TAY DO STEEL CO.,LTD

TAY DO STEEL CO., LTD (CÔNG TY TNHH THÉP TÂY ĐÔ) was established on June 27, 2008, and operates as a privately held limited liability company under Business ID: 1800156657, issued by the Can Tho City Department of Finance. The company’s head office is located at Land Lot 45, Road No. 2, Tra Noc 1 Industrial Park, Thoi An Dong Ward, Can Tho City, Vietnam, with additional offices at No. 27, Le Hong Phong Street and No. 44, CMT8 Street, Can Tho City.

The company manufactures and supplies construction steel products, steel billets, and scrap materials, serving both domestic and export markets. Its registered activities also cover metal and mineral wholesale, construction material trading, and logistics services. With a workforce of about 500 employees, TAY DO STEEL is one of the major steel producers in Vietnam’s Mekong Delta region, known for its reliability and consistent supply chain performance.

Financially, the company recorded a strong year in 2023, reporting total assets of USD 66.84 million (▲68.63%), sales revenue of USD 106.03 million (▲71.67%), and net profit of USD 424,150 (▲171.07%). Owner’s equity rose 67.88%to USD 11.21 million, and working capital more than doubled to USD 350,056, showing better liquidity control. Despite operating in a highly cyclical market, these figures reflect improved cost efficiency and strong recovery momentum in the post-pandemic construction sector.

Ownership is concentrated under Mr. Huynh T. Q. (62.98%), with other key Vietnamese shareholders including Mr. Huynh N. A. (8.4%), Ms. Hoang K. T. (7.93%), Indochina Sun Technology JSC (7.14%), and Nine Dragons Import Export Trade Services Co., Ltd (4.87%). The company is chaired and managed by Mr. Huynh T. Q., who also serves as General Director, supported by Deputy General Director Mr. Vo V. K.

From a business intelligence and financial analysis perspective, TAY DO STEEL demonstrates strong growth but faces sectoral risks tied to fluctuating steel prices, high energy costs, and tightening construction demand. The significant rise in revenue and profit suggests effective adaptation to market dynamics, yet maintaining profit margins amid volatile raw material costs will remain a critical challenge.

As part of its mission to enhance Vietnam Business Intelligence, VNBIS provides in-depth company insights and Financial Risk Management Services to help clients and investors evaluate firms like TAY DO STEEL CO., LTD. These reports offer a detailed understanding of corporate performance, financial stability, and industry trends—empowering strategic decisions in Vietnam’s fast-developing steel and construction sectors.