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TRUONG HAI AGRICULTURE JOINT STOCK COMPANY

Active

Business ID 4001174655

TRUONG HAI AGRICULTURE JOINT STOCK COMPANY

Active

Business ID 4001174655

TRUONG HAI AGRICULTURE JOINT STOCK COMPANY

Active

Summary

Name:

TRUONG HAI AGRICULTURE JOINT STOCK COMPANY

Business ID (TIN):

4001174655

Date of Registration:

18 Mar 2019

Registered Office:

Quang Nam Province Department of Planning and Investment

Address:

Tam Hiep Industrial Park, Tam Hiep Commune, Nui Thanh District, Quang Nam Province, Vietnam

Financial Statement:

2020, 2021, 2022, 2023, 2024

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.

Legal Profile

English Name:

TRUONG HAI AGRICULTURE JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN NÔNG NGHIỆP TRƯỜNG HẢI

Short Name:

THACO AGRI

Business ID (TIN):

4001174655

Date of Registration:

18 Mar 2019

Registered Office:

Quang Nam Province Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ TRAN B.D

+ TRAN B.S

+ NGUYEN H.P

+ NGUYEN N.A

+ TRAN T

+ BUI M.K

Address:

Tam Hiep Industrial Park, Tam Hiep Commune, Nui Thanh District, Quang Nam Province, Vietnam

Representative office:

SOFIC Building, No. 10, Mai Chi Tho Street, Thu Thiem Ward, Thu Duc City, Ho Chi Minh City, Vietnam

Representative office:

No. 15, Truong Chinh Street, Phu Dong Ward, Pleiku City, Gia Lai Province, Vietnam

Business Sector

Key business lines:

VSIC:

1030 Processing and preserving of fruit and vegetables

NACE:

10.31 Processing and preserving of fruit and vegetables

NAICS:

3114 Fruit and Vegetable Preserving and Specialty Food Manufacturing

Industry Sales Growth

CAGR (2019 - 2023)

16.43%

YoY (2023)

3.14%

Companies by industry

Company distribution and propportions

3,108

0.1069%

Key Industry Players

Top 10 companies in processing and preserving of fruit and vegetables industry

long son joint stock company vinh hiep company limited cao phat company limited nafoods group joint stock company 16 one member limited liability company minh loan agriculture import and export company limited hoang son i joint stock company truong hai agriculture joint stock company benlin agricultural joint stock company kien nong agricultural joint stock company

Payment History

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Financial Performance

Assets	95.22%
Owner’s Equity	63.27%
Working Capital	-56.72%
Net Worth	-60.38%
Sales	28.70%
Operating income	86.35%
EBIT	7.98%
Gross Profit Margin	-2.00%
Debt to EBITDA	86.02%

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Tangible Net Worth

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Profit and Loss Statement

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Management and Directors

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Business Operation

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Industry Information

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Negative Payment Records

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Litigation Records; Negative News

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Opinion from Analysts

Specific Questions About TRUONG HAI AGRICULTURE JOINT STOCK COMPANY

When did TRUONG HAI AGRICULTURE JSC start operating?

TRUONG HAI AGRICULTURE JSC was started in 18 Mar 2019

What industry does TRUONG HAI AGRICULTURE JSC operate in?

TRUONG HAI AGRICULTURE JSC is operating in "Processing and preserving of fruit and vegetables" industry

How can I contact TRUONG HAI AGRICULTURE JSC?

TRUONG HAI AGRICULTURE JSC don't share phone numbers information

What adverse news is there about TRUONG HAI AGRICULTURE JSC?

TRUONG HAI AGRICULTURE JSC’s has 17 bad news

What is stock symbol of TRUONG HAI AGRICULTURE JSC?

TRUONG HAI AGRICULTURE JSC is not listed company

Where is the location of TRUONG HAI AGRICULTURE JSC?

TRUONG HAI AGRICULTURE JSC is located at Tam Hiep Industrial Park, Tam Hiep Commune, Nui Thanh District, Quang Nam Province, Vietnam

What is TRUONG HAI AGRICULTURE JSC’s business registration?

TRUONG HAI AGRICULTURE JSC business registration is 4001174655

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