The subject is a member of a famous retailing brand in the USA – Circle K – with over 60 operating years as the franchisee's system. Convenience store chains in Vietnam are racing up in recent years. “Circle K” is the first international convenience store brand presented in Vietnam in 2008. Up to now, this US brand can also be considered as the most successful case in the market when it expands more than 400 stores across Vietnam, accounting for nearly half of the convenience store segment in the retail market. Next is Family Mart with 18.8%, Ministop 14.3%, 7-Eleven 7.3%.In terms of the market, the subject is one of the leading enterprises in this field. However, in terms of finance, the company operates entirely on external sources (especially loans). This indicates a potentially high financial risk. Therefore, we still rate this business at the "C" level. However, we do not give out the credit recommendation. Note: Because the financial year of this company ends on March 31, it is not similar to most businesses in the same industry. Therefore, it does not appear in the "Top 10 companies in the same industry" in our source because of our technical limitations.
Headquarters
Lot II, Hong Linh Plaza, Road 9A, Binh Hung Ward
Ho Chi Minh municipality; South Eastern Vietnam;
Postal Code: 70000-74000
Contact Details: Purchase the Red Circle Company Limited report to view the information.
Website: http://www.circlek.com.vn
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