SON LA SUGAR JOINT STOCK COMPANY

SON LA SUGAR JOINT STOCK COMPANY (stock symbol: SLS) is a long-established sugar producer in northern Vietnam, with deep roots in Son La Province’s agricultural economy and a fully integrated sugarcane value chain.

Legal status and background.
SON LA SUGAR JOINT STOCK COMPANY (Vietnamese name: CÔNG TY CỔ PHẦN MÍA ĐƯỜNG SƠN LA) is a publicly held joint stock company, registered with the Son La Province Department of Planning and Investment. The company has operated for more than 17 years in its current corporate form and traces its origins back to earlier sugar production facilities established in the province during the 1990s. Its shares are listed on the Hanoi Stock Exchange (HNX) under the ticker SLS, reflecting a relatively high level of transparency compared with many regional agribusinesses.

Management and governance.
The company is chaired by Mr. Dang V. A., with executive management led by Mr. Tran N. H. (Deputy Chairman cum General Director). The executive team also includes Mr. Thai V. H. as Deputy General Director. This leadership structure combines long-standing industry experience with continuity in local operations, which is critical in a sector closely tied to farming cycles and regional supply networks.

Operations and business scope.
SON LA SUGAR’s core activity is the manufacture and trading of sugar, supported by a broader ecosystem that includes sugarcane cultivation, post-harvest services, and agricultural inputs. The company also trades selected by-products and related goods, helping to stabilize revenue across different stages of the agricultural cycle. Its head office and main production facilities are located along National Road 6 in Mai Son District, Son La Province—close to key sugarcane growing areas.

General financial profile.
From a financial standpoint, SON LA SUGAR operates at a large domestic scale within Vietnam’s sugar industry. Total assets are close to USD 70 million, while equity exceeds USD 60 million, indicating a very strong capital base. Annual revenue is around USD 60 million, and profitability is robust, with net profit above USD 20 million. Liquidity is also notable, as working capital is substantial, supporting procurement from farmers and inventory management during peak harvest seasons. Although sales can fluctuate with sugar prices and crop yields, the company’s balance sheet strength provides a significant buffer against cyclical volatility.

Overall, SON LA SUGAR JOINT STOCK COMPANY stands out as a well-capitalized, profitable, and regionally strategic sugar producer, combining agricultural integration, public-company governance, and solid financial fundamentals in Vietnam’s competitive sugar market.