SUNTORY PEPSICO VIETNAM BEVERAGE CO., LTD

SUNTORY PEPSICO VIETNAM BEVERAGE CO., LTD: A LEADER IN NON-ALCOHOLIC BEVERAGES 

Suntory PepsiCo Vietnam Beverage Co., Ltd (SPVB) is a leading manufacturer of non-alcoholic beverages and mineral waters in Vietnam. Established on September 27, 2007, the company has grown to become a key player in the beverage industry, with a strong presence across the country. Headquartered at the Sheraton Tower in Ho Chi Minh City, SPVB also operates branches in Hanoi and manufacturing facilities in Can Tho and Bac Ninh, ensuring a wide reach and efficient production capabilities. The company’s Tax Identification Number (TIN) is 0300816663, which is used for all tax-related transactions and compliance in Vietnam.

Financial Performance and Growth

As of December 31, 2023, Suntory PepsiCo Vietnam boasts total assets of USD 600.27 million, reflecting a year-on-year growth of 2.53%. The company’s owner’s equity stands at USD 367 million, marking a 2.87% increase from the previous year. SPVB generated USD 995.65 million in sales for the fiscal year 2023, representing a 2.05% increase compared to 2022. The company’s profit for the year was USD 136.98 million, an 8.08% increase from the previous year.

The company’s financial performance over the past three years shows a consistent upward trend in total assets, owner’s equity, sales, and profit. Total assets grew from USD 514.89 million in 2021 to USD 600.27 million in 2023. Owner’s equity also saw a significant increase, rising from USD 322.90 million in 2021 to USD 367 million in 2023. Sales and profits have experienced steady growth, with sales increasing from USD 715.90 million in 2021 to USD 995.65 million in 2023, and profits rising from USD 91.95 million in 2021 to USD 136.98 million in 2023.

Leadership and Ownership

Suntory PepsiCo Vietnam is led by General Director Mr. Jahanzeb Qayum Khan, a Pakistani national, and Chief Accountant Ms. Nguyen Thi Thu Loan, a Vietnamese national. The company is a wholly-owned subsidiary of Suntory PepsiCo Investment B.V., based in the Netherlands. This strong international backing has enabled SPVB to leverage global expertise and resources while tailoring its products and services to the Vietnamese market.

Business Activities and Market Position

SPVB’s core business activities revolve around the manufacture and trade of non-alcoholic beverages and mineral waters. The company offers a wide range of products, including soft drinks, mineral water, and other non-alcoholic beverages. With a focus on quality and innovation, SPVB has established itself as a trusted provider in the Vietnamese market, catering to the growing demand for refreshing and healthy beverages.

The company’s charter capital is USD 302.10 million, with a paid-up capital of USD 5.60 billion as of December 31, 2023. This strong capital base underscores SPVB’s financial stability and its ability to meet its obligations to customers and stakeholders.

Employee Base and Operational Reach

Suntory PepsiCo Vietnam employs 3,000 people, reflecting its commitment to creating jobs and contributing to the local economy. The company’s extensive network, including its head office in Ho Chi Minh City, branches in Hanoi, and manufacturing facilities in Can Tho and Bac Ninh, ensures that it can effectively serve customers across the country.

Vanguard Business Information LLC (VBI)

The report on Suntory PepsiCo Vietnam was provided by Vanguard Business Information LLC (VBI), a global leader in business intelligence and risk management. VBI provides detailed company reports on more than 80 million companies worldwide, offering insights into financial performance, ownership structures, and market positioning. VBI’s services are essential for businesses seeking to navigate complex regulatory environments and manage financial risks effectively. Key keywords associated with VBI’s risk management services include compliance monitoring, financial risk assessment, credit risk analysis, and market intelligence. For more information, visit VBI’s website at https://www.vnbis.com.

Conclusion

Suntory PepsiCo Vietnam Beverage Co., Ltd has solidified its position as a leading manufacturer of non-alcoholic beverages in Vietnam, backed by strong financial performance, international expertise, and a comprehensive range of products. With consistent growth in assets, equity, sales, and profits, SPVB is well-positioned to continue its growth trajectory and meet the evolving needs of its customers in Vietnam.

For more information, visit Suntory PepsiCo Vietnam’s official website at www.suntorypepsico.vn.