Truong Thanh Furniture Corp.
HHOSE:TTF1,280.00
VND
-30.00
(-2.29%)
ISIN
VN000000TTF3
Return %
Stock
S&P 500
1Y
-55.24
14.20
3Y
-68.55
81.12
5Y
-86.01
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Trong Hieu Nguyen
- Full Time Employees
- 2,190
- Sector
- Consumer durables
- Industry
- Home furnishings
- Address
- Binh Duong Vietnam
- IPO Date
- Feb 18, 2008
- Website
- truongthanh.com
- Similar Companies
- Business
- Truong Thanh Furniture Corporation is a Vietnam-based manufacturer and exporter specializing in wooden furniture, architectural millwork, and turnkey interior fit-out solutions for residential, commercial, and hospitality sectors. Founded in 1993 and headquartered in Tan Uyen, Binh Duong Province, Vietnam, the company operates across integrated business segments including furniture manufacturing, timber processing, interior contracting, and forestry management. Truong Thanh Furniture manufactures and distributes a comprehensive portfolio of interior and exterior furnishings, comprising indoor residential furniture, including living room suites, dining tables, dining chairs, sofas, bedroom sets, beds, nightstands, dressers, wardrobes, home office desks, and kitchen cabinetry; outdoor and garden furniture, including patio dining sets, sun loungers, benches, Adirondack chairs, folding furniture, pergolas, and weather-resistant acacia and teak collections; architectural joinery and interior woodwork, including solid wood doors, engineered doors, fire-rated doors, hardwood flooring, engineered parquet, wall paneling, acoustic panels, moldings, and ceiling systems; as well as raw timber and processed wood materials, including kiln-dried lumber, finger-joint laminated boards, decorative veneers, and particle boards. In addition to finished goods, the company provides turnkey commercial interior fit-out, engineering, project management, and custom architectural millwork services for luxury hotels, resorts, serviced apartments, high-end residential developments, and corporate offices. Truong Thanh Furniture serves a global customer base spanning export markets in North America, particularly the United States; Europe, including Germany, the United Kingdom, France, and Italy; Japan; South Korea; Australia; and the domestic Vietnamese market, where it supplies major real estate developers, hospitality chains, and retail consumers. The company operates multiple large-scale manufacturing facilities, sawmills, and finishing plants across Binh Duong, Dak Lak, and Phu Yen provinces through its operating subsidiaries. In recent strategic developments, Truong Thanh Furniture has executed significant operational transformations and international expansion initiatives, including forming a strategic alliance with Italian luxury furniture group Natuzzi and acquiring a stake in Natuzzi Singapore to distribute premium Natuzzi Editions products across Southeast Asia; partnering with technology providers such as Homa Tech Hub to develop and manufacture IoT-integrated smart furniture; restructuring its capital base and resolving legacy balance-sheet liabilities to strengthen its financial position; expanding its original design manufacturing (ODM) and original equipment manufacturing (OEM) capabilities to capture higher-margin contracts in Western export markets; and accelerating its sustainability framework through certified Forest Stewardship Council (FSC) timber sourcing, factory automation upgrades, and the installation of rooftop solar energy systems across its production complexes.