- CEO
- Hai Thanh Nguyen
- Full Time Employees
- 51
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- Thanh Hoa Vietnam
- IPO Date
- Nov 12, 2013
- Business
- Thanh Hoa - Song Da Joint Stock Company (HNX: THS) is a Vietnam-based commercial trading and property management enterprise primarily engaged in the wholesale and retail distribution of consumer goods, the supply and installation of office equipment, and commercial real estate leasing. The company organizes its operations across two primary divisions: Commercial Trading and Real Estate & Property Services. Its product and service portfolio comprises wholesale and retail distribution of household consumer goods, including porcelain tableware, ceramics, aluminum cookware, kitchen utensils, and general household sundries; supply, assembly, and turnkey installation of office furniture, commercial interior fixtures, and institutional workplace equipment; leasing and management of commercial properties, including retail showrooms, supermarket spaces, trade centers, storage warehouses, and office premises; civil construction and engineering services, encompassing building works, electrical installation, and architectural finishing; and auxiliary commercial services, including warehousing, domestic freight road transport, and property maintenance. In recent developments, Thanh Hoa - Song Da Joint Stock Company has focused on optimizing its property portfolio through the renovation and modernization of its prime commercial real estate assets along central commercial corridors in Thanh Hoa City to improve tenant occupancy and recurring rental yields. Operationally, the company has refined its wholesale trading network to prioritize high-margin interior furniture and institutional supply contracts across North Central Vietnam, while reinforcing risk management, maintaining disciplined working capital control, and sustaining shareholder returns through regular cash dividend distributions approved at its recent Annual General Meetings of Shareholders. Originally established in the 1970s as the state-owned Thanh Hoa Consumer Products Company, the enterprise equitized into a joint stock company in 2003, adopted its current corporate name in 2004, and listed its shares on the Hanoi Stock Exchange in November 2013. Headquartered in Thanh Hoa City, Thanh Hoa Province, Vietnam, the company primarily serves corporate clients, public institutions, retail distributors, and consumer markets throughout Thanh Hoa Province and neighboring regions.