Thanh Thanh Cong - Bien Hoa Joint Stock Company (TTC AgriS, HOSE: SBT) is a multinational agricultural enterprise, formerly a joint venture between Group Bourbon, Sugarcane Union II and Tay Ninh Sugarcane Union.
As one of the leading agricultural enterprises in Vietnam with over 50 years of experience, TTC AgriS is currently dominating the domestic market with nearly 50% of the sugar industry market share. TTC AgriS is committed to focusing on market-driven business operations and enhancing its R&D activities to become a high-value-added agricultural and integrated consumer goods manufacturer. It aims to become a leading provider of high-tech agricultural solutions on a sustainable development platform and deeply involve in the global agricultural value chain and commodity trade.
As a pioneer in impressive transformation and creating a new trend in Vietnamese agriculture with technology as the foundation, TTC AgriS continuously affirms its position as a "High-tech Agricultural Enterprise" and utilizes its competitive advantage in the international market by integrating Environmental, Social, and Governance (ESG) issues into all of its activities. TTC AgriS also places great emphasis on transforming its business model from a pure agricultural production company to an integrated smart agricultural economy, according to the comprehensive transformation direction of transitioning from pure production technology management to Production - Import-Export - Agriculture Services Trade on a multinational development platform.
- Own 10 sugar factories, including 1 factory in Laos and 1 factory in Cambodia, with a total production capacity of 4,690 tons of sugar/day.
- Total area of agricultural land ownership: 68,000 hectares in 4 countries: Vietnam, Laos, Cambodia, and Australia.
- Supply over 1,000,000 tons of finished sugar to both domestic and international markets.
- Export to more than 29 countries and territories in North America, Europe, Asia, and the Pacific Islands..
TTC AgriS operates in both B2B and B2C industries with over 75 sugar product lines, including 8 organic sugar product lines that meet EU and USDA standards, 12 Edge and After-Sugar product lines, 6 beverage products, and 1 solar power product. The company is among the top 20 stocks with the best sustainable development scores in the market, with an ESG score of over 90%. It has a distribution network of over 86,200 retail points and is a major sugar supplier for multinational companies operating in the food, beverage, and pharmaceutical industries. It caters to diverse domestic and export customer channels, including very stringent quality inspection markets such as the US, Australia, Europe, and Singapore…
In the face of intense international competition and the constant challenges of the market, the company recognizes that technology is the key factor leading to success for businesses that dare to break through and change the game. Therefore, TTC AgriS has been proactive in:
- Implementing the Oracle Cloud ERP platform synchronized for 34 BUs in 5 countries, including Vietnam, Australia, Singapore, Laos, and Cambodia, with the goal of optimizing the supply chain and improving financial management efficiency.
- Applying farm management software - FRM, cloud computing to collect and analyze cultivation information, helping to optimize agricultural management and production for the company as well as farmers.
- Striving for comprehensive technology-based management on a continuous ecosystem and unified standards, preparing for further steps in the international market and asserting its competitive strengths.
TTC AgriS has transformed from a sugarcane business to a provider of high-tech comprehensive agricultural solutions on a sustainable development platform. At the same time, the company is a pioneer in applying advanced technology in all activities, aiming for a comprehensive value chain, perfecting the product and service ecosystem, and being ready to meet all consumer needs by providing products at the fastest speed, best service, and most competitive cost. This helps maximize profits and balance the interests of all parties involved in the company's value chain.
