SUCDEN COFFEE VIETNAM COMPANY LIMITED

SUCDEN COFFEE VIETNAM COMPANY LIMITED (CÔNG TY TNHH SUCDEN COFFEE VIỆT NAM) is a 100% foreign-owned enterprise established on March 18, 2008, with over 17 years of experience in Vietnam’s coffee processing and export sector. Registered under Business ID and Tax Code 6000706357, the company’s head office is located in Tan An 2 Industrial Cluster, Buon Ma Thuot City, Dak Lak Province—Vietnam’s coffee heartland—with a representative office in District 1, Ho Chi Minh City. The company is a subsidiary of SUCDEN COFFEE B.V., a global coffee trading group headquartered in the Netherlands.

As of the end of 2023, SUCDEN COFFEE VIETNAM COMPANY LIMITED reported total assets of USD 52.82 million, down 24.97% year-over-year, signaling a substantial contraction following a peak year in 2022. The company’s sales revenue in 2023 reached USD 103.71 million, a notable decline of 18.71% compared to the previous year. Most strikingly, the company's profit plummeted by 99.86%, from over USD 603,000 in 2022 to just USD 816 in 2023, despite stable operational status and workforce size (120 employees). Equity also dipped slightly to USD 4.33 million, reflecting a modest 3.95% decrease.

General Director Mr. Nguyen P. H., a Vietnamese national, leads the company’s operations. Although SUCDEN COFFEE VIETNAM COMPANY LIMITED continues to play a role in sourcing, processing, and exporting coffee beans, the recent financial data indicates severe pressure on profitability. This could be attributed to declining global coffee prices, rising operational costs, or shifts in trading margins.

While SUCDEN COFFEE VIETNAM COMPANY LIMITED remains active and backed by a major international parent, its current financials raise questions regarding liquidity, efficiency, and earnings stability. Credit managers and trade partners should approach with caution, especially when considering extended payment terms or credit limits. The erosion of profits despite high turnover is a critical red flag that warrants further due diligence.

To gain deeper insight into the company’s creditworthiness, operational integrity, and legal standing, stakeholders are strongly advised to consult a comprehensive business report from Vanguard Business Information (VNBIS). VNBIS offers tailored business intelligence, risk management tools, and verification services to support safe business decisions in Vietnam’s complex trade environment.