THACO BUS MANUFACTURING COMPANY LIMITED (CÔNG TY TNHH MTV SẢN XUẤT XE BUS THACO) is a leading bus manufacturer in Vietnam and a wholly owned subsidiary of THACO AUTO LIMITED LIABILITY COMPANY. Established on July 25, 2016, the company is registered under Tax Code: 4001087522, with its manufacturing base located at Chu Lai Truong Hai Automotive Mechanical Industrial Park, Tam Hiep Commune, Nui Thanh District, Quang Nam Province, Vietnam.
Over the past three years, THACO BUS MANUFACTURING COMPANY LIMITED has demonstrated extraordinary growth. In 2023, the company recorded total sales of USD 165.35 million, marking a 134.41% increase from 2022. At the same time, net profit reached USD 15.72 million, a phenomenal 19,746% surge compared to the prior year, reflecting a strong rebound from earlier losses. Its total assets doubled to USD 160.3 million, and owner’s equity rose by 88.77%, reaching USD 22.6 million by year-end.
With a workforce of 980 employees, led by Chairman Tran B. D. and General Director Nguyen C. D., the company manufactures various types of buses, bus parts, and vehicle bodies, while also engaging in the installation of industrial equipment, leasing of motor vehicles, and the wholesale of accessories. It is a critical part of THACO’s broader ecosystem in Vietnam’s automotive industry.
For manufacturers, investors, or suppliers evaluating Vietnam’s automotive sector, especially the heavy vehicle segment, THACO BUS MANUFACTURING COMPANY LIMITED represents a high-performing and rapidly scaling enterprise. To support your commercial due diligence, Vanguard Business Information LLC provides precise credit data, financial diagnostics, and industrial intelligence tailored to Vietnam’s major manufacturers.
+ NGUYEN Q.B
+ NGUYEN C.D
+ NGUYEN T.T.L
0.41%
-4.48%
303
0.0104%
Assets | 93.82% |
Owner’s Equity | 46.04% |
Working Capital | -0.15% |
Net Worth | -44.48% |
Sales | -76.64% |
Operating income | -82.29% |
EBIT | 63.35% |
Gross Profit Margin | -44.78% |
Debt to EBITDA | 94.82% |
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