- CEO
- Kun Hsiang Yang
- Full Time Employees
- 4,005
- Sector
- Consumer non-durables
- Industry
- Food: specialty/candy
- Address
- Lee Garden One, 33 Hysan Avenue Hong Kong Hong Kong
- IPO Date
- Jun 27, 2003
- Business
- Vedan International (Holdings) Limited is an investment holding company principally engaged in the production and sale of fermented food additives, biochemical products, and cassava starch-based industrial products utilizing advanced fermentation technology. The company manufactures a diverse range of core products including monosodium glutamate (MSG) and seasonings such as soup stocks, bouillons, and seasoning powders; amino acids like lysine and glutamic acid; starch products comprising native starch for sausages, ice-creams, canned soup, and noodles, modified starch for textiles, paper, food, feedstuff, and cosmetics, and glucose syrup or maltose for food processing, confectionery, bakery, and MSG production; specialty chemicals including caustic soda for MSG production, metal processing, food, textiles, cosmetics, paint, water treatment, and detergents, hydrochloric acid for glutamic acid production, food, textiles, beverages, seafood, and metal processing, and hypochlorite as a bleaching agent for detergents; as well as fertilizers, animal feed products, and other items like coffee and bulk food ingredients. Founded in 1970 and headquartered in Dong Nai Province, Vietnam, with its registered office in Hong Kong, the company operates primarily in Vietnam, Japan, the People's Republic of China, other ASEAN countries, and the United States, serving food manufacturing, agriculture, textiles, paper, pharmaceuticals, cosmetics, and industrial sectors. In recent developments, the company reported a turnaround to net profit of $8.331 million for the half-year ended June 30, 2024, compared to a prior-year loss, amid revenue of $0.185 billion; actively developed new fertilizer and feed products to counter market competition and sluggish demand; achieved revenue growth in coffee and bulk food ingredients due to rising prices and sustained demand; approved a final dividend for the year ended December 31, 2024, payable in June 2025; and confirmed compliance with Hong Kong Stock Exchange listing rules in its 2024 annual report.