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Techtronic Industries Vietnam Manufacturing Company Limited (Vietnam)

Main Activities: All Other Miscellaneous Manufacturing
Secondary Activities: Wholesale Trade | Household Appliances and Electrical and Electronic Goods Merchant Wholesalers | Industrial Machinery and Equipment Merchant Wholesalers
Full name: Techtronic Industries Vietnam Manufacturing Company Limited Profile Updated: February 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Techtronic Industries (TTI Group) is a world leader with rapid growth in the fields of power tools, accessories, hand tools, outdoor equipment, and consumer floor care and cleaning, Do-It-Yourself (DIY) customers, professional and industrial users in the fields of renovation, repair, maintenance, housing construction and infrastructure. Founded in 1985 and listed on the Hong Kong Stock Exchange in 1990, TTI is included in the Hang Seng index and is considered one of the key stocks. The Group maintains a strong brand portfolio, global product development and manufacturing footprint, and stable financial position with 2022 worldwide revenues of USD 13.3, and more than 44,000 global employees as of the first half of 2023.Being a member company of TTI Group, TTI Vietnam Manufacturing is an export processing enterprise specializing in manufacturing, processing, assembling electrical equipment, electrical accessories, electric hand tools, products and equipment used for floors; electric tools; lighting equipment, measuring instruments, non-electric hand tools, pumps…100% of finished products are mainly exported to USA for consumption.According to information from the General Department of Customs, although difficulties still exist, the production activities of many import-export enterprises in Binh Duong Province are gradually recovering when orders return in the last months of 2023. A representative of the Customs Procedures Department said that TTI Vietnam Manufacturing is currently exporting goods to many strict and important markets around the world. In recent times, although the world economic situation has faced many difficulties, this company's production and business activities still achieved solid results.

Headquarters
No. 9A VSIP II-A, Road No. 27, Vietnam - Singapore II A Industrial Park, Vinh Tan Ward
Binh Duong; South Eastern Vietnam; Postal Code: 75000

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Website: https://www.ttigroup.com.vn/

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
August 27, 2018
Key Executives
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Director
Ownership Details
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100%
Subsidiaries
Baywa R.E. Solar Systems (Vietnam) Company Limited
Baywa R.E. Vietnam Co., Ltd
Baywa R.E. Wind Projects Vietnam Co., Ltd
Company Performance
Financial values in the chart are available after Techtronic Industries Vietnam Manufacturing Company Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency VND. Absolute financial data is included in the purchased report.
Net sales revenue
-17.95%
Total operating revenue
-17.95%
Operating profit (EBIT)
-60.37%
Net Profit (Loss) for the Period
-69.45%
Total assets
-17.18%
Total equity
9.48%
Operating Profit Margin (ROS)
-2.38%
Net Profit Margin
-2.26%
Return on Equity (ROE)
-22.37%
Quick Ratio
-0.25%
Cash Ratio
-0.32%

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