TH MILK JOINT STOCK COMPANY

TH MILK JOINT STOCK COMPANY (CÔNG TY CP SỮA TH) stands out as one of Vietnam’s leading dairy enterprises, backed by strong financial growth and visionary leadership. Established on October 6, 2009, TH MILK JOINT STOCK COMPANY is a privately held joint stock company, registered under Business ID and Tax Identification Number (TIN) 2901138688. The company's headquarters is located at Binh Nghia Hamlet, Nghia Binh Commune, Nghia Dan District, Nghe An Province, Vietnam.

TH MILK JOINT STOCK COMPANY was founded under the strategic vision of Mrs. Thai Huong, one of Vietnam’s most respected business figures. As the founder of TH Group, Mrs. Thai Huong played a pivotal role in conceptualizing and launching TH MILK JOINT STOCK COMPANY, with the mission of providing clean, fresh, and nutritious dairy products to Vietnamese consumers. While Mrs. Thai Huong continues to guide the group's broader vision, the current Chairman of TH MILK JOINT STOCK COMPANY is Mr. Thai Duy Do, supported by General Director Mr. Arghya Mandal, an experienced executive from India.

Financially, TH MILK JOINT STOCK COMPANY posted remarkable results for 2023. Its total assets reached approximately USD 101.07 million, representing a growth of 57.58% compared to 2022. Sales soared to USD 372.45 million, a 16.55% year-on-year increase. Notably, the company's net profit surged to USD 15.26 million, marking an impressive 244.51% growth. Despite these successes, TH MILK JOINT STOCK COMPANY is actively addressing its negative owner's equity, which stood at USD -110.06 million by the end of 2023.

Beyond dairy production, TH MILK JOINT STOCK COMPANY engages in a wide range of activities, including fruit and vegetable processing, beverage manufacturing, food retail and wholesale, scientific research and development, warehousing, and property trading. This diverse portfolio positions the company as a dynamic and resilient force in Vietnam’s agribusiness sector.

The ownership structure of TH MILK JOINT STOCK COMPANY reflects a strong Vietnamese presence, with major shareholders including Nguyen Thi Lieu (18.2%), Truong Minh Hong (17.5%), Nguyen Huu Nguyen (15.8%), Doan Anh Tung (15%), and Le Quoc Toan (12.7%), alongside other minor shareholders.

With the enduring influence of founder Mrs. Thai Huong and the operational leadership of Mr. Thai Duy Do, TH MILK JOINT STOCK COMPANY is well-positioned to continue its impressive growth trajectory and reinforce its leading role in Vietnam’s dairy and food industries.