VIET PHAT PACKING AND PLASTICS COMPANY LIMITED

VIET PHAT PACKING AND PLASTICS COMPANY LIMITED (CÔNG TY TNHH MỘT THÀNH VIÊN NHỰA BAO BÌ VIỆT PHÁT) is a well-established manufacturer of plastic packaging products in Vietnam. Founded on 05 April 2007 and headquartered at Phu Bai Industrial Park, Hue City, the company has more than 18 years of operational experience in the plastics and packaging sector.

Operating as a one-member limited liability company with charter capital of approximately USD 8.22 million, VIET PHAT employs around 300 workers. The company specializes in manufacturing plastic packaging and trading plastic granules, serving both domestic and industrial clients. It also maintains a representative office in Da Nang to support regional sales and distribution.

Financially, the company reported total assets of USD 23.72 million in 2024. Revenue reached USD 37.78 million, though this represented a 41.8% decline compared to the previous year. Net profit stood at USD 1.84 million, remaining positive despite a 34.96% year-on-year decrease. Owner’s equity amounted to USD 10.09 million, reflecting a relatively stable capital base, while working capital remained positive at USD 8.57 million, indicating solid short-term liquidity.

As shown in the financial performance table on page 3, the company experienced strong growth in 2023 before a contraction in 2024, particularly in sales and profit. However, profitability has remained positive for three consecutive years, demonstrating operational resilience amid fluctuating market demand.

The company is chaired by Mr. NGUYEN VAN PHUC and directed by Mr. MAI D. T. A., with Mr. NGUYEN VAN SON serving as Chief Accountant. VIET PHAT PACKING AND PLASTICS COMPANY LIMITED is wholly owned by DANANG PLASTIC AND CHEMICAL JOINT STOCK COMPANY (100%), reinforcing its position within a broader plastics manufacturing group.

With nearly two decades of industry experience, a stable equity base, and continued profitability, VIET PHAT PACKING AND PLASTICS COMPANY LIMITED remains a notable mid-sized producer in Vietnam’s plastic packaging manufacturing industry.