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Asg Corporation (Vietnam)

Main Activities: All Other Support Activities for Transportation
Full name: Asg Corporation Profile Updated: November 19, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

ASG Corporation specializes in the field of direct support services for air transport, warehousing and storage of goods, Other supporting services related to transport.

Headquarters: Logistics Service Area, Noi Bai International Airport, Phu Minh Commune, Soc Son District, HANOI, Vietnam
Business areas:
Activities of direct support services for air transport:
- Service of terminal and cargo warehouse operation;
- Service of commercial and technical ground;
- Service of repairing and maintaining aviation equipment and devices;
- Air catering service;
- Service of aviation petrol and oil supply;
Other supporting services related to transport:
- Activities of air ticket agents;
- Activities of customs clearance agents;
- Freight forwarding;
- Other related activities;
- Agents, brokers, auction
Cargo handling
Motor vehicle for rent
Delivery
Wholesale of solid, liquid, gaseous fuels and related products
Wholesale synthetic
Freight transport by road
Other uncategorized business assistant services
Operating direct support services for air transport
Management consulting activities
Warehousing and storage of goods
Trading in real estate, land use rights of the owner, the user or leased
Road passenger transport in inner and suburban areas (except for transportation by bus)
Selling spare parts and supporting parts of cars and other motor vehicles
Maintenance and repair of cars and other motor vehicles
History of establishment and development:
2010: Establishment of Interserco Postal Services Joint Stock Company - IPX - the predecessor of ASG Group Joint Stock Company.
2012: Renamed to Airport Services Joint Stock Company
2012- 2019: ASG Group Joint Stock Company was established on the basis of the main units: ALS Thai Nguyen One Member Co., Ltd. (ALST) - 100 owned by the company; Aviation Ground Services Company Limited (AGS); Saigon Airport Services Joint Stock Company (ASGS); Thai Nguyen Branch (ASGTN); ALS Ho Chi Minh City Co., Ltd. (ALSH); ASGU Service Joint Stock Company; ASG Industrial Park Infrastructure and Development Company Limited (ASGI)
April 2013 Established ALS Thai Nguyen One Member Co., Ltd. (ALST) with 100 capital owned by the Company to implement the project Extended air cargo warehouse in Thai Nguyen in Yen Binh Industrial Park, Pho Yen District, Thai Nguyen Province. In September 2019, ALS Thai Nguyen One Member Co., Ltd. (ALST) converted the company form to ASG Logistics Joint Stock Company (ASGL).
In January 2015, the Company changed its abbreviated name and officially used the ASG brand, and at the same time built a brand identity system in line with the Company s development orientation. The Company was granted a Trademark Registration Certificate No. 277423 by the Department of Intellectual Property for the ASG brand
In December 2015, the Company became a strategic shareholder of Cam Ranh International Airport Services Joint Stock Company (CIAS); support CIAS to establish Aviation Ground Services Company Limited (AGS) with the aim of expanding its business lines to passenger services and ground technical services.
March 2016 Establishment of Saigon Airport Services Joint Stock Company (ASGS) in Ho Chi Minh City, initiating the process of expanding and developing cargo services in the Southern region.
July 2016 Establishment of the Company Branch in Thai Nguyen (ASGTN) with the aim of providing air cargo transportation services according to the extended air warehouse process and other types of goods for businesses in Yen Binh Industrial Park and neighboring areas.
December 2016 Established the Company Branch in Bac Ninh (ASGBN) and implemented the Logistics Service Area project in Bac Ninh at Yen Phong Industrial Park, Bac Ninh with the goal of providing services for air and non-air cargo, warehousing services, freight services (air, refrigerated, special cargo and other types of goods) and other logistics services
In June 2018, the Company completed the increase of ownership ratio at CIAS to 51 , CIAS officially became a subsidiary of ASG.
In October 2018, A Plus Logistics Joint Stock Company (APLUS) was established to provide intermediary forwarding services... helping to complete part of the logistics service chain that ASG provides to customers.
November 2018 Joint venture with ULP Korea Company to establish ASGU Service Joint Stock Company (ASGU) to provide dismantling, transportation, installation of production lines, equipment and packaging of goods.
2019: The company was officially renamed ASG Group Joint Stock Company
2020: The company s shares were listed for the first time on the HOSE stock exchange on September 24, 2020

Headquarters
Logistics Service Area, Noi Bai Airport, Phu Minh Commune, Soc Son District
Ha Noi (municipality); Red River Delta;

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Website: http://asg.net.vn

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2010
Key Executives
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Chairman
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Chief Financial Officer
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Vice Chief Executive Officer
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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2.43%
Subsidiaries
Cong Ty Tnhh Dich Vu Hang Khong Asg
100%
Phat Trien Khu Cong Nghiep Asg
100%
Cong Ty Co Phan Logistics Asg
99.93%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency VND. Absolute financial data is included in the purchased report.
Net sales revenue
-1.21%
Total operating revenue
-1.46%
Operating profit (EBIT)
38.24%
EBITDA
20.19%
Net Profit (Loss) for the Period
179.23%
Total assets
5.7%
Total equity
9.58%
Operating Profit Margin (ROS)
1.35%
Net Profit Margin
2.19%
Return on Equity (ROE)
1.41%
Debt to Equity Ratio
-1.06%
Quick Ratio
-0.78%
Cash Ratio
0.02%

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