UNIMEX HANOI JOINT STOCK COMPANY

UNIMEX HANOI JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN LIÊN HIỆP XUẤT NHẬP KHẨU VÀ ĐẦU TƯ HÀ NỘI), with its legacy rooted in trade and service operations, has undergone a remarkable transformation over the past year. Incorporated on 29 December 2005 under Business ID 0100106842, the company is headquartered at No. 41 Ngo Quyen Street, Hang Bai Ward, Hoan Kiem District, Ha Noi City, Vietnam, with additional branches in Ho Chi Minh City, Hai Phong, and Ba Dinh District in Ha Noi.

Operating across a broad spectrum of activities—from warehousing and logistics to manufacturing and business support services—UNIMEX HANOI remains an active player in Vietnam’s diversified service and trade sector. It is a privately held joint stock company with charter capital of USD 8.2 million and a total workforce of 208 employees.

The company’s management is led by Nguyen N. N., who serves as General Director, supported by Deputy General Directors Nguyen V. H. and Nguyen Q. A.. Ownership is primarily dominated by T&T Group JSC, which holds 50%of the shares, followed by state-owned interests (20%), employees (2%), and other stakeholders (28%).

What stands out most about UNIMEX HANOI’s recent performance is its dramatic revenue growth. In 2023, sales skyrocketed to USD 132.58 million, a staggering 9,724.59% increase compared to the previous year. This surge likely reflects either the execution of a major contract or a substantial reorganization of revenue streams. At the same time, total assets ballooned to USD 141.69 million, reflecting a 1,201.55% increase—another extraordinary leap suggesting asset expansion or significant inflows of capital or goods. However, despite this sharp increase in top-line figures, the company reported a modest profit of just USD 33,253, representing a sharp 84.13% drop compared to 2022. The situation is further complicated by negative equity, which stood at USD -10.98 million, and negative working capital of USD -16.29 million, pointing to structural financial instability beneath the growth figures.

Such contrasting signals—high revenue with negligible profit and negative net worth—suggest a company in transition or possibly absorbing the risks of rapid expansion. This makes UNIMEX HANOI a prime subject for deeper financial due diligence and credit risk assessment.

For businesses seeking partnerships or transactions with UNIMEX HANOI JOINT STOCK COMPANY, looking beyond the surface numbers is essential. Vanguard Business Information LLC (VBI) offers independent, thorough business verification and risk management services, allowing partners to assess the company’s credit health, financial trajectory, and structural risks. In cases like this—where impressive turnover masks underlying financial fragility—VBI’s risk intelligence tools provide the clarity necessary for sound decision-making.

UNIMEX HANOI presents both promise and peril. As it navigates its next development phase, it will require operational growth and a firm grip on financial restructuring and profit stabilization to sustain its long-term credibility in the Vietnamese business landscape.