Established in 2016 in Bac Ninh Province, the subject specializes in manufacturing and processing telephone equipment, signal transceiver equipment and automotive components, mainly frames and metal covers. It is a subsidiary of SEOJIN SYSTEM CO., LTD from South Korea. Besides the subject, SEOJIN SYSTEM CO., LTD is also the investor of some companies in Vietnam, that have the same business line as the company. It could be seen that the subject's business results were very good in the period 2019 - 2021 with a turnover of several trillion dongs per year and the profitability performance was always high. However, the subject's business operation decreased seriously in 2022. Although the net sales were still recorded at VND 2.6 trillion, the COGS exceeded the net sales. As a result, its gross profit was negative and the company lost VND 539 billion in that year. Generally, due to the effects of the economic downturn, the subject's operation in 2022 was not effective.
Headquarters
Lot J5, Dai Dong - Hoan Son Industrial Park, Tan Hong Ward
Bac Ninh; Red River Delta;
Postal Code: 16000
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