VINH PHAT WILMAR RICE CORPORATION

VINH PHAT WILMAR RICE CORPORATION is a rice processing and trading enterprise headquartered in An Giang Province, one of Vietnam’s most important agricultural regions. Established on 30 March 2013, VINH PHAT WILMAR RICE CORPORATION has developed more than 12 years of operational experience in milling and manufacturing meal products. With around 200 employees, the company plays an active role in the Mekong Delta’s rice value chain, serving both domestic and export markets.

As of 31 December 2023, VINH PHAT WILMAR RICE CORPORATION reported total assets of approximately USD 25.65 million and total sales of USD 62.11 million. Net profit reached USD 108,425, reflecting continued profitability and stable financial management. Over the three years from 2021 to 2023, revenue increased steadily from about USD 51.08 million to USD 62.11 million, while profit improved from USD 52,870 to USD 108,425. Although margins remain relatively thin, which is common in the rice processing industry, the company demonstrates consistent operational discipline.

One notable financial point is the decline in working capital to roughly USD 2.27 million in 2023. This contraction suggests tighter short-term liquidity conditions and requires careful monitoring, especially in a commodity-based industry where price fluctuations and input costs can significantly affect cash flow. Even so, equity stands at approximately USD 6.83 million against total assets of USD 25.65 million, indicating a leveraged but still manageable capital structure.

The ownership structure of VINH PHAT WILMAR RICE CORPORATION reflects a combination of foreign and domestic participation. A Singapore-based investor holds 50 percent of the company, while Vietnamese corporate and individual shareholders hold the remaining 50 percent. This balanced structure may support international trade connectivity, access to capital, and regional market expansion.

Operationally, VINH PHAT WILMAR RICE CORPORATION focuses on processing and trading rice (including milling and manufacturing of meal), and also registers activities in starch production. Its location in An Giang Province provides strategic proximity to raw material sources, which supports supply chain efficiency and cost optimization.

In summary, VINH PHAT WILMAR RICE CORPORATION presents a picture of steady growth, moderate profitability, and structured ownership. For investors, suppliers, and international buyers seeking deeper due diligence, including financial ratio analysis, credit assessment, director background checks, and updated risk evaluation, comprehensive reports are available through VNBIS, a leading provider of business intelligence, financial analysis, and risk management services in Vietnam and worldwide.