VINACOMIN - COAL IMPORT EXPORT JOINT STOCK COMPANY

VINACOMIN - COAL IMPORT EXPORT JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN XUẤT NHẬP KHẨU THAN - VINACOMIN) is a key player in Vietnam’s coal trading and energy supply sector, specializing in the import, export, processing, and distribution of coal and related products. Established on January 25, 2005, the company is legally registered as a joint-stock company (JSC) under Business ID: 0100100304 and operates under the Ha Noi City Department of Planning and Investment. It is a state-invested enterprise, with Vietnam National Coal and Mineral Industries Holding Corporation Limited holding 55.41% of shares, while the remaining 44.59% is owned by other shareholders.

The company’s headquarters is located at No. 47, Quang Trung Street, Tran Hung Dao Ward, Hoan Kiem District, Ha Noi City, Vietnam, with branches in Ho Chi Minh City, Quang Ninh, and Ha Noi. VINACOMIN - COAL IMPORT EXPORT JOINT STOCK COMPANY is listed on the Hanoi Stock Exchange (HNX) under the ticker symbol CLM, reflecting its role as a publicly traded company in Vietnam’s coal industry.

Key Personnel

• Chairman: Mr. BUI VAN TUAN (Vietnamese) – Oversees corporate governance and strategic planning.
• Director: Mr. PHAM MINH (Vietnamese) – Responsible for operational and financial management.
• Deputy Director: Mr. NGUYEN THUY DUONG (Vietnamese) – Assists in business expansion and resource allocation.

Financial Performance and Risk Analysis

As of December 31, 2023, the company reported the following financial figures:

• Total Assets: USD 98.81 million (YoY growth of 151.64%)
• Owner’s Equity: USD 26.48 million (YoY growth of 26.57%)
• Total Sales Revenue: USD 736.39 million (YoY growth of 35.51%)
• Net Profit: USD 7.37 million (YoY decline of -47.08%)
• Net Worth: USD 26.48 million

While the company has experienced rapid growth in assets and sales, its profitability has declined significantly, indicating rising costs or market challenges. VANGUARD BUSINESS INFORMATION LLC (VBI), a private financial data supplier, provides risk management services and company reports to help investors evaluate the financial health of VINACOMIN - COAL IMPORT EXPORT JOINT STOCK COMPANY.

Business Operations and Industry Overview

As a major coal trader in Vietnam, the company plays a crucial role in supplying fuel for power plants, industrial facilities, and steel production. Its key business activities include:

• Importing and exporting coal and related products
• Processing and trading equipment and supplies for the coal industry
• Warehousing and storage services
• Wholesale of metals, ores, and construction materials
• Industrial machinery installation and waste management services

The coal and energy sector is vital for Vietnam’s industrial growth, yet companies like VINACOMIN - COAL IMPORT EXPORT JOINT STOCK COMPANY face challenges such as global energy price fluctuations, environmental regulations, and shifts toward renewable energy sources.

VBI’s company report identifies the company as a key supplier with strong market influence, but highlights potential risks in profitability sustainability. To remain competitive, the company must diversify its energy portfolio, improve cost management, and adapt to changing industry trends.

With VBI’s risk management expertise, businesses and investors can make data-driven decisions regarding their engagements with VINACOMIN - COAL IMPORT EXPORT JOINT STOCK COMPANY, ensuring greater financial security and strategic growth.