VIETNAM FLOUR MILLS LTD

VIETNAM FLOUR MILLS LTD
CÔNG TY TNHH XAY LÚA MÌ VIỆT NAM

Located in the My Xuan A Industrial Park of Phu My City, Ba Ria—Vung Tau Province, Vietnam Flour Mills Ltd is a long-established and significant player in the country’s food processing industry. Since its registration on 26 August 1994, the company has steadily operated for over 30 years under a one-member limited liability structure. It is fully foreign-invested (FDI), with GLOWLAND LIMITED of Samoa as its sole shareholder.

Under the leadership of Mr. Dinh X. Q., who serves as General Director, the company specializes in  milling and manufacturing wheat flour. Its core products are diversified further into animal feeds and other food-related products, indicating a well-integrated operation in human and livestock food chains. The firm employs 171 staff and maintains a representative office in District 1, Ho Chi Minh City, and its Ba Ria - Vung Tau manufacturing site.

Financially, the company has shown signs of recovery after a turbulent period. In 2022, it suffered a net loss of nearly half a million USD. However, by 2023, profits returned to the black, and in 2024, they further grew to over USD 1.46 million, marking a remarkable profit rebound of 212% year-on-year. Sales revenue improved by 4.6% to reach USD 116.5 million, and total assets slightly rose to over USD 51.4 million. The company’s equity base remained relatively stable at nearly USD 31.9 million, signaling consistent capital backing.

Despite a challenging period between 2022 and 2023 that saw a drop in assets and revenue, Vietnam Flour Mills Ltd appears to be regaining momentum. The modest increase in sales and strong profit recovery in 2024 underscore a more efficient cost structure or an improved product mix. While its net worth slightly contracted, the working capital figure of nearly USD 19.6 million shows strong short-term financial health and operational flexibility.

Vietnam Flour Mills continues to focus on its core segment—producing and trading wheat flour—while also expanding its product line and supporting Vietnam’s food security through essential milling capabilities. Its long market tenure and FDI-backed stability make it a key player in the nation’s grain processing and agri-food sectors. For clients and investors seeking deeper insights, a comprehensive due diligence report is available through VANGUARD BUSINESS INFORMATION LLC (VNBIS).