DONG PHUONG INDUSTRIAL AND COMMERCIAL JOINT STOCK COMPANY

DONG PHUONG INDUSTRIAL AND COMMERCIAL JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN CÔNG THƯƠNG ĐÔNG PHƯƠNG), established on January 9, 2008, in Bac Ninh Province, has steadily evolved into a notable manufacturer in Vietnam’s electrical and electronic cable industry. With over 17 years of operation, the company has built a reputation for producing copper wire cores used in electrical cables and trading aluminum wires—both essential components in construction and infrastructure projects. The company’s registered headquarters is located in Trang Liet, Trang Ha Ward, Tu Son City, Bac Ninh Province, with Business ID and Tax Identification Number 2300321946, under the registration of the Bac Ninh Department of Planning and Investment.

Operating as a privately held joint stock company, DONG PHUONG INDUSTRIAL AND COMMERCIAL JOINT STOCK COMPANY has a charter and fully paid-up capital of USD 11.05 million. It currently employs 70 workers and is led by Chairwoman Nguyen T. T., with Tran V. H. serving as Director and Tran T. H. as Chief Accountant. Despite its modest size in terms of headcount, the company has managed to operate on a substantial financial scale, supported by efficient capital use and steady strategic direction from its leadership.

The company recorded total assets of USD 57.48 million in 2023, showing a year-over-year increase of 8.48%. Equity rose slightly by 3.08%, reaching USD 12.59 million, while total sales climbed to USD 143.96 million—a moderate growth of 1.58% from the previous year. Most notably, net profit surged by 20.04% to USD 376,053, an encouraging sign of improved operational efficiency or better margin management. Working capital remains healthy at USD 9.32 million, providing a buffer for short-term liquidity and financial stability.

DONG PHUONG INDUSTRIAL AND COMMERCIAL JOINT STOCK COMPANY has also demonstrated a prudent approach to equity growth. In 2022, equity jumped over 65%, laying the foundation for a stable capital structure that continues to support business expansion. The shareholder composition reflects a high degree of centralized ownership, with Chairwoman Nguyen T. T. holding 59.8% of shares, followed by Director Tran V. H. with 37.4%, and Tran V. Hn. with a small 2.8% stake. This concentration of ownership enables decisive governance and unified strategic implementation.

The company’s core activities revolve around the manufacture of electric wires and cables. However, its registered business scope spans a wide spectrum: casting of metals, plastics manufacturing, transport services, textile trading, property rights trading, and even short-term accommodation. Such a broad license portfolio positions DONG PHUONG INDUSTRIAL AND COMMERCIAL JOINT STOCK COMPANY to diversify if market dynamics require, though its current focus remains clearly rooted in industrial materials for the electrical sector.

Amid Vietnam’s continuing push for electrification, industrial expansion, and infrastructure development, DONG PHUONG INDUSTRIAL AND COMMERCIAL JOINT STOCK COMPANY is strategically placed to benefit from upstream demand. Its location in Bac Ninh—a critical manufacturing hub near Hanoi—further enhances its logistical advantages. While its profit margins remain relatively slim compared to its revenue scale, the company’s consistent profitability, asset base, and capital adequacy present a favorable credit outlook and investment profile.

For stakeholders seeking a medium-sized, professionally managed, and financially solid enterprise in Vietnam’s industrial supply chain, DONG PHUONG INDUSTRIAL AND COMMERCIAL JOINT STOCK COMPANY represents both reliability and potential for long-term value.