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OCEAN TRANSPORT COMPANY LIMITED
Active
Business ID 0900258562
Risk Score
OCEAN TRANSPORT COMPANY LIMITED
Active
Business ID 0900258562
Risk Score
OCEAN TRANSPORT COMPANY LIMITED
Active
Summary
OCEAN TRANSPORT COMPANY LIMITED
0900258562
14 Sep 2006
Hung Yen Department of Planning and Investment
Pham Ngu Lao Street, Hong Chau Ward, Hung Yen City, Hung Yen Province, Vietnam
2019, 2020, 2021, 2022, 2023

DAI DUONG TRANSPORT COMPANY LIMITED (CÔNG TY TNHH VẬN TẢI ĐẠI DƯƠNG) is a privately held limited liability company that has recently made significant headlines for its extraordinary growth figures—yet these figures also raise questions that warrant deeper scrutiny. Established on 14 September 2006 under Business ID 0900258562, the company is based in Pham Ngu Lao Street, Hong Chau Ward, Hung Yen City, Hung Yen Province, Vietnam, and has been in operation for over 18 years.

Despite being modest in scale, with only 10 employees and a charter capital of approximately USD 1.19 million, the company’s financial performance in 2023 tells a bold story. Total assets jumped to USD 27.26 million, a 345.7% increase from the prior year, while sales exploded by 449.47%, reaching USD 132.49 million. However, this rapid revenue expansion was accompanied by a concerning loss of USD 167,242, and owner’s equity fell by 15.73% to USD 895,708, signaling that profitability has not kept pace with top-line growth.

Directed by Mr. Tran D. T., the company operates in a wide range of industries, with its core activity being the manufacture of structural metal products. However, it is also registered for mining (coal, peat, and lignite), coke manufacturing, waterway and road freight transport, and even shipbuilding—an unusually broad business scope for such a small company. The ownership is concentrated, with Ms. Le T. T. holding 80% and Mr. Tran D. T. holding 20% of the equity.

The mismatch between booming revenue, minimal staffing, and sustained net losses suggests potential operational or financial risk. For partners, suppliers, and investors, this makes DAI DUONG TRANSPORT COMPANY LIMITED a high-priority candidate for comprehensive verification.

Vanguard Business Information LLC (VBI) offers trusted business verification and risk management services, ideal for assessing companies showing unusual growth or inconsistencies. In this case, VBI’s reports can help clients uncover the underlying factors behind the company’s expansion, identify any financial red flags, and evaluate whether such explosive revenue is backed by stable operations or simply a temporary surge.

In short, DAI DUONG’s rapid rise draws attention—but only rigorous due diligence can confirm whether it signals long-term opportunity or short-term volatility.

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Contacts
NGUYEN T.B
Pham Ngu Lao Street, Hong Chau Ward, Hung Yen City, Hung Yen Province, Vietnam
Room No. 101 Hotel Ngan Giang, Chu Manh Trinh Street, Hien Nam Ward , Hung Yen City, Hung Yen Province, Vietnam
Business Sector
49.39 Other passenger land transport n.e.c.
Industry Sales Growth
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6.96%

icon-yoy-down

18.85%

Companies by industry
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7,246

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0.2499%

Key Industry Players
Payment History
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Financial Performance
Assets -94.64%
Owner’s Equity -3.46%
Working Capital 69.69%
Net Worth 79.41%
Sales 5.22%
Operating income -39.48%
EBIT 48.32%
Gross Profit Margin 87.66%
Debt to EBITDA -42.97%
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Specific Questions About OCEAN TRANSPORT COMPANY LIMITED
When did OCEAN TRANSPORT COMPANY LIMITED start operating?
OCEAN TRANSPORT COMPANY LIMITED was started in 14 Sep 2006
What industry does OCEAN TRANSPORT COMPANY LIMITED operate in?
OCEAN TRANSPORT COMPANY LIMITED is operating in "Other passenger land transport" industry
How can I contact OCEAN TRANSPORT COMPANY LIMITED?
OCEAN TRANSPORT COMPANY LIMITED don't share phone numbers information
What adverse news is there about OCEAN TRANSPORT COMPANY LIMITED?
OCEAN TRANSPORT COMPANY LIMITED’s has no negative news
What is stock symbol of OCEAN TRANSPORT COMPANY LIMITED?
OCEAN TRANSPORT COMPANY LIMITED is not listed company
Where is the location of OCEAN TRANSPORT COMPANY LIMITED?
OCEAN TRANSPORT COMPANY LIMITED is located at Pham Ngu Lao Street, Hong Chau Ward, Hung Yen City, Hung Yen Province, Vietnam
What is OCEAN TRANSPORT COMPANY LIMITED’s business registration?
OCEAN TRANSPORT COMPANY LIMITED business registration is 0900258562
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