THANH TIN SERVICE AND TRADE COMPANY LIMITED

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.