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Truong Thanh Furniture Corporation (Vietnam)

Main Activities: Wood Product Manufacturing | Furniture and Related Product Manufacturing
Full name: Truong Thanh Furniture Corporation Profile Updated: October 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Truong Thanh Furniture Industries Corp., JSC (TTF) is a manufacturer based in Binh Duong, Vietnam. The company was established in 1993 in Dak Lak and specializes in the supply, installation, and construction of interior and exterior furniture. TTF operates in the furniture industry, wood processing, and afforestation. Their products are supplied to well-known brands in markets such as Korea, Japan, the US, and European countries. In Vietnam, TTF is a major furniture supplier for leading real estate developers. Their product lines are widely used in the decoration of apartments, villas, commercial centers, and luxury resorts. TTF has over 30 years of experience in consulting, designing, producing, constructing, and installing furniture. Their products have modern design features, a variety of materials and colors, and unique styles suitable for different spaces. TTF takes pride in satisfying even the most discerning customers in both domestic and foreign markets. The company is committed to preserving forest resources and the environment. They use natural wood sources and invest in planting production forests. TTF currently has the largest area for forestation in Vietnam, with 50,000 hectares of forestland and over 14,000 hectares of ready-to-be-exploited forests. TTF operates 13 factories, including 11 in Binh Duong and 2 in Dak Lak. These factories cover a total area of 200,000 square meters and are equipped with modern machinery. The company employs more than 2,000 talented and enthusiastic individuals. TTF's vision is to become one of the leading furniture companies in Southeast Asia by 2030. They aim to gain the trust of customers and business partners, providing the best value and creating opportunities for their employees. The mission of TTF Furniture is to enhance the appearance and long-lasting value of every space. They utilize their extensive knowledge of wood and expertise in designing, manufacturing, constructing, and installing furniture to provide the best solutions and support customers in achieving their strategic goals.

Headquarters
Dt747 Road, Quarter 7, Uyen Hung Ward, Tan Uyen District
Binh Duong; South Eastern Vietnam;

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Website: http://www.truongthanh.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
February 18, 2008
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Vice Chairman
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Director/Member of the Board
Ownership Details
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5.19%
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3.65%
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3.48%
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2.82%
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2.81%
Subsidiaries
Cong Ty Co Phan Quan Ly Cum Cong Nghiep Truong Thanh - Ea Hleo
100%
Cong Ty Co Phan Quan Ly Cum Cong Nghiep Truong Thanh - Ea Hleo
97.3%
Company Performance
Financial values in the chart are available after Truong Thanh Furniture Corporation report is purchased.
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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
-2.42%
Total operating revenue
-3.04%
Operating profit (EBIT)
-14.61%
EBITDA
120.81%
Net Profit (Loss) for the Period
N/A
Total assets
-9.23%
Total equity
-32.9%
Operating Profit Margin (ROS)
-0.39%
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
146.05%
Quick Ratio
-0.13%
Cash Ratio
0.03%

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