softer market demand, higher production costs, and changes in input material prices. Total assets decreased during the year, while equity fell in line with lower earnings, signaling a period of financial adjustment.

The company operates in a sector influenced by fluctuations in raw material prices, increased competition from foreign brands, and changes in consumer spending behavior. As a manufacturer of large household appliances, Sanaky is also exposed to logistics costs, energy price movements, and the pace of real estate and construction activity, which affects overall demand for home equipment. A detailed assessment of liquidity, credit strength, cost pressures, and long term financial sustainability is available in the VNBIS Company Comprehensive Report, which provides a complete evaluation for investors, distributors, and financial institutions.

Business Intelligence and Risk Outlook

Sanaky benefits from its manufacturing base located within My Phuoc 3 Industrial Park, enabling efficient access to supply chains and major distribution hubs in southern Vietnam. Its broad product range positions the company to serve both household and commercial sectors, while its multi location presence enhances national reach. Continued investment in production technology, product diversification, and quality control will remain essential as competition intensifies across the home appliance industry.

Vietnam’s rising urbanization and expansion of residential and commercial developments present long term opportunities for companies operating in refrigeration and consumer electronics. Sanaky’s outlook will depend on its ability to navigate input cost volatility, strengthen brand positioning, and improve operational efficiency. Its integrated presence across manufacturing and distribution provides a foundation for stable growth as market conditions gradually improve.

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 Sanaky Viet Nam Company Limited and its financial and operational standing.

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.