Company Overview of Truong Hai Auto Corporation
Truong Hai Auto Corporation is engaged in manufacturing, assembling, distribution, maintenance services, and auto parts supply, including manufacturing and trading commercial vehicles (trucks and buses). It offers buses, bus products, trucks and dump trucks, light trucks, and spare parts and components for auto repair. The company also imports and sells used and refurbished vehicles. In addition, the company operates a marine transport company to transport materials and equipment through ships; engages in receiving, transporting, and distributing goods via road; and offers commercial vehicle after-sales service, such as maintenance service. Further, it invests in office buildings; apartments...
No. 80 Nguyen Van Troi Street
Phu Nhuan District
Ho Chi Minh,
Founded in 1997
Key Executives for Truong Hai Auto Corporation
Chairman of Board of Directors, General Director, and President
Vice Chairman of Board of Directors and General Director
Member of Board of Management
Member of Board of Management
Compensation as of Fiscal Year 2016.
Truong Hai Auto Corporation Key Developments
PSA Group and THACO (Truong Haï Auto Corporation) Sign Contract to Accelerate the Development of their Activities in Vietnam
Feb 22 17
PSA Group and THACO (Truong Haï Auto Corporation) have signed a contract to accelerate the development of their activities in Vietnam by committing to local assembly and bringing to market two new SUVs, to be produced in THACO’s plant in Chulai (Quang Nam Province). This new project of local assembly line will kick off in October 2017 and is aiming to cover the needs of the Vietnamese market for volume of 27,000 units over the period 2017-2020. These two new SUVs will complement the current range composed of the PEUGEOT 208, 3008 and 508.
Truong Hai Auto Corporation Reports Earnings Results for the Full Year Ended December 2015; Provides Earnings Guidance for the Full Year of 2016
Apr 29 16
Truong Hai Auto Corporation reported earnings results for the full year ended December 2015. Net profit (after tax) stood at VND 7.04 trillion (USD 312.39 million), an increase of 114.0% year on year, while sales revenues came to VND 45.8 trillion, up 89.0% year on year.
Truong Hai Auto Corporation (THACO) aims to sell around 112,336 vehicles in 2016, up 39.7% year on year (y/y), Of the total, THACO aims to sell 62,083 units of passenger cars (up 47.0% y/y) and 50,253 units of commercial vehicles (CVs; up 32.0% y/y). The company is also aiming to sell 150,000 vehicles annually by 2018. Furthermore, the company is projecting an improved financial performance this year, with net profit expected to be VND 8.21 trillion on total revenues of VND 71.74 trillion.
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