February 12, 2019 |

By Biinform

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SGX Company Limited (Công ty TNHH SGX – EH identification number: 0112708147) specialises in manufacturing shoes, soles of footwear and trading materials for shoes. The company invested capital in a factory which can produce about 1,000,000 pairs per year, exporting its products to several countries, such as the US, Europe or Canada

The sales revenue of the company experienced a remarkable increase in the period from 2015 to 2017, however, due to a sharp growth of some expenses, the opposite trend was witnessed in the net profit after tax of the company.

Due to a low Z score, the company remained in the "Grey Zone" in that period, suggesting a high risk of default for the company

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