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HUNG THANH AGRICULTURAL MATERIALS COMPANY LIMITED

Active

Business ID 2200731522

84-299 / 3892 222

HUNG THANH AGRICULTURAL MATERIALS COMPANY LIMITED

Active

Business ID 2200731522

84-299 / 3892 222

HUNG THANH AGRICULTURAL MATERIALS COMPANY LIMITED

Active

Summary

Name:

HUNG THANH AGRICULTURAL MATERIALS COMPANY LIMITED

Business ID (TIN):

2200731522

Date of Registration:

22 Mar 2017

Registered Office:

Soc Trang Province Department of Planning and Investment

Address:

No. 86, Dai Chi Hamlet, Dai Tam Commune, My Xuyen District, Soc Trang Province, Vietnam

Phone:

84-299 / 3892 222

Financial Statement:

2020, 2021, 2022, 2023, 2024

HUNG THANH AGRICULTURAL MATERIALS CO., LTD: A Key Fertilizer and Pesticide Distributor in Vietnam’s Mekong Delta

HUNG THANH AGRICULTURAL MATERIALS COMPANY LIMITED (Vietnamese: CÔNG TY TNHH VTNN HƯNG THẠNH) is a rapidly growing private enterprise specializing in the wholesale distribution of fertilizers and pesticides across Vietnam’s southern agricultural regions. Registered under tax code 2200731522, the company is headquartered at No. 86, Dai Chi Hamlet, Dai Tam Commune, My Xuyen District, Soc Trang Province, deep in the heart of the Mekong Delta.

Supplying Essential Agricultural Inputs to Vietnam’s Farmers

Established on March 22, 2017, HUNG THANH has spent more than eight years building its reputation as a dependable source of essential agricultural materials. Its primary business focuses on the distribution of fertilizers, plant protection chemicals, and related agricultural inputs. The company also engages in warehousing, road and waterway transport, and logistics handling, enabling efficient supply chain management from ports to farmlands.

Strong Growth in Assets and Revenue

As of the end of 2024, HUNG THANH reported total assets of USD 68.84 million, representing a robust 34.5% year-on-year increase. The company's revenue also rose substantially, reaching USD 229.56 million, up 18.14% from the previous year. These figures signal increasing demand for the company’s products and a strong foothold in Vietnam’s competitive agri-supply market.

However, the company’s net profit declined by 16.95% in 2024 to USD 482,764, down from over USD 580,000 in 2023. Meanwhile, owner’s equity slightly decreased to USD 4.85 million, although it still reflects a strong capital base supported by consistent reinvestment.

With working capital at USD 4.53 million, the company maintains healthy short-term liquidity, allowing it to support inventory expansion, delivery operations, and credit lines to distributors and farmers.

Led by a Dynamic Chairwoman

HUNG THANH is entirely privately held and 100% owned by Ms. LIEU BICH THUY, who also serves as the Chairwoman and Director. Under her leadership, the company has grown from a local distributor into a regional player, known for its reliability and product availability. She is supported by Chief Accountant Ms. PHAM THI HA GIANG, who oversees financial compliance and capital control.

Regional Importance in the Mekong Delta

Soc Trang Province and surrounding Mekong Delta provinces account for a significant portion of Vietnam’s rice and fruit production. With only 20 employees, HUNG THANH’s lean yet effective operational model underscores the power of logistics, automation, and market specialization in agriculture supply chain businesses.

Trusted by VBI for Business Verification and Analysis

With its strong financial profile, steady sales growth, and focused market approach, HUNG THANH AGRICULTURAL MATERIALS CO., LTD is a trusted agricultural supplier in Vietnam. For partners, logistics providers, and institutional buyers, understanding this company’s background is crucial. VANGUARD BUSINESS INFORMATION LLC (VBI)provides accurate company reports, risk assessments, and financial data services to support informed decision-making.

Legal Profile

English Name:

HUNG THANH AGRICULTURAL MATERIALS COMPANY LIMITED

Vietnamese Name:

CÔNG TY TNHH VTNN HƯNG THẠNH

Business ID (TIN):

2200731522

Date of Registration:

22 Mar 2017

Registered Office:

Soc Trang Province Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ LIEU B.T

+ PHAM T.H.G

Address:

No. 86, Dai Chi Hamlet, Dai Tam Commune, My Xuyen District, Soc Trang Province, Vietnam

Phone:

84-299 / 3892 222

Business Sector

Key business lines:

VSIC:

5022 Inland freight water transport

NACE:

50.40 Inland freight water transport

NAICS:

483211 Inland Water Freight Transportation

Industry Sales Growth

CAGR (2019 - 2023)

4.75%

YoY (2023)

-12.70%

Companies by industry

Company distribution and propportions

2,562

0.0881%

Key Industry Players

Top 10 companies in inland freight water transport industry

vinacomin - transport and coal trading joint stock company vinacomin waterway transport joint stock company vu dinh ninh binh co.,ltd xuan thuy joint stock investment and development company viet thuan transport company limited hai nam company limited thong nhat producing and trading co., ltd all marine company limited thinh an industry and trading joint stock company hai duong xnk joint stock company

Payment History

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Financial Performance

Assets	56.71%
Owner’s Equity	-92.20%
Working Capital	-84.08%
Net Worth	52.33%
Sales	94.53%
Operating income	34.51%
EBIT	80.35%
Gross Profit Margin	-12.10%
Debt to EBITDA	91.67%

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Specific Questions About HUNG THANH AGRICULTURAL MATERIALS COMPANY LIMITED

When did HUNG THANH AGRICULTURAL MATERIALS COMPANY LIMITED start operating?

HUNG THANH AGRICULTURAL MATERIALS COMPANY LIMITED was started in 22 Mar 2017

What industry does HUNG THANH AGRICULTURAL MATERIALS COMPANY LIMITED operate in?

HUNG THANH AGRICULTURAL MATERIALS COMPANY LIMITED is operating in "Inland freight water transport" industry

How can I contact HUNG THANH AGRICULTURAL MATERIALS COMPANY LIMITED?

HUNG THANH AGRICULTURAL MATERIALS COMPANY LIMITED phone numbers is 84-299 / 3892 222

What adverse news is there about HUNG THANH AGRICULTURAL MATERIALS COMPANY LIMITED?

HUNG THANH AGRICULTURAL MATERIALS COMPANY LIMITED’s has no negative news

What is stock symbol of HUNG THANH AGRICULTURAL MATERIALS COMPANY LIMITED?

HUNG THANH AGRICULTURAL MATERIALS COMPANY LIMITED is not listed company

Where is the location of HUNG THANH AGRICULTURAL MATERIALS COMPANY LIMITED?

HUNG THANH AGRICULTURAL MATERIALS COMPANY LIMITED is located at No. 86, Dai Chi Hamlet, Dai Tam Commune, My Xuyen District, Soc Trang Province, Vietnam

What is HUNG THANH AGRICULTURAL MATERIALS COMPANY LIMITED’s business registration?

HUNG THANH AGRICULTURAL MATERIALS COMPANY LIMITED business registration is 2200731522

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HUNG THANH AGRICULTURAL MATERIALS CO., LTD: A Key Fertilizer and Pesticide Distributor in Vietnam’s Mekong Delta