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Thuan Phong Express Company Limited (Vietnam)

Main Activities: Couriers and Express Delivery Services
Secondary Activities: Wholesale Trade | Retail Trade | Truck Transportation
Full name: Thuan Phong Express 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

The subject was founded in Jan 2016. However, it launched an operation in Dec 2017. Therefore, there was no turnover in 2016 & 2017. Updated to Aug 2020, J&T Express has more than 1,000 post offices (doubled in 2018) in all 63 provinces, and in 2022, the number continued to increase to more than 1,900 post offices spread across the country. According to sources from Bloomberg, J&T Express has raised USD 2 billion from Temasek Holdings in its latest funding round. The news comes as the Indonesia-based express delivery company is planning an initial public offering (IPO) in Hong Kong. J&T Express is one of the Indonesian well-known express companies currently able to cover many countries (Vietnam, Indonesia, Malaysia, Philippines, Thailand, Singapore, and Cambodia…). On June 24, 2023, at the announcement ceremony of the Asian Excellent Brand 2023, J&T continued to win the Asia Excellence Brand Award - the Gold Medal for Asian Quality Products and Services. This is the second time in a row that the company has won this award.

Headquarters
9th Floor, Sofic Tower, No. 10, Mai Chi Tho Street, Thu Thiem Ward
Ho Chi Minh municipality; South Eastern Vietnam; Postal Code: 70000-74000

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Website: https://jtexpress.vn/

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
January 13, 2016
Key Executives
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Director
Ownership Details
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100%
Subsidiaries
Tiep Thong Viet Nam Company Limited
Upos Viet Nam Company Limited
Company Performance
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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
5.31%
Total operating revenue
5.31%
Operating profit (EBIT)
3.1%
Net Profit (Loss) for the Period
19.98%
Total assets
3%
Total equity
-25.27%
Operating Profit Margin (ROS)
1.06%
Net Profit Margin
3.65%
Return on Equity (ROE)
-11.41%
Debt to Equity Ratio
32.12%
Quick Ratio
-0.06%
Cash Ratio
-0.08%

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