Quang Ninh Clean Water Joint Stock Co
UUPCOM:NQN9,500.00
VND
-100.00
(-1.04%)
Quang Ninh Clean Water Joint Stock Co
UPCOM:NQN
(Unlisted Public Company Market)
Recent
price
9,500.00
P/E
ratio
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div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Quang Ninh Clean Water Joint Stock Company (QUAWACO) is a Vietnam-based utility company primarily engaged in the extraction, treatment, transmission, and distribution of clean water for municipal, residential, commercial, industrial, and tourism consumption across Quang Ninh Province. The company operates through several core business segments, offering treated tap water supply services; bottled purified drinking water production; construction, installation, and project management of water supply and wastewater drainage infrastructure; design, manufacturing, assembly, import, and distribution of specialized water treatment machinery, equipment, pipes, and fittings; technical testing, inspection, and calibration of water meters; and domestic plumbing, tank sanitization, internal pipeline cleaning, and equipment maintenance services. In addition, the company provides digital customer utility solutions via its proprietary My QUAWACO mobile application, which facilitates electronic contracting, automated water consumption tracking, online billing and non-cash payments, and water quality monitoring. Founded in 1976 as Quang Ninh Water Supply and Construction Company and equitized into a joint stock company in 2013, QUAWACO is headquartered in Ha Long City, Quang Ninh Province, Vietnam, and operates as a state-controlled entity under the supervision of the Quang Ninh Provincial People's Committee. The company maintains an operational capacity of over 250,000 cubic meters per day through a network of more than 20 surface water treatment plants and groundwater extraction wells serving urban and rural districts throughout the province. In recent developments, QUAWACO has accelerated its provincial infrastructure modernization program by deploying nearly VND 100 billion to replace aging transmission pipelines with high-density polyethylene (HDPE) networks to reduce non-revenue water loss, while extending distribution coverage into remote, border, and island communities. The company has also advanced its digital transformation strategy by expanding supervisory control and data acquisition (SCADA) telemetry and automated online water quality monitoring across its treatment facilities, alongside the operational repurposing of legacy assets into decentralized enterprise headquarters and maintaining steady cash dividend distributions supported by consistent year-over-year revenue and net profit growth.