Lilama 45.3 JSC
UUPCOM:L431,400.00
VND
0.00
(0.00%)
Lilama 45.3 JSC
UPCOM:L43
(Unlisted Public Company Market)
Recent
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1,400.00
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yld
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ROIC.AI
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- Business
- Lilama 45.3 Joint Stock Company is a Vietnam-based industrial engineering and construction contractor primarily engaged in the manufacturing of metal structures and the installation of mechanical, electrical, and technological equipment for heavy industrial and energy facilities. Founded in 1976 and headquartered in Quang Ngai, Vietnam, the company operates as an affiliate of Vietnam Machinery Erection Corporation (LILAMA Corporation) within the heavy construction and engineering sector. Lilama 45.3 JSC caters to state-owned enterprises, industrial developers, and multinational project owners across energy, petrochemical, cement, paper, and infrastructure sectors throughout Vietnam, maintaining a strong operational presence across the Central and Southern economic zones. The company organizes its business activities through specialized mechanical installation, steel fabrication, electrical contracting, and industrial maintenance divisions, offering a comprehensive portfolio of products and services that includes: mechanical and technological equipment erection, comprising the assembly, positioning, and mechanical installation of steam boilers, industrial turbines, power generation units, pressure vessels, atmospheric storage tank systems, technological piping networks, and flue gas ducting for thermal power plants, hydropower stations, cement factories, sugar mills, and chemical processing facilities; structural steel fabrication and processing, encompassing the prefabrication, welding, machining, and delivery of heavy non-standard steel frameworks, structural bridges, pipe spools, storage silos, material hopper systems, crane girders, and pre-engineered factory structures; civil and industrial construction works, covering the structural construction of heavy equipment foundations, industrial workshop complexes, warehouse facilities, and auxiliary plant infrastructure; electrical, control, and instrumentation services, providing the installation, testing, and commissioning of transformer substations, high-voltage to low-voltage power distribution lines, industrial control panels, automation cabling, and measuring instruments; and industrial repair, overhaul, and technical services, delivering periodic plant maintenance, machinery refurbishment, system troubleshooting, equipment upgrading, and the commercial leasing of heavy lifting and specialized construction machinery. In recent developments, Lilama 45.3 JSC has executed major operational adjustments and financial realignments to stabilize operations and adapt to changing procurement dynamics in the domestic heavy industrial market. The company transitioned its share trading to the UPCoM market under ticker symbol L43 following regulatory capital reorganization and has pursued continuous financial restructuring to address accumulated obligations through debt renegotiations, working capital optimization, and the divestiture of surplus machinery. Operationally, the company has strategically shifted greater resources toward recurrent maintenance, refurbishment, and turnaround service contracts for operating oil refineries, thermal plants, and regional hydropower stations, while reinforcing strategic subcontracting partnerships with LILAMA Corporation and leading general contractors on national energy and industrial expansion projects.