TRUNG SON HUNG YEN FOODSTUFF CORPORATION
ActiveTRUNG SON HUNG YEN FOODSTUFF CORPORATION
ActiveTRUNG SON HUNG YEN FOODSTUFF CORPORATION
ActiveSummary
Founded on November 6, 2007, TRUNG SON HUNG YEN FOODSTUFF CORPORATION (CÔNG TY CỔ PHẦN THỰC PHẨM XUẤT KHẨU TRUNG SƠN HƯNG YÊN) operates as a privately held joint-stock company under Business ID: 0900192590, registered with the Hung Yen Department of Finance. The company’s head office is located in Hanh Lac Hamlet, Nhu Quynh Commune, Hung Yen Province, with a representative office in Ha Noi at No. 4A, Lane 25, Lang Ha Street, Dong Da District.
The company mainly engages in processing and preserving fisheries and fishery products for domestic consumption and export markets. Secondary registered activities include processing fruits and vegetables, wholesale of agricultural materials, warehousing, cargo handling, and technical testing and analysis. These diversified operations provide flexibility within Vietnam’s competitive food-export industry.
TRUNG SON HUNG YEN has a total charter and paid-up capital of approximately USD 4.1 million and employs around 1,685 workers, reflecting a large-scale production capacity. Trung Son Foodstuff Corporation (64.75%) and Hoang Hoa Investment Co., Ltd (10%) dominate the company's ownership, while several Vietnamese individual shareholders hold the rest.
In 2023, the company achieved total assets of USD 49.24 million, an increase of 30% year-on-year, and sales revenue of USD 106.7 million, up 2.2% from 2022. Equity reached USD 6.76 million, growing 4%, while net profit slightly decreased by 0.76% to USD 4.16 million. Despite minor fluctuations in profit, the company maintained a positive working capital of USD 2.41 million and a stable financial position.
Under the direction of Mr. Nguyen V. K., the company continues to expand its seafood processing and export activities while improving operational efficiency. With a business history of more than 17 years, TRUNG SON HUNG YEN FOODSTUFF CORPORATION has established itself as a consistent performer in Vietnam’s seafood export sector — balancing growth with financial prudence and maintaining resilience amid market challenges.
The company’s steady expansion of assets and revenues underscores its reliability as a long-term supplier in the global food-processing industry, supporting Vietnam’s position as one of the world’s key seafood exporters.
Legal Profile
Contacts
+ NGUYEN V.K
+ LE T.B.L
Business Sector
Key business lines:
Industry Sales Growth
0.03%
-11.89%
Companies by industry
4,228
0.1454%
Key Industry Players
Payment History
Financial Performance
| Assets | -38.78% |
| Owner’s Equity | 96.00% |
| Working Capital | -63.42% |
| Net Worth | 61.55% |
| Sales | 12.47% |
| Operating income | 72.29% |
| EBIT | 74.05% |
| Gross Profit Margin | 96.13% |
| Debt to EBITDA | -55.93% |