THUY NGAN TRADING COMPANY LIMITED

THUY NGAN TRADING COMPANY LIMITED (CÔNG TY TNHH THƯƠNG MẠI THUỶ NGÂN): A Quiet Fertilizer Powerhouse in Northern Vietnam

THUY NGAN TRADING COMPANY LIMITED (CÔNG TY TNHH THƯƠNG MẠI THUỶ NGÂN) may not be headquartered in a big city, but this Yen Bai-based enterprise has steadily grown into a significant player in Vietnam’s fertilizer trade. Known officially as THUY NGAN CO., LTD, the company is increasingly drawing attention due to its solid financial foundation, strategic northern branch network, and consistent profitability—all elements that make it a case study in regional success.

Founded on September 24, 2008, and registered under Business ID and Tax Code number 5200296057, THUY NGAN TRADING COMPANY LIMITED has been operating for over 16 years. The company’s legal structure is a one-member limited liability company, entirely owned by Ms. Nguyen Thi Xuan, who also serves as Director.

Strategic Growth Despite Market Volatility

Unlike many similar companies facing financial strain in 2023, THUY NGAN TRADING COMPANY LIMITEDreported a healthy net profit of USD 504,318, marking a 16.88% year-over-year increase. While sales dropped 16.64% to USD 90.33 million, and total assets decreased by 16.21%, the company's owner’s equity increased 6.71%, reaching USD 7.88 million.

In an economic climate where large firms are showing negative equity or deep losses, THUY NGAN CO., LTD stands out as a stable and growing operation. Its working capital of USD 6.35 million further confirms its financial soundness.

These figures suggest that THUY NGAN TRADING COMPANY LIMITED has managed to control costs effectively and maintain profitability even amid decreasing revenues—a sign of prudent management rather than dependence on scale.

Fertilizer Trade and a Northern Stronghold

The company specializes in fertilizer trading and manufacturing inputs for fertilizer production, servicing a vital segment of Vietnam's agricultural supply chain. Its head office in Yen Bai Province gives it a unique strategic position to serve remote agricultural provinces in the north.

THUY NGAN TRADING COMPANY LIMITED has expanded operations via branches in Lao Cai, Hai Phong, and Lai Chau—regions known for their agricultural activity. This northern cluster positions the company as a key supplier in an area often underserved by major corporations.

Transparent Leadership and Full Ownership

With 100% ownership in the hands of Ms. Nguyen Thi Xuan, the company benefits from centralized leadership. Supporting her are Vice Director Ms. Nguyen Thi Loc and Chief Accountant Ms. Nguyen Hai Van, both of whom appear actively involved in financial and operational management. As of 2023, the company employs 100 staff—indicative of its medium-sized, hands-on business model.

Verify Before You Partner

If you're considering doing business with THUY NGAN TRADING COMPANY LIMITED, or want to confirm its financial and legal credentials, it's wise to use a reliable verification source. You can easily check the company's latest business registration and financial performance via VANGUARD BUSINESS INFORMATION LLC’s Company Verification Service.

Conclusion

THUY NGAN TRADING COMPANY LIMITED proves that success doesn't always wear a flashy logo or operate from a major economic hub. With steady profits, increasing equity, and a strategic focus on the fertilizer industry in northern Vietnam, the company is a model for resilience and regional growth. While the drop in sales and assets in 2023 is worth watching, the profitability trend remains the stronger headline.