YOUNG POONG ELECTRONICS VINA COMPANY LIMITED

YOUNG POONG ELECTRONICS VINA COMPANY LIMITED (CÔNG TY TNHH YOUNG POONG ELECTRONICS VINA) is a leading manufacturer of electronic components and printed circuit boards (PCBs) in Vietnam. Established on November 18, 2016, the company operates as a one-member limited liability company and is fully owned by Young Poong Electronics Co., Ltd., South Korea. Registered under Business ID 2500574359, YOUNG POONG ELECTRONICS VINA COMPANY LIMITED is headquartered at Lot CN06, Binh Xuyen II Industrial Park, Ba Hien Town, Binh Xuyen District, Vinh Phuc Province, Vietnam. With a workforce of 1,200 employees, the company plays a vital role in the supply chain for high-tech electronics manufacturing.

Financially, YOUNG POONG ELECTRONICS VINA COMPANY LIMITED has faced a challenging year in 2023, with total assets declining by 54.51% to USD 79.84 million. While sales reached USD 591.87 million, marking a year-over-year decline of 8.82%, the company reported a net loss of USD 3.61 million, a sharp drop of 134.72% compared to the previous year’s profit. Despite these setbacks, the company maintains a strong equity position of USD 22.67 million, indicating resilience in its financial structure.

The leadership team of YOUNG POONG ELECTRONICS VINA COMPANY LIMITED is composed of Mr. HAN JUNG HO, who serves as General Director, and Mr. LEE JIN SU, the Financial Director, both of South Korean nationality. Additionally, Ms. TRAN THI LOAN, a Vietnamese national, holds the position of Chief Accountant, ensuring compliance with local financial regulations.

The company specializes in the manufacture and processing of flexible printed circuit boards (FPCBs) and Surface Mount Technology (SMT) products. It is also engaged in wholesale of electronic and telecommunications equipment, technical testing and analysis, and machinery leasing.

VANGUARD BUSINESS INFORMATION LLC (VBI), a premier provider of business intelligence, financial analysis, and risk assessment, has assessed YOUNG POONG ELECTRONICS VINA COMPANY LIMITED, highlighting its strategic importance in Vietnam’s electronics sector. While the company faces short-term financial difficulties, its strong industry presence and technological expertise position it for long-term recovery and growth.