HOANG TRONG GENERAL TRADING COMPANY LIMITED

Founded in 2000, HOANG TRONG GENERAL TRADING COMPANY LIMITED (CÔNG TY TNHH THƯƠNG MẠI TỔNG HỢP HOÀNG TRỌNG) is a limited liability company based in Thai Binh Province, Vietnam. With over 24 years in operation, this local enterprise has built a solid presence in the brokerage and auction agent sector, operating under Business ID and Tax Identification Number (TIN): 1000260070.

The company’s headquarters spans nearly 12,000 square meters in Co Dung 1 Village, Dong La Commune, Dong Hung District. It is led by Mr. Mai Van Trong, who also holds a significant ownership stake. Together with family members Mai Van Hoang, Mai Van Hop, and other relatives, the business maintains close-knit ownership, reflecting a strong local identity.

In 2023, HOANG TRONG GENERAL TRADING COMPANY LIMITED posted USD 289.57 million in revenue, down 15.42% from the previous year. Despite the sales dip, the company showed financial resilience with a profit of USD 853,679, representing nearly 38% growth in earnings. Total assets climbed to USD 34.78 million, and equity nearly doubled, reaching USD 10.29 million, a remarkable 99.05% increase that highlights improved internal strength.

What’s notable is the company’s increasing working capital, recorded at USD 8.84 million in 2023—a 157% leap that signals improved liquidity and risk buffer. Yet the decline in top-line revenue raises questions about sales volatility or possible shifts in trading volumes.

With only 91 employees, HOANG TRONG GENERAL TRADING COMPANY LIMITED operates efficiently within its niche. The company focuses on intermediary services—commission agents and brokers—rather than large-scale production or manufacturing, which keeps its operating footprint agile and low-cost.

In a market crowded with giants, HOANG TRONG GENERAL TRADING COMPANY LIMITED proves that consistent, family-led management and smart capital control can still carve out a competitive position.