Safoco Foodstuff JSC

Safoco Foodstuff JSC

HHNX:SAF
56,500.00
VND
0.00
(0.00%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Thu Hong Thi Pham
Full Time Employees
582
Sector
Consumer non-durables
Industry
Food: specialty/candy
Address
Ho Chi Minh City Vietnam
IPO Date
Jun 8, 2009
Business
Safoco Foodstuff Joint Stock Company is a Vietnam-based food manufacturing and processing enterprise primarily engaged in the production, distribution, and export of grain-based dry foodstuffs, noodles, and packaged consumer food products. Founded in 1995 and headquartered in Thu Duc City, Ho Chi Minh City, Vietnam, the company operates as a consolidated subsidiary of Southern Food Corporation - Joint Stock Company (Vinafood II). Safoco Foodstuff Joint Stock Company manufactures and commercializes an extensive portfolio of ambient and dry food products under the Safoco brand, organized into core product categories: macaroni and pasta products, including tube macaroni, elbow macaroni, twisted pasta, vegetable-infused macaroni, and soup pasta; egg and wheat noodles, including dried egg noodles, fresh egg noodles, vegetarian noodles, and yellow wheat noodles; rice vermicelli and rice noodles, comprising traditional dry rice vermicelli, fresh-style vermicelli, Hue-style thick vermicelli, Pho rice noodles, and brown rice vermicelli; rice paper and wrapper products, including square and round spring roll wrappers, traditional Vietnamese rice paper sheets, and pre-cut rice cakes; and specialty packaged snacks and auxiliary foodstuffs, including prawn crackers, shrimp chips, tapioca starch, and related seasonings. The company distributes its products across Vietnam through an extensive multi-tier domestic distribution network encompassing major modern trade supermarket and hypermarket chains, convenience store networks, wholesale distributors, traditional retail grocery outlets, and B2B food service channels. Internationally, Safoco exports its food products to global markets across North America, Europe, East Asia, and Oceania, including the United States, Canada, Australia, Japan, South Korea, and European Union member states. In recent operational developments, Safoco Foodstuff Joint Stock Company has executed major strategic initiatives to modernize its manufacturing facilities, enhance operational efficiency, and expand its commercial market reach. The company has integrated advanced automated processing and packaging lines across its production facilities to boost capacity and ensure adherence to international quality and food safety standards, including ISO 22000, HACCP, Halal, and FDA certifications. Safoco has also expanded its product portfolio through the rollout of value-added and health-conscious food lines, such as nutrient-enriched vegetable pastas, dietary brown rice noodles, and clean-label rice papers to capture growing demand in premium domestic and overseas retail segments. Additionally, the company has scaled its omnichannel commercial strategy by establishing direct digital distribution through major e-commerce platforms and expanding strategic agreements with international distribution partners to broaden its global export penetration.