Nam Phat Shipbuilding And Shipping Company Corporation (Vietnam)

Officially starting its history in 2011, the subject is engaged in the field of processing and trading steel sheet, steel wire, steel rods, stainless steel, etc; shipbuilding and repairing ships; transporting goods by sea, port and warehousing services. As a revelation from a female accountant of the company, the revenue from steel trading occupies about 80% of its total turnover now. Its steel products are mainly served domestic demand and partly exported to Laos, the Philippines, and Australia. The subject has still obtained growth in revenue year by year, yet it has had to suffer significant losses in recent years, especially in 2022 because of the fluctuation of the steel price. According to its accountant, the revenue for the first half of this year has kept rising to VND 3,842 billion, boosted by 53.68% over VND 2,500 billion in the same period last year. The profit/ loss has not been disclosed yet.