SWIFT 247 JOINT STOCK COMPANY

SWIFT 247 JOINT STOCK COMPANY is a privately held joint stock company headquartered on the 6th Floor, Vietjet Plaza Building, No. 60A Truong Son Street, Ward 2, Tan Binh District, Ho Chi Minh City. Established on 23 February 2019, SWIFT 247 JOINT STOCK COMPANY operates in the field of transportation support services, with its core activity focused on providing shipping and logistics solutions. The company is positioned within a dynamic segment of Vietnam’s rapidly expanding e-commerce and last-mile delivery market.

Financially, SWIFT 247 JOINT STOCK COMPANY presents a notable structure characterized by relatively modest total assets of approximately USD 2.13 million, while generating sales of around USD 90.72 million. This significant gap between asset size and revenue scale suggests a highly asset-light operating model, commonly seen in logistics platforms that leverage technology, outsourced fleets, and network partnerships rather than heavy capital investment. Profit reached approximately USD 32,462, indicating continued positive earnings, although lower than the previous reporting period.

Over several reporting cycles, total assets declined sharply from a much higher level to just above USD 2 million, while revenue expanded strongly from about USD 21 million to over USD 90 million. Owner’s equity gradually increased to approximately USD 1.69 million, reflecting retained earnings and capital stability. Working capital remained positive at roughly USD 651,175, supporting short-term operational liquidity. The financial pattern shows rapid scaling in turnover, but also highlights the need to monitor margin sustainability and operational cost efficiency.

The charter capital and paid-up capital of SWIFT 247 JOINT STOCK COMPANY stand at approximately USD 1.93 million. The company operates under Business ID 0315524536 and maintains an active status. Management is led by Mr. NGUYEN T. S., who serves as General Director and represents the company’s executive leadership.

A key structural feature of SWIFT 247 JOINT STOCK COMPANY is its ownership composition. VIETJET AVIATION JOINT STOCK COMPANY holds a controlling stake of 67 percent, while other shareholders account for the remaining 33 percent. The strategic connection with a major aviation enterprise may provide operational synergies in cargo logistics, distribution networks, and integrated transportation services.

Beyond shipping services, SWIFT 247 JOINT STOCK COMPANY registers a wide range of additional activities, including courier services, warehousing-related operations, printing services, commission agency activities, software publishing, and computer programming. This diversified registration suggests the company may integrate logistics technology solutions with physical transportation services.

In summary, SWIFT 247 JOINT STOCK COMPANY demonstrates strong revenue expansion supported by an asset-light structure and strategic corporate backing. While profitability remains positive, continuous monitoring of margin performance, asset efficiency, and liquidity management is essential. For banks, investors, and business partners seeking deeper verification, comprehensive financial analysis, credit assessment, litigation screening, and risk evaluation reports are available through VNBIS, a leading provider of business intelligence, financial analysis, and risk management services in Vietnam and worldwide.