TIEN LEN STEEL CORPORATION JOINT - STOCK COMPANY

TIEN LEN STEEL CORPORATION JOINT-STOCK COMPANY (short name: T.L.C) is a publicly held enterprise operating under Business ID 3600512830, registered in Dong Nai Province since August 18, 2009. With over 16 years of operational history, the company has firmly established itself in Vietnam’s industrial base, specializing in manufacturing and trading various steel and cast iron types. It is listed on the Ho Chi Minh Stock Exchange (HOSE) under the TLH ticker and is supported by a registered charter capital of over USD 46.1 million.

Chaired by NGUYEN M. H., who also holds a significant 19.58% stake in the company, TIEN LEN STEEL is managed by PHAM T. H. as Acting General Director and DUONG Q. B. as Deputy General Director. Despite having only 216 employees as of March 2025, the corporation maintains a diversified operational footprint across multiple branches within Dong Nai Province.

In 2023, TIEN LEN STEEL recorded total assets of USD 169.58 million and sales revenue of USD 252.96 million—a year-over-year growth of 15.64% in sales. However, this growth in top-line revenue was accompanied by a 45.59% decline in net profit, down to just USD 168,601. The company’s equity also fell slightly by 2.61% to USD 76.45 million. These financial indicators suggest that while market demand remained strong, margin pressure and internal cost inefficiencies may have significantly impacted profitability

For stakeholders—especially investors, lenders, and trading partners—such a discrepancy between revenue growth and profit deterioration is a clear signal to undertake rigorous due diligence. This is where VANGUARD BUSINESS INFORMATION LLC (VNBIS.COM) plays a critical role. By offering detailed risk assessment reports, ownership verification, financial analysis, and litigation screenings, VNBIS helps clients make informed decisions when engaging with companies like TIEN LEN STEEL, where short-term volatility may mask long-term potential or hidden liabilities.

In today’s unpredictable industrial landscape, relying on trusted intelligence platforms such as VNBIS ensures that partners can minimize financial exposure while maximizing strategic opportunities.