TAY NINH VICTORY RUBBER JOINT STOCK COMPANY

TAY NINH VICTORY RUBBER JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN CAO SU THẮNG LỢI TÂY NINH) is a mid-sized rubber processor based in Tan Bien District, Tay Ninh Province. Established in 2017, the company focuses on processing rubber tree latex and related rubber products and operates as a privately held joint-stock company.

The business is led by NGUYEN V. N., who serves as both Chairman and General Director. With around 300 employees, the company has built a relatively large operational footprint compared with many regional rubber processors. Its activities span rubber latex processing, rubber product manufacturing, logistics, warehousing, and supporting services, reflecting a vertically integrated operating model.

Financially, the company maintains a solid scale, with assets of about USD 38.4 million and annual sales of approximately USD 58.4 million. Profitability remains positive, with net profit recorded at roughly USD 0.46 million, although margins have tightened compared with the previous year. Equity of around USD 10.3 million provides a stable capital base, while positive working capital indicates acceptable short-term liquidity, despite some recent pressure on cash efficiency.

Overall, TAY NINH VICTORY RUBBER JOINT STOCK COMPANY presents itself as a stable, operating-scale rubber processor with established production capacity and diversified activities. While growth has moderated and profitability has softened, the company retains a relatively sound balance sheet and an operational position that supports continued participation in Vietnam’s rubber value chain.