SON DONG COMPANY LIMITED

SON DONG COMPANY LIMITED (CÔNG TY TNHH SƠN ĐÔNG) is a long-established trading enterprise headquartered at D16, Thăng Long International Village, Dịch Vọng Ward, Cầu Giấy District, Hà Nội, operating under Business ID 0500414658. Founded on 9 January 2002, the company has grown into a significant distributor in Vietnam’s tobacco-wholesale segment, supported by a workforce of 600 employees and more than 23 years of operational experience.

The company is privately held with a concentrated ownership structure. Mr. Trinh V. T. owns 65% and serves as General Director, while Ms. Vu T. H. holds 25% and Mr. Trinh V. K. holds 10%. Daily financial operations are managed by Chief Accountant Ms. Dang T. T. T.

SON DONG COMPANY LIMITED maintains a charter capital of USD 20.54 million, and its financial performance reflects both resilience and cyclical volatility typical of high-volume trading businesses. In 2023, the company recorded:

• Total assets: USD 36.78 million

• Equity: USD 22.74 million

• Sales: USD 100.13 million

• Net profit: USD 3.22 million

• Working capital: USD 20.32 million

Although revenue dipped slightly by 2.59%, the company achieved a strong turnaround in profitability, with profit rising 164.4% year-on-year. Asset growth rebounded by 18.76%, and equity increased by 4.51%, signaling a strengthening financial base after two years of contraction.

Operationally, SON DONG primarily focuses on the wholesale of tobacco and Aztec tobacco products. Still, its registered activities span a broad spectrum, including warehousing, road freight transport, packaging services, construction, beverage manufacturing, metal processing, and brokerage services. This diversified business registration provides flexibility, though the company’s core revenue remains centered on tobacco distribution.

From a credit-risk perspective, SON DONG COMPANY LIMITED presents low-to-moderate exposure. Its strong equity position, large working-capital base, and extended operating history support overall stability. However, the company’s profitability has shown historical volatility, and its reliance on the tobacco wholesale market — a sector sensitive to regulatory conditions — requires continued monitoring.

Overall, SON DONG COMPANY LIMITED stands as a financially solid and well-established distributor with a strengthened profit outlook heading into the next operating cycle. An updated VNBIS report can help clients evaluate the company’s most recent financial trends and credit-risk indicators.