THE GIOI NHA CONSTRUCTION MATERIAL SUPERMARKET JOINT STOCK COMPANY

THE GIOI NHA CONSTRUCTION MATERIAL SUPERMARKET JOINT STOCK COMPANY (Công Ty Cổ Phần Siêu Thị Vật Liệu Xây Dựng Thế Giới Nhà) has positioned itself as a modern supplier of commercial concrete, prefabricated components, and asphalt products. Headquartered at 46–48 Nguyen Co Thach Street, Thu Duc City, Ho Chi Minh City, the company operates both a representative office and a production branch in Dong Nai, building a wide distribution footprint for the southern market.

A Legal Structure Backed by Private Ownership

Established in 2017 and registered under Business ID 3603497972, THE GIOI NHA runs as a privately held joint stock company with a paid-up capital of over USD 13.39 million. The company combines production and wholesale activities across a wide range of construction segments, creating a broad but challenging-to-manage structure during periods of market volatility.

Financial Pressure Emerging Behind the Headlines

Although the company reports USD 79.66 million in assets, its 2023 performance shows clear signs of stress. Revenue fell sharply to USD 93.63 million, a significant decline from the previous year. Profit also declined to USD 1.12 million, reflecting a noticeable contraction in demand for construction materials. Working capital decreased by more than 70%, signaling tighter liquidity and a need for more efficient cash flow management. The sales chart on page one shows a steep decline from 2022 to 2023, reinforcing the impression of a cooling construction cycle and rising competitive pressure.

Governance and Shareholding

The company is led by Mr. Tran Anh Dien, who oversees a shareholder structure dominated by HATA Sai Gon Company Limited, which holds more than 44% ownership. The presence of multiple partners in Dong Nai shows that the company is deeply tied to industrial zone construction, a sector now slowing as developers become more cautious.