Officially founded in 2009, the subject is known as a privately held company, getting involved in trading agricultural products for the fields of feed production and agricultural processing. As revealed, it mainly imports products from international markets such as Ivory Coast, Argentina, etc. Its products are both supplied to domestic clients and exported to India and Africa. The operation has been expanded over the years.In terms of finance, the subject was mostly based on external resources. The liability ratio was up to more than 98% in the 2020-2021 period, besides taking advantage of a high number of trade credits from suppliers, it mobilized a significant number of loans and financial leases to meet the working capital demand. Annual incurred loan interest expenses were huge, which made the interest payment pressure high. It means the subject's financial structure was risky.The revenue scale impressively increased over the last three years, from VND 1,766 billion in 2019 to VND 9,652 billion in 2021. Last year, it achieved a positive net income instead of a significant loss in 2020. Generally, the subject is operating normally with a labor force of more than 30 people. It is expected that credit transactions with it could be deployed under periodic monitoring.
Legal Address
No. 304, Tran Khat Chan Street, Thanh Nhan Ward
Ha Noi (municipality); Red River Delta;
Postal Code: 10000-14000
Contact Details: Purchase the Bivc International Agriculture Joint Stock Company report to view the information.
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