TICO JOINT STOCK COMPANY

TICO JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN TICO) is one of Vietnam’s leading producers of surfactants, detergents, and cleaning chemicals, headquartered at No. 98, Luy Ban Bich Street, Tan Thoi Hoa Ward, Tan Phu District, Ho Chi Minh City. Established on November 29, 2004, under Business ID: 0300769124, the company operates under the Ho Chi Minh City Department of Planning and Investment. It has maintained an active presence in the domestic and regional chemical manufacturing industry for over two decades.

Led by Mr. Nguyen V. K., who serves as Chairman cum Director, TICO JOINT STOCK COMPANY employs a team of 173 workers and operates both a head office and a modern production facility at No. 83/2B, Tu Van Phuoc Street, An Phu Ward, Ho Chi Minh City. Supporting him are Mr. Nguyen T. D. and Mr. Ngo V. A., both serving as Deputy Directors. The company’s charter capital is USD 4.12 million, fully paid up, and it is privately owned, with Mr. Nguyen V. K. holding a 62.25% share, alongside other Vietnamese shareholders.

TICO’s core business is the manufacture of surfactants (LAS, LAS-H, SLES, SLS), which are essential raw materials for detergents, shampoos, and household cleaning products. In addition to surfactants, the company also engages in cosmetic and detergent production, real estate consultancy, and transportation services, reflecting a diverse business portfolio designed to sustain growth and reduce sectoral risk exposure.

Financially, through fiscal year 2023, the company reported sales revenue of USD 102.53 million, a slight 4.3% year-on-year decline, alongside total assets of USD 53.14 million and equity of USD 17.19 million. The company earned a net profit of USD 1.02 million, though this marked a 60.9% drop from the previous year’s level, primarily due to fluctuations in raw material prices and energy costs. Despite that, equity continued to rise modestly by 2.4%, showing resilience and steady capital accumulation.

With a working capital of USD 5.54 million, TICO remains financially stable and operationally efficient. Its strong domestic market presence, product quality, and long-standing relationships with industrial clients give it a competitive edge in Vietnam’s surfactant and chemical sector.

For potential partners or investors seeking detailed insights—such as audited financial statements for 2024, shareholder changes, or updated credit analysis—an updated report on TICO JOINT STOCK COMPANY is available for purchase and instant download from VANGUARD BUSINESS INFORMATION LLC (VNBIS) at https://www.vnbis.com