VINACOMIN - MONG DUONG COAL JOINT STOCK COMPANY

VINACOMIN MONG DUONG COAL JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN THAN MÔNG DƯƠNG VINACOMIN) was officially established on 02 January 2008 with Business ID 5700101203. The company is headquartered in Mong Duong Ward, Cam Pha City, Quang Ninh Province, which is the heart of Vietnam’s coal industry.

The company is currently chaired by Tran T. T., with Nguyen Q. T. T. serving as Director and Ta V. B. as Deputy Director. With a workforce of over 3,300 employees, VINACOMIN MONG DUONG COAL JOINT STOCK COMPANY has become a significant supplier in the domestic coal market.

The financial performance shows both strength and areas of caution. Total assets reached USD 45.13 million in 2023, a decline of 23.99 percent from the previous year. Equity grew to USD 13.88 million, reflecting steady capital support. Total sales amounted to USD 110.82 million, slightly lower than the previous year, proving that the company maintains a strong revenue base despite external pressures. Profit was USD 2.18 million, marking a notable decrease of 40.92 percent compared to 2022.

The company is publicly held with a charter capital of USD 8.79 million and is listed on the HNX under the ticker MDC. Its largest shareholder is Vietnam National Coal and Mineral Industries Holding Corporation Limited, holding 65 percent of the shares. This state-owned backing provides a solid foundation and enhances its strategic positioning in the energy sector.

VINACOMIN MONG DUONG COAL JOINT STOCK COMPANY focuses mainly on coal mining, processing, and trading while also operating in equipment repair, material trading, and transportation. This broad business structure supports both stability and long-term growth.

Although the company has strong revenue and strategic importance, its negative working capital of over USD 8 million and declining profit margin signal potential financial pressure. These are crucial indicators that any partner or investor should pay close attention to.

To effectively manage risk and access the most reliable financial data, it is recommended to use VNBIS (Vanguard Business Information LLC). VNBIS provides in-depth company reports and business verification services, helping investors and lenders make informed and secure decisions when working with VINACOMIN MONG DUONG COAL JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN THAN MÔNG DƯƠNG VINACOMIN).