December 09, 2016 7:37 AM ET

Machinery

Company Overview of Truong Hai Auto Corporation

Company Overview

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

Ward 8

Phu Nhuan District

Ho Chi Minh,  

Vietnam

Founded in 1997

Phone:

84 8 399 77824

Fax:

84 8 399 77742

Key Executives for Truong Hai Auto Corporation

Chairman of Board of Directors, General Director, and President
Age: 56
Vice Chairman of Board of Directors and General Director
Age: 55
Member of Board of Management
Age: 48
Member of Board of Management
Age: 53
Compensation as of Fiscal Year 2016.

Truong Hai Auto Corporation Key Developments

Truong Hai Auto Corporation Reports Earnings Results for the Full Year Ended December 2015; Provides Earnings Guidance for the Full Year of 2016

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.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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