TRANG AN TRANSPORT AND TRADING JOINT STOCK COMPANY

TRANG AN TRANSPORT AND TRADING JOINT STOCK COMPANY is a privately held enterprise in agricultural product trading and freight services. The company was established on June 16, 2014, and has been active for over eleven years. It is legally registered under Business ID 0106572247 with its transaction office located at No. 54, Lot 3B, Nga 5 New Urban Area – Cat Bi Airport, Ngo Quyen Ward, Hai Phong City, Vietnam. Its head office is registered in Hanoi. The company has a charter and paid-up capital of USD 4.93 million and employs about sixty staff members.

The company’s key leader is Mr. Do V. M., who serves as Director. Shareholding is concentrated, with Ms. Do T. T.owning 70% of shares, Mr. Nguyen V. Q. holding 25%, and Ms. Hoang T. K. N. 5%. This ownership structure reflects a closely held company with strong founder control, which can help maintain strategic direction but may also limit governance diversification.

In terms of performance, TRANG AN has experienced notable expansion over the past three years. By the end of 2023, the company recorded total assets of USD 32.49 million, nearly tripling from 2021. Total sales surged to USD 108.23 million, representing a 96.15% increase compared to 2022. This sharp growth highlights the company’s expanding agricultural trading and logistics role. However, its working capital was modest at USD 376,610, indicating that liquidity remains relatively tight compared to its business scale. The owner’s equity was USD 2.57 million, showing stability but signaling that the company relies significantly on external financing or payables to support operations. Net profit for 2023 stood at USD 10,541, a modest but positive result after previous periods of slower growth.

The company mainly trades agricultural products used in the animal feed industry, along with road freight services, warehousing, and logistics support. It has also registered additional activities in wholesale distribution of fuels, metals, food, and other materials, indicating ambitions to diversify its business lines.

For businesses considering cooperation with TRANG AN or companies like it, VNBIS provides a valuable resource. Through VNBIS company reports, clients can access up-to-date business and financial information to better understand their partners, assess performance and creditworthiness, and minimize business risks before making strategic decisions.

With rapid growth in revenue but limited equity and working capital, TRANG AN presents opportunities and financial challenges typical of fast-growing trading companies in Vietnam’s agricultural sector. Access to updated risk intelligence through platforms like VNBIS can help stakeholders make informed and secure business choices.