SAO MAI GROUP CORPORATION
ActiveSAO MAI GROUP CORPORATION
ActiveSAO MAI GROUP CORPORATION
ActiveSummary
SAO MAI GROUP CORPORATION, known in Vietnamese as CÔNG TY CỔ PHẦN TẬP ĐOÀN SAO MAI, is one of Vietnam’s most diversified and ambitious joint stock companies, headquartered in Long Xuyen City, An Giang Province. Established on March 5, 1997, the group has grown into a nationally recognized conglomerate with business operations spanning across agriculture, aquaculture, energy, real estate, tourism, and infrastructure.
Listed on the Ho Chi Minh City Stock Exchange under the ticker ASM, SAO MAI GROUP operates with a charter capital of over USD 152 million and employs more than 400 people. Its leadership team is composed of seasoned entrepreneurs including Mr. LE V. T. (Chairman), Mr. LE T. A. (General Director), and Mr. NGUYEN V. H. (Deputy Chairman), who have spearheaded its transformation from a regional player into a major industrial force in the Mekong Delta and beyond.
The group’s main activities include the manufacture of feeds for cattle, poultry, and aquatic animals, processing of fishmeal and fish oil, real estate development, solar power investment, and hospitality services. It maintains key business hubs in Hanoi, Ho Chi Minh City, and Ba Ria - Vung Tau, reinforcing its strategic presence throughout Vietnam.
In 2023, SAO MAI reported total assets of approximately USD 834 million and revenues of nearly USD 492 million. Despite a year-on-year dip in revenue and a sharp decline in profit to USD 10.34 million, the company retained strong fundamentals, including a stable equity base of over USD 321 million and working capital exceeding USD 118 million.
With a robust yet diversified portfolio and a vision rooted in sustainable development, SAO MAI GROUP continues to position itself as a critical driver in Vietnam’s food security, renewable energy, and infrastructure modernization efforts.
Legal Profile
Contacts
+ LE V.T
+ LE T.A
+ NGUYEN V.H
+ TRUONG V.T
+ LE N.H.A.D
+ LE V.C
+ LE X.Q
+ LE T.P
+ TRUONG C.K
+ NGO T.T.N
Business Sector
Key business lines:
Industry Sales Growth
-0.24%
22.30%
Companies by industry
29,380
1.0101%
Key Industry Players
Payment History
Financial Performance
| Assets | -31.56% |
| Owner’s Equity | -63.71% |
| Working Capital | 86.53% |
| Net Worth | -23.59% |
| Sales | 2.79% |
| Operating income | -79.52% |
| EBIT | -89.84% |
| Gross Profit Margin | 1.37% |
| Debt to EBITDA | 66.81% |