Vicostone Joint Stock Company

Vicostone Joint Stock Company

HHNX:VCS
31,400.00
VND
+800.00
(+2.61%)
Dec 02Next Earn
Vicostone Joint Stock Company
HNX:VCS
(Hanoi Stock Exchange)

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31,400.00

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Business
Vicostone Joint Stock Company manufactures and distributes quartz-based engineered stone surfaces for residential, commercial, and industrial interior applications in Vietnam, North America, Europe, the Asia-Pacific region, and internationally. The company operates through its primary business segment focused on advanced building and decorative materials. Its comprehensive product portfolio includes engineered quartz slabs available in standard, jumbo, and super jumbo dimensions; prefabricated and customized kitchen countertops, kitchen islands, and backsplashes; bathroom vanity tops, sink surrounds, and shower walls; interior wall claddings, fireplace surrounds, and decorative paneling; flooring tiles, indoor stair treads, and risers; specialized chemical- and heat-resistant laboratory worktops; cut-to-size architectural surfaces for commercial properties, hospitality venues, and healthcare facilities; and surface care, fabrication, and maintenance accessories. The company markets its products under the global VICOSTONE brand across multiple stylistic collections, including the Exotic Collection, featuring intricate veins and natural quartzite patterns; the Natural Collection, emulating traditional granites and classic stones; and the Classic Collection, offering monochromatic, speckled, and industrial concrete aesthetics. The company distributes its products through a hybrid network comprising company-owned regional distribution centers, localized design showrooms, independent building material distributors, stone fabricators, kitchen and bath dealers, architectural firms, interior designers, and general contractors. Vicostone utilizes Bretonstone vacuum vibrocompression manufacturing technology developed by Breton S.p.A., producing non-porous composite stone composed of approximately 90 to 93 percent natural quartz aggregates bound with polymer resins and color pigments. Through its parent entity, Phenikaa Group, the company operates a vertically integrated domestic supply chain that secures key manufacturing inputs, including processed quartz grits, cristobalite, and unsaturated polyester resins. Its engineered surfaces comply with international environmental and hygiene standards, carrying certifications such as NSF International Food Contact (ANSI 051), GREENGUARD, and GREENGUARD Gold for low volatile organic compound emissions. In recent developments, Vicostone has expanded its product offerings with the introduction of new large-format Super Jumbo slabs designed to minimize seams in extensive architectural installations, alongside regular additions of nature-inspired color palettes and low-crystalline-silica formulations to address international occupational and environmental safety regulations. Strategically, the company has reinforced its overseas market penetration through direct distribution subsidiaries, including Vicostone Canada Inc. and its North American distribution network, participating in major industry exhibitions and housing excellence initiatives. Operationally, Vicostone has pursued continuous automation upgrades across its manufacturing lines at the Hoa Lac facility, optimized its cost structure to navigate shifting international trade policies and raw material price fluctuations, and strengthened its balance sheet by reducing its overall debt-to-equity ratio while aligning its research and development programs with Phenikaa Group’s overarching high-technology and sustainable materials ecosystem. Vicostone Joint Stock Company was founded in 2002 and is headquartered in Hanoi, Vietnam. The company operates as a key manufacturing subsidiary of Phenikaa Group (Phenikaa Joint Stock Company).