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SONG LAM CEMENT JOINT STOCK COMPANY

Active

Business ID 2900601487

84-238 / 6688 881

SONG LAM CEMENT JOINT STOCK COMPANY

Active

Business ID 2900601487

84-238 / 6688 881

SONG LAM CEMENT JOINT STOCK COMPANY

Active

Summary

Name:

SONG LAM CEMENT JOINT STOCK COMPANY

Business ID (TIN):

2900601487

Date of Registration:

15 Jul 2004

Registered Office:

Nghe An Province Department of Finance

Address:

Quyet Tam Hamlet, Hai Loc Commune, Nghe An Province, Vietnam

Phone:

84-238 / 6688 881

Financial Statement:

2020, 2021, 2022, 2023, 2024

SONG LAM CEMENT JOINT STOCK COMPANY (Công Ty Cổ Phần Xi Măng Sông Lam) is a prominent Vietnamese enterprise operating in the cement manufacturing industry, with over two decades of presence in the country’s industrial landscape. Established on July 15, 2004, the company is headquartered in Quyet Tam Hamlet, Nghi Thiet Commune, Nghi Loc District, Nghe An Province, Vietnam. Its strategic location in the central region of the country has positioned it as a key supplier to both northern and central construction markets.

The company operates under Business ID 2900601487 and is legally structured as a privately held joint stock company. With a paid-up charter capital of approximately USD 78.78 million, SONG LAM CEMENT has grown into one of the most well-capitalized cement producers in Vietnam. Its primary line of business is the manufacture of cement, lime, and plaster, though its registered activities span a wide range of sectors including real estate, mining, construction material distribution, warehousing, water and road transport, and even waste disposal. This diversification reflects a strategic vision to integrate vertically across the construction and logistics value chain.

As of the end of 2023, SONG LAM CEMENT employed around 1,300 workers and reported total assets of USD 523.13 million, marking a 7.86% increase compared to 2022. Sales revenue reached USD 272.66 million, up by 8.1% year-over-year. However, despite the asset and revenue growth, the company’s profitability declined significantly. Net profit dropped by 31.73% to USD 5.59 million, following a sharp decline of nearly 70% the previous year. This trend may indicate rising operational costs or pricing pressures in the cement industry. The company’s equity stood at USD 143.7 million, reflecting stability in shareholder value despite the falling profit margin.

SONG LAM CEMENT is chaired by Mr. Nguyen Ngoc Oanh, who also holds a symbolic ownership share. The operational leadership is managed by Director Mr. Hoang Minh Tuan. The company is predominantly owned by two major Vietnamese shareholders: VISSAI NINH BINH JOINT STOCK COMPANY with 83.61% and VISSAI HA NAM JOINT STOCK COMPANY with 16.38%. These ownership links to other regional cement producers suggest that SONG LAM CEMENT is part of a broader industrial group, potentially benefiting from shared resources, market access, and operational synergies.

The company operates a large cement plant in Bai Son Commune, Do Luong District, also in Nghe An Province, which is vital for regional infrastructure projects. Its extended business activities—ranging from freight transportation to land use rights and quarrying—indicate its ambition to become a comprehensive construction solution provider, not merely a materials manufacturer.

In summary, SONG LAM CEMENT JOINT STOCK COMPANY is a major player in Vietnam’s cement industry with strong financial backing, diversified operations, and a well-established manufacturing base. However, the significant decline in profitability over the past two years may pose challenges that require strategic adaptation. As Vietnam’s infrastructure development continues to accelerate, SONG LAM’s position within the national construction supply chain remains both relevant and influential.

For those seeking deeper insights into SONG LAM CEMENT or other major industrial players in Vietnam, VANGUARD BUSINESS INFORMATION LLC (VBI) offers in-depth credit reports, risk assessments, and corporate intelligence tools via https://www.vnbis.com.

Legal Profile

English Name:

SONG LAM CEMENT JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN XI MĂNG SÔNG LAM

Short Name:

SONG LAM.,JSC

Business ID (TIN):

2900601487

Date of Registration:

15 Jul 2004

Registered Office:

Nghe An Province Department of Finance

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ NGUYEN N.O

+ HOANG M.T

Address:

Quyet Tam Hamlet, Hai Loc Commune, Nghe An Province, Vietnam

Phone:

84-238 / 6688 881

Factory Address:

Bai Son Commune, Do Luong District, Nghe An Province, Vietnam

Business Sector

Key business lines:

VSIC:

2394 Manufacture of cement, lime and plaster

NACE:

23.5 Manufacture of cement, lime and plaster

Industry Sales Growth

CAGR (2019 - 2023)

-5.33%

YoY (2023)

-7.46%

Companies by industry

Company distribution and propportions

679

0.0234%

Key Industry Players

Top 10 companies in manufacture of cement, lime and plaster industry

chinfon cement corporation nghi son cement corporation siam city cement (vietnam) limited vicem ha tien cement joint stock company vicem hoang thach cement company limited vissai ninh bình joint stock company long son company limited song lam cement joint stock company xuan thanh cement joint stock company thanh thang group cement joint stock company

Payment History

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Financial Performance

Assets	-60.34%
Owner’s Equity	57.80%
Working Capital	19.16%
Net Worth	-19.32%
Sales	1.02%
Operating income	-27.84%
EBIT	-27.61%
Gross Profit Margin	7.32%
Debt to EBITDA	95.59%

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Specific Questions About SONG LAM CEMENT JOINT STOCK COMPANY

When did SONG LAM CEMENT JSC start operating?

SONG LAM CEMENT JSC was started in 15 Jul 2004

What industry does SONG LAM CEMENT JSC operate in?

SONG LAM CEMENT JSC is operating in "Manufacture of cement, lime and plaster" industry

How can I contact SONG LAM CEMENT JSC?

SONG LAM CEMENT JSC phone numbers is 84-238 / 6688 881

What adverse news is there about SONG LAM CEMENT JSC?

SONG LAM CEMENT JSC’s has 1 bad news

What is stock symbol of SONG LAM CEMENT JSC?

SONG LAM CEMENT JSC is not listed company

Where is the location of SONG LAM CEMENT JSC?

SONG LAM CEMENT JSC is located at Quyet Tam Hamlet, Hai Loc Commune, Nghe An Province, Vietnam

What is SONG LAM CEMENT JSC’s business registration?

SONG LAM CEMENT JSC business registration is 2900601487

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