DAI DUONG FOREST PRODUCTS JSC

DAI DUONG FOREST PRODUCTS JSC (CÔNG TY CỔ PHẦN CHẾ BIẾN LÂM SẢN ĐẠI DƯƠNG) is a privately held wood-processing enterprise headquartered in Thanh Hoa Province. Established on 11 January 2019 and registered under Business ID 2802615442, the company operates within the Nghi Son Economic Zone and specializes in manufacturing and processing wood chips and finger-jointed wood. 

With approximately 130 employees, DAI DUONG FOREST PRODUCTS JSC focuses on producing wood products, veneer, plywood, wooden containers, and related forestry support services. The company is led by Director Ton T. H., and its operations are concentrated at Land Plot No. 631, Map No. 41, Truong Lam Commune, Nghi Son Town.

Financially, DAI DUONG FOREST PRODUCTS JSC demonstrated strong expansion in 2024. Total assets reached USD 32.2 million, up 36.35% year-on-year. Revenue surged to USD 97.54 million, up nearly 54% from 2023. Profit increased significantly to USD 1.98 million, nearly tripling year-on-year, while owner’s equity rose to USD 7.88 million. Although working capital remained modest at USD 63,268, both equity and net worth improved steadily.

Charter capital stands at USD 9.04 million, with approximately USD 4.93 million paid up as of the end of 2024. The shareholder structure shows Ocean Minerals Investment Joint Stock Company holding 98%, with two individual shareholders each owning 1%. However, the report notes that the latest license has not confirmed updated ownership details.

With rapid revenue growth, improved profitability, and strong majority ownership support, DAI DUONG FOREST PRODUCTS JSC has emerged as a dynamic wood-processing enterprise benefiting from Vietnam’s export-oriented forestry sector and growing demand for processed timber products.