TETRA PAK BINH DUONG JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN TETRA PAK BÌNH DƯƠNG) is a foreign direct investment (FDI) enterprise and part of the globally recognized Tetra Pak group, a leading name in food processing and packaging solutions. Officially established in 2017, the company operates under Business ID and Tax Code: 3702529978 and is headquartered at No. 12 VSIP II-A, Road No. 30, Singapore Industrial Park II-A, Vinh Tan Ward, Tan Uyen City, Binh Duong Province, Vietnam.

With an active presence in Vietnam’s packaging industry, the company is primarily engaged in the manufacture of corrugated paper, paperboard containers, aluminum-plastic packaging, and packaging printing. It also extends into the production of plastics and fabricated metal products. TETRA PAK BINH DUONG is 98% owned by TETRA PAK ASIA PTE LTD, based in Singapore, with the remaining shares held by affiliated Tetra Pak entities also based in Singapore.

The business is helmed by Chairman cum General Director Mr. Eliseo Barcas Fernandez Lauria, a Spanish national, and supported by Director Mr. Dilip Gajanan Bhave from India. The company employs a professional and international management team, aligning with its global operations model.

From a financial standpoint, the company posted USD 223.54 million in revenue for 2023, a modest 3.04% increase over the prior year. However, what stands out is the dramatic surge in net profit to USD 25.63 million, representing a 530.03% year-over-year increase. This sharp turnaround from earlier years indicates major improvements in cost efficiency or operational performance. In parallel, owner’s equity rose by 171.79% to USD 33.85 million, signaling robust internal reinvestment and retained earnings.

On the risk side, however, total assets dropped by 24.88% to USD 125.01 million, and the company reported a negative working capital of USD -18.7 million, which may raise liquidity concerns. While the firm is highly profitable, this cash flow mismatch could indicate tight short-term financing or heavy operational liabilities—issues that may require monitoring.

For investors, clients, or suppliers seeking to evaluate the credibility and financial health of TETRA PAK BINH DUONG JSC or any company operating in Vietnam, VANGUARD BUSINESS INFORMATION LLC (VBI) offers in-depth business verification, litigation review, credit scoring, and financial risk analysis. VBI’s data-driven reports help uncover hidden risks and support informed decision-making across Vietnam’s industrial landscape.

To access a full verification report on this company, visit www.vnbis.com or contact VBI for customized risk intelligence tailored to your business needs.