SEOJIN VIET NAM LIMITED COMPANY (CÔNG TY TNHH SEOJIN VIỆT NAM) is a South Korean-invested manufacturer based in Bac Giang Province, Vietnam, operating under Business Registration Number 2400859625. Established in March 2019, this one-member limited liability company has grown rapidly in both size and industrial significance. It specializes in manufacturing and casting aluminum and other metal components used in electronics, telecommunications, and electrical devices, with key operations centered in multiple industrial parks across Bac Giang.

SEOJIN VIET NAM LIMITED COMPANY is wholly owned by SEOJIN SYSTEM CO., LTD of South Korea. Its current General Director, Mr. JUN DONGKYU, oversees a workforce of approximately 6,000 employees. The company holds a charter capital equivalent to over USD 101 million, with USD 91 million paid-up as of the end of 2023. Legal registration was approved by the Department of Planning and Investment of Bac Giang Province, where the company remains actively operational.

From a financial perspective, the company presents an interesting duality. While total assets surged to over USD 610 million in 2023—up 45.61% year-over-year—net profit fell significantly to USD 23.79 million, down 25% from the previous year. Likewise, although total sales rose to USD 281.5 million, growth in profitability has not kept pace with asset expansion or revenue gains. The company’s equity increased by 15.8% to USD 174.35 million, reflecting ongoing capital injection or retained earnings, but the downward trend in earnings suggests mounting cost pressures or margin erosion.

These financials highlight a company that is aggressively scaling but possibly at the expense of efficiency. Proportional profit returns do not currently match the impressive asset growth and industrial expansion. Such imbalances warrant close monitoring by any stakeholders involved. For example, the negative trend in profit over consecutive years—despite strong top-line performance—may impact future creditworthiness or investment appeal.

The range of business activities registered under SEOJIN VIET NAM LIMITED COMPANY is extensive. It includes casting of non-ferrous metals, machining, coating, manufacturing of electric motors and control apparatus, industrial machinery installation, and wholesale of metal ores. This diversified scope gives the company flexibility across supply chains but also adds complexity in operations.

For financial institutions, suppliers, or credit insurers interested in this enterprise, it is highly recommended to obtain a full Company Report, especially one supported by real-time Vietnam Financial Data and independent Business Verification Services. Given the volatility in profit and the scale of ongoing investments, a detailed analysis through Risk Management Services is prudent.

SEOJIN VIET NAM LIMITED COMPANY reflects the ambition and challenges of many fast-growing FDI manufacturers in Vietnam: expanding quickly, investing heavily, and navigating the balance between scale and sustainability.