XALOTHO COMPANY LIMITED

With nearly three decades of continuous operation, XALOTHO COMPANY LIMITED (CÔNG TY TNHH XUÂN LỘC THỌ) has established itself as a prominent private manufacturer in Vietnam’s industrial and electrical equipment sector. Founded on 16 August 1995 and headquartered at No. 362 Tran Khat Chan Street, Thanh Nhan Ward, Hai Ba Trung District, Ha Noi City, the company operates under Business ID 0100736347 with a strong capital base and diversified operations.

The company’s core business lies in the manufacture of electrical devices, lighting equipment, and water pipes, while it also trades in products such as tires, tubes, uPVC doors, and industrial pumps. In addition to manufacturing, XALOTHO has ventured into real estate and holds licenses across multiple sectors including forestry, aquaculture, and mining, though its primary registered industry is manufacture of other electrical equipment (code 2790).

Led by General Director Tran T. T. H. and Deputy General Director Pham T. V., XALOTHO employs a workforce of approximately 1,500 people, reflecting its large-scale operations. Shareholding is concentrated between the two top executives, with Pham T. V. owning 51.8% and Tran T. T. H. holding 48%, ensuring tight managerial control.

Financially, the company presents a solid and consistent growth trajectory. In 2023, total assets reached USD 160.47 million, a remarkable 35.32% increase year-over-year. Sales grew modestly by 2.41% to USD 132.4 million, while profit rose by 17.13% to USD 2.05 million, indicating improved operational efficiency. Equity also climbed by 5.1%, reaching USD 36.2 million, and working capital expanded to USD 37.82 million, reinforcing liquidity stability. These figures reflect a financially sound and steadily advancing enterprise in Vietnam's manufacturing landscape.

However, the company's wide scope—from electrical equipment to mining and aquaculture—may raise questions about strategic focus and resource allocation. For this reason, business partners, investors, and suppliers are encouraged to perform detailed due diligence.

Vanguard Business Information LLC (VBI) provides essential business verification and risk management services, allowing stakeholders to thoroughly evaluate companies like XALOTHO COMPANY LIMITED. With VBI’s verified reports, clients gain access to detailed insights into ownership structure, creditworthiness, financial health, and compliance—tools that are indispensable in navigating Vietnam’s complex industrial market.