TOAN PHAT STEEL PRODUCTION AND INVESTMENT COMPANY LIMITED

TOAN PHAT STEEL PRODUCTION AND INVESTMENT COMPANY LIMITED (Công Ty TNHH Đầu Tư Và Sản Xuất Thép Toàn Phát) is a privately held company based in Quảng Ninh Province, Vietnam, with a growing footprint in the national steel trading industry. Legally established on March 25, 2021, under Business ID and Tax Code 5702079948, the company operates as a limited liability enterprise with a charter capital of USD 6.16 million—entirely paid up as of the end of 2023. Its registered head office is located in Quarter 12, Ha An Ward, Quang Yên Town, while its commercial presence extends to Hanoi with a representative office at the Song Da Tower on Pham Hung Street.

The company is led by Mr. Nguyễn Đức Nam, who holds 70% of the ownership, while Ms. Nguyễn Thị Thoa holds the remaining 30%. As Director, Mr. Nam oversees a workforce of 110 employees, managing a broad portfolio of metal products, including black steel, stainless steel in both hot and cold rolled forms, industrial pipes, wires, and related services such as cold annealing and phosphating. In addition to its core business of metal trading and processing, TOAN PHAT is also licensed to operate in logistics, construction, warehousing, and manufacturing sectors.

Financially, the company has demonstrated significant growth in both assets and revenue over the past three years. From total sales of USD 116.6 million in 2021, TOAN PHAT expanded to USD 380.2 million in 2023—an increase of over 225%. Similarly, its total assets rose to nearly USD 54.7 million. However, this rapid expansion has come at a cost. In 2023, the company recorded a net loss of USD 3.48 million and negative working capital of over USD 735,000, signaling potential liquidity issues and operational inefficiencies. Despite a partial recovery in equity, profitability remains a major concern.

In light of these challenges, investors and trade partners are encouraged to assess TOAN PHAT’s credit and operational stability thoroughly. For a verified and comprehensive business report, visit Vanguard Business Information LLC, a leading provider of risk assessment and business verification services in Vietnam.