The subject is a wholly – owned subsidiary of LW CAPITAL INVESTMENTS LTD ("LWCI"). Its core business is manufacturing handicraft articles and wooden furniture. Products are exported to USA (mainly), Hong Kong and EU countries for consumption. The impact of the Covid-19 pandemic and the geopolitical conflict between Russia and Ukraine made freight rates and prices of imported wood materials strongly rise. Especially in the final months of 2022, the global economy fell into recession. A rise in inflation rate impoverished purchasing power in the USA and EU countries. Wood, wooden furniture, textile, garment and footwear industries were mostly affected. As confirmed in the latest interview, the subject is still operating at present. Due to unfavorable market conditions, the subject has tried to keep a stable workforce. The subject does not plan to expand business operation in the near future.
Headquarters
No. 207, Dt747A Street, Group 1, Tan Luong Quarter, Thanh Phuoc Ward
Tuyen Quang; North Eastern Vietnam;
Postal Code: 75000
Contact Details: Purchase the Rochdale Spears Co., Ltd. report to view the information.
Website: http://www.rochdalespears.com
EMIS company profiles are part of a larger information service which combines company, industry and country data and analysis for over 145 emerging markets.
Request a demo of the EMIS serviceTo view more information, Request a demonstration of the EMIS service