THÀNH LỢI CO LTD

THÀNH LỢI CO LTD (CÔNG TY TNHH THÀNH LỢI) is a long-established, privately held Vietnamese enterprise specializing in the wholesale of metals and metal ores, particularly the trading of iron and steel. Founded on December 30, 1999, and registered with the Ho Chi Minh City Department of Planning and Investment under Business ID and TIN 0301899694, the company has remained active for over 25 years, cementing its reputation in Vietnam’s construction and industrial supply chains. Its headquarters is located at No. 78, Ngo Quyen Street, Ward 05, District 10, Ho Chi Minh City, with a branch office in District 7, further supporting its operations and client network.

Led by Mr. Ha Kien Lai as Chairman and Ms. Doan Thi Nhu Mai as Director, THÀNH LỢI operates with a compact team of 25 employees and maintains a charter capital of USD 2.87 million, entirely paid up. The shareholder structure is notably diversified, with Ms. Do Thanhmy Hang holding the largest individual stake at 30%, followed by other family-affiliated shareholders including Mr. Ha Kien Lai (13.5%), Ms. Ha Thi Truc Phuong (12%), and Ms. Doan Thi Nhu Mai (10%). This close-knit ownership has provided the company with steady governance and a cohesive strategic direction.

The company’s business registration reflects a broad scope of activities beyond metals, encompassing plastic manufacturing, electric power generation, vehicle sales and leasing, construction materials, property trading, and even freight transport. However, the core of its operation and branding remains rooted in the steel and metal trade, as emphasized by its domain and communications under thanhloisteel.com.

Financially, THÀNH LỢI CO LTD reported total sales of USD 224.79 million in 2024, marking a 22.1% year-over-year increase, despite a significant 28.27% drop in total assets, which settled at USD 60.94 million. Net profit rose sharply to USD 57,521, a 484.26% increase from the prior year, albeit still representing a modest margin relative to revenue. Equity also saw improvement, climbing to USD 5.03 million, a 31.42% increase—an encouraging sign of internal reinvestment and retained earnings growth. With working capital at USD 28.5 million, the company shows strong liquidity and the ability to cover its short-term obligations.

In summary, THÀNH LỢI CO LTD continues to maintain its position as a reliable supplier in Vietnam’s metal trading industry, backed by decades of experience, solid growth in sales, and a diversified shareholder base. For suppliers, partners, or financial institutions looking to engage with this enterprise, VANGUARD BUSINESS INFORMATION LLC (VBI) provides detailed Company Reports, including risk assessments, financial performance data, and due diligence tools to support informed decision-making.