SIKA LIMITED (VIETNAM)

SIKA LIMITED (VIETNAM) has been part of Vietnam’s construction materials and specialty chemicals market for more than 31 years, and during that time SIKA LIMITED (VIETNAM) has grown into one of the most recognizable foreign invested manufacturers in its field. Today, SIKA LIMITED (VIETNAM) operates from Nhon Trach Industrial Park in Dong Nai Province with about 400 employees, supplying construction chemicals and industrial solutions that support many of Vietnam’s largest infrastructure and housing projects.

Leadership and Global Ownership

The company is led by General Director Tran T. M. with financial oversight by Chief Accountant Nguyen T. K. SIKA LIMITED (VIETNAM) is fully owned by SIKA AG of Switzerland, one of the world’s leading construction chemicals groups. This 100 percent foreign ownership gives the Vietnam operation direct access to international technology, global quality standards and strong governance practices, while also holding it to strict performance and compliance expectations.

What the Company Makes and Where It Operates

SIKA LIMITED (VIETNAM) manufactures and trades specialty chemicals used in construction and vehicle related industries. Its product portfolio includes concrete additives, adhesives, waterproofing systems, protective coatings and other technical materials essential for modern construction. Beyond its main facility in Dong Nai, the company also operates a factory in Bac Ninh, a branch in Da Nang and a representative office in Ha Noi. This nationwide footprint allows the company to serve construction markets across northern, central and southern Vietnam efficiently.

Revenue Scale and Business Stability

In 2023, the company recorded revenue of $72.38 million, slightly lower than the previous year but still at a very solid level for a specialized manufacturing business. Profit reached $18.49 million, continuing a long trend of consistent profitability. What stands out most is the strong growth in assets and equity. Total assets climbed to $49.14 million while equity expanded to $37.23 million. These numbers show a business that continues to reinvest, strengthen its financial foundation and prepare for long term growth rather than short term gains.

Strong Balance Sheet and Healthy Liquidity

Working capital reached $24.4 million, a sharp increase from the previous year. This gives the company a comfortable liquidity position to manage raw materials, production cycles and customer payments without financial strain. For readers who are not financial specialists, this simply means the company has ample financial room to operate smoothly and withstand market fluctuations. Combined with rising equity, this reinforces the impression of a financially sound and well managed enterprise.

Why This Company Matters to Vietnam’s Construction Sector

SIKA LIMITED (VIETNAM) plays a quiet but critical role in Vietnam’s construction boom. While it does not build roads, bridges or towers itself, its products are embedded in many of those projects. Waterproofing systems, concrete additives and protective coatings are invisible to most people, yet they determine durability, safety and long term performance of buildings and infrastructure. With more than three decades of presence and stable financial results, the company represents the type of foreign investment that contributes both technology and long term commitment to Vietnam’s industrial development.

VNBIS Insight for Buyers Investors and Business Partners

VNBIS views SIKA LIMITED (VIETNAM) as a financially strong and operationally stable foreign invested manufacturer with long term positioning in Vietnam’s construction and industrial materials market. The VNBIS Company Comprehensive Report provides deeper insight into ownership verification, financial performance trends, solvency strength and operational scale. For investors, contractors, suppliers and international partners seeking reliable background intelligence before cooperation, GET THE FULL REPORT AT www.vnbis.com