Viet Trung Quang Binh Joint Stock Co
UUPCOM:VTQ6,300.00
VND
+800.00
(+14.55%)
ISIN
VN000000VTQ6
Return %
Stock
S&P 500
1Y
-42.73
14.20
3Y
-83.55
81.12
5Y
-66.31
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- Sector
- Non-energy minerals
- Industry
- Forest products
- Address
- Quang Binh Vietnam
- IPO Date
- May 17, 2021
- Website
- viettrungqb.com.vn
- Similar Companies
- Business
- Viet Trung Quang Binh Joint Stock Co is a Vietnam-based agricultural and forestry enterprise primarily engaged in the cultivation, harvesting, processing, and commercial distribution of natural rubber, wood products, and diversified crops. Founded in 1961 as Viet Trung State Farm and headquartered in Bo Trach District, Quang Binh Province, Vietnam, the company operates large-scale plantation estates and industrial processing facilities across central Vietnam, operating under the majority state ownership of the People's Committee of Quang Binh Province. The company operates across multiple integrated business segments and offers a comprehensive range of products and services: Natural Rubber Products, comprising the cultivation, tapping, and industrial processing of Standard Vietnamese Rubber grades including SVR 3L, SVR 10, SVR 20, and SVR CV60, as well as concentrated centrifuged latex and skim rubber supplied to domestic and regional tire, footwear, and industrial goods manufacturers; Wood and Timber Processing, encompassing the harvesting, sawing, kiln-drying, and milling of rubberwood, alongside the production of sawn timber boards, wood components, and finished indoor and outdoor furniture; Crop Cultivation and Agroforestry, including commercial pepper production, fruit tree farming, short-term industrial crops, and medicinal herbs such as Bo Chinh ginseng grown under plantation intercropping models; Forestry and Silviculture Services, involving commercial timber afforestation, plantation care, canopy management, and forest conservation services; and Livestock and Cattle Farming, covering beef cattle breeding, pasture maintenance, and animal feed cultivation through strategic agricultural partnerships. In recent developments, Viet Trung Quang Binh Joint Stock Co has been implementing comprehensive operational and financial restructuring measures to optimize production costs, improve operational efficiencies, and counter persistent margin headwinds. As part of its strategic turnaround, the company has diversified its agricultural footprint by expanding high-value intercropping programs across mature rubber acreage, specifically cultivating medicinal plants like Bo Chinh ginseng and restructuring its joint-venture beef cattle livestock operations. In addition, the enterprise has executed leadership and supervisory board realignments approved during recent general meetings of shareholders, while conducting systematic land-use assessments and operational adjustments in coordination with provincial authorities in connection with broader state capital divestment and asset rationalization initiatives.