THE SOUTHERN RUBBER INDUSTRY JOINT STOCK COMPANY

THE SOUTHERN RUBBER INDUSTRY JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN CÔNG NGHIỆP CAO SU MIỀN NAM), better known by its brand name CASUMINA, is one of Vietnam’s leading manufacturers of rubber products and industrial tires. Headquartered at No. 146 Nguyen Bieu Street, District 5, Ho Chi Minh City, the company has been a cornerstone of Vietnam’s industrial supply chain for over 19 years. Registered under business ID 0300419930 and listed on the HOSE stock exchange under the symbol CSM, CASUMINA is majority owned by the Vietnam National Chemical Group (51.01%), affirming its strategic importance in the national industrial framework.

Operating across major production hubs in Ho Chi Minh City and Dong Nai, CASUMINA employs over 1,850 workersand manufactures a wide array of rubber-based products, including tires, tubes, and industrial components. It remains a trusted brand in both domestic and export markets.

Despite a challenging market in 2024, with total sales dipping nearly 10% to USD 193.59 million, CASUMINA improved its profitability, growing net profit by 19.37% to reach USD 2.96 million. Equity continued to strengthen, rising to USD 55.88 million, and working capital reached a healthy USD 21.49 million, reflecting a robust financial core.

While revenue declined, the profit rebound signals improved cost control and operational efficiency. Backed by strong state-linked ownership and a resilient market presence, CASUMINA remains a dominant force in Vietnam’s rubber industry and a reliable partner for industrial buyers worldwide.

For more information, visit the official website: www.casumina.com or contact the company at (84-28) 3836 2369.