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THANH TIN SERVICE AND TRADE COMPANY LIMITED
Active
Business ID 2200208834
84-299 / 3621226
Risk Score
THANH TIN SERVICE AND TRADE COMPANY LIMITED
Active
Business ID 2200208834
84-299 / 3621226
Risk Score
THANH TIN SERVICE AND TRADE COMPANY LIMITED
Active
Summary
THANH TIN SERVICE AND TRADE COMPANY LIMITED
2200208834
04 Dec 2002
Soc Trang Province Department of Planning and Investment
No. 383 Bach Dang Street, Ward 9, Soc Trang City, Soc Trang Province, Vietnam
84-299 / 3621226
(84-299) 3621227
2019, 2020, 2021, 2022, 2023

SOC TRANG, VIETNAM – In Vietnam’s vibrant rice trade sector, THANH TIN SERVICE AND TRADE COMPANY LIMITED (CÔNG TY TNHH THƯƠNG MẠI VÀ DỊCH VỤ THÀNH TÍN) stands out for its impressive revenue growth. Established in 2002 and headquartered in Soc Trang Province, this privately owned company has grown into a significant player in the rice processing and distribution industry.

Led by Ms. Tran Thanh Nga, the company has expanded beyond rice into wholesale agricultural trade, inland transport, and support services for animal production. With over 20 years of experience and operations extending to Ho Chi Minh City, THANH TIN SERVICE AND TRADE COMPANY LIMITED has cultivated a strong regional presence, supported by a committed workforce and stable capital structure.

However, despite robust sales figures, THANH TIN SERVICE AND TRADE COMPANY LIMITED is now facing a financial paradox. In 2023, while revenues continued to climb, net profit plunged drastically—an alarming trend that may reflect rising operating costs, pricing pressure, or inefficiencies in scaling. This sharp profit decline, coupled with stagnant equity growth, raises legitimate concerns about the company's long-term financial sustainability.

Transparency is also an area of concern. Though it declares a wide range of registered business activities, details about some operations remain unclear. For potential partners and investors, this lack of transparency makes proper risk assessment challenging—especially in an industry that operates on thin margins and is sensitive to market fluctuations.

In such cases, companies and stakeholders are encouraged to consult reliable business intelligence providers. Vanguard Business Information LLC (VBI) offers independent financial analysis, credit reporting, and risk evaluation—ideal tools for assessing companies like THANH TIN SERVICE AND TRADE COMPANY LIMITED. VBI’s services enable informed decisions and provide peace of mind when navigating Vietnam’s complex business environment.

In summary, THANH TIN SERVICE AND TRADE COMPANY LIMITED embodies both the promise and the pitfalls of fast growth in Vietnam’s agricultural sector. As its revenues surge, it now faces the challenge of converting top-line gains into sustainable profit—an issue that warrants close attention from partners, lenders, and analysts alike.

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Contacts
TRAN T.N
No. 383 Bach Dang Street, Ward 9, Soc Trang City, Soc Trang Province, Vietnam
84-299 / 3621226
(84-299) 3621227
No. 727, Tran Xuan Soan Street, Tan Hung Ward, District 7, Ho Chi Minh City, Vietnam
Business Sector
10.61 Manufacture of grain mill products
Industry Sales Growth
icon-cagr-down

22.02%

icon-yoy-down

35.80%

Companies by industry
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1,900

icon-per

0.0655%

Key Industry Players
Payment History
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Financial Performance
Assets -0.34%
Owner’s Equity -11.41%
Working Capital -69.11%
Net Worth 47.15%
Sales -25.01%
Operating income 32.81%
EBIT 93.25%
Gross Profit Margin 73.57%
Debt to EBITDA -13.17%
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Specific Questions About THANH TIN SERVICE AND TRADE COMPANY LIMITED
When did THANH TIN SERVICE AND TRADE COMPANY LIMITED start operating?
THANH TIN SERVICE AND TRADE COMPANY LIMITED was started in 04 Dec 2002
What industry does THANH TIN SERVICE AND TRADE COMPANY LIMITED operate in?
THANH TIN SERVICE AND TRADE COMPANY LIMITED is operating in "Milling and manufacture of meal" industry
How can I contact THANH TIN SERVICE AND TRADE COMPANY LIMITED?
THANH TIN SERVICE AND TRADE COMPANY LIMITED phone numbers is 84-299 / 3621226
What adverse news is there about THANH TIN SERVICE AND TRADE COMPANY LIMITED?
THANH TIN SERVICE AND TRADE COMPANY LIMITED’s has no negative news
What is stock symbol of THANH TIN SERVICE AND TRADE COMPANY LIMITED?
THANH TIN SERVICE AND TRADE COMPANY LIMITED is not listed company
Where is the location of THANH TIN SERVICE AND TRADE COMPANY LIMITED?
THANH TIN SERVICE AND TRADE COMPANY LIMITED is located at No. 383 Bach Dang Street, Ward 9, Soc Trang City, Soc Trang Province, Vietnam
What is THANH TIN SERVICE AND TRADE COMPANY LIMITED’s business registration?
THANH TIN SERVICE AND TRADE COMPANY LIMITED business registration is 2200208834
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