TRUONG HAI AGRICULTURE JOINT STOCK COMPANY

TRUONG HAI AGRICULTURE JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN NÔNG NGHIỆP TRƯỜNG HẢI), also known as THACO AGRI, is a leading privately held enterprise operating under tax code 4001174655. Officially incorporated on March 18, 2019, the company is headquartered at Tam Hiep Industrial Park, Tam Hiep Commune, Nui Thanh District, Quang Nam Province, Vietnam, with representative offices in Ho Chi Minh City and Gia Lai. In just over six years, the company has grown rapidly to become a major player in Vietnam’s agriculture and food processing industry.

The company is chaired by TRAN B.D, with TRAN B.S as General Director and NGUYEN H.P serving as Deputy General Director. Their leadership has guided TRUONG HAI AGRICULTURE JOINT STOCK COMPANY through expansive growth, supported by a workforce of approximately 7,000 employees. The company’s core activities span from cultivation and livestock farming to fruit and vegetable processing—reflecting its vertically integrated agribusiness model.

According to the latest Company Financial Data, THACO AGRI reported total assets of USD 1.77 billion in 2023, a strong 26.21% year-over-year increase. Equity also rose by 13.03%, reaching USD 383.31 million, indicating steady shareholder investment and retained capital strength. However, despite its growing asset base and working capital of USD 588.94 million, the company faced significant challenges with a net loss of USD 58.51 million, a 32.9% drop from the prior year.

Sales declined from USD 227.58 million in 2022 to USD 194.45 million in 2023, representing a 14.56% decrease—a concerning trend when viewed from a risk management perspective. This downturn raises important questions around cost structure, market demand, and operational efficiency, all of which should be explored in any proper Company Report or Due Diligence review.

Ownership remains firmly in Vietnamese hands, with TRUONG HAI GROUP CORPORATION holding a 75% stake. This backing by a major conglomerate provides financial stability but does not eliminate the volatility associated with the agri-food sector—particularly when operating at such scale.

As Vietnam's agricultural landscape evolves, TRUONG HAI AGRICULTURE JOINT STOCK COMPANY stands at the intersection of growth potential and operational risk. With comprehensive Company Financial Data available, stakeholders and investors are encouraged to conduct ongoing Due Diligence to assess the firm’s profitability trajectory, capital efficiency, and overall strategic fit in an increasingly competitive market.