SOC TRANG SEAFOOD JOINT STOCK COMPANY

SOC TRANG SEAFOOD JOINT STOCK COMPANY: A Comprehensive Overview by VANGUARD BUSINESS INFORMATION LLC

VANGUARD BUSINESS INFORMATION LLC (VBI), a leading provider of financial and business intelligence, presents an in-depth analysis of SOC TRANG SEAFOOD JOINT STOCK COMPANY (STAPIMEX). As one of Vietnam’s largest seafood processing companies, STAPIMEX plays a crucial role in the country’s seafood export industry. VBI specializes in delivering accurate, reliable, and comprehensive company reports, helping businesses minimize risks and maximize opportunities when engaging with key industry players like STAPIMEX.

Company Legal Status and Structure

SOC TRANG SEAFOOD JOINT STOCK COMPANY is a joint stock company (JSC) registered in Vietnam under Business ID 2200108445. Established on May 8, 2006, STAPIMEX has been operating for over 18 years, positioning itself as a leading processor and exporter of seafood products. The company is publicly held and trades over-the-counter (OTC).

As VANGUARD BUSINESS INFORMATION LLC continuously monitors business risks and market dynamics, it recognizes STAPIMEX as a stable and active enterprise in Vietnam’s seafood industry.

Key Personnel

STAPIMEX is led by experienced professionals who drive the company’s growth and sustainability.

• Chairman & Vice General Director: Tran Van Pham – A seasoned leader overseeing the company’s strategic direction.
• General Director: Ta Van Vung – Responsible for the company’s operational and financial performance.
• Deputy Chairman: Tran Van Bang – Plays a crucial role in corporate governance and business development.

Through VBI’s analysis, businesses can gain a deeper understanding of STAPIMEX’s leadership structure, allowing for informed decision-making when considering partnerships or investments.

Financial Performance

As a company focused on minimizing business risks, VBI highlights STAPIMEX’s financial health through key metrics:

• Total Assets (2023): $147.64 million (+33.62% YoY)
• Equity (2023): $107.36 million (+19.14% YoY)
• Revenue (2023): $291.31 million (-10.29% YoY)
• Profit (2023): $20.13 million (-11.69% YoY)

Despite a decline in sales and profit, STAPIMEX maintains a strong equity position, demonstrating financial stability. VBI emphasizes that such fluctuations are common in the seafood industry due to market demand shifts and export conditions.

Business Operations & Competitive Edge

STAPIMEX specializes in processing and preserving fisheries and fishery products, focusing on shrimp-related production. The company’s diversified business activities include:

• Processing and trading shrimp products
• Manufacturing shrimp feed and breeding shrimp stock
• Short-term accommodation and restaurant services
• Wholesale of agricultural and food products

By utilizing VANGUARD BUSINESS INFORMATION LLC’s business intelligence services, investors and suppliers can gain reliable and comprehensive insights into STAPIMEX’s operations, ensuring transparency and minimizing risks in business engagements.

Shareholders & Ownership Structure

STAPIMEX has a diverse shareholder base, with key stakeholders including:

• Ta Van Vung: 21.33%
• Nguyen Thi Bay: 17.61%
• Tran Nguyen Hoang Phu: 4.9%
• Other Shareholders: 56.16%

As part of VBI’s mission to provide transparent and accountable business information, understanding STAPIMEX’s ownership structure allows potential investors to assess the company’s governance and decision-making processes.

Conclusion

VANGUARD BUSINESS INFORMATION LLC identifies SOC TRANG SEAFOOD JOINT STOCK COMPANY as a key player in Vietnam’s seafood export industry. Despite revenue challenges, STAPIMEX demonstrates financial resilience, making it a viable business partner. Through VBI’s reliable and accurate business intelligence reports, companies can reduce risks and make informed financial decisions when engaging with STAPIMEX.

For further insights and due diligence, visit vnbis.com to access VBI’s comprehensive business information services.