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LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION

Active

Business ID 0100100417-020

LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION

Active

Business ID 0100100417-020

LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION

Active

Summary

Name:

LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION

Business ID (TIN):

0100100417-020

Date of Registration:

25 May 2010

Registered Office:

Lao Cai Department of Planning and Investment

Address:

Tran Hung Dao Boulevard, Nam Cuong Ward, Lao Cai City, Lao Cai Province, Vietnam

Financial Statement:

2020, 2021, 2022, 2023, 2024

LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION: A Strategic Unit in Vietnam’s State Power Grid

LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION (CÔNG TY ĐIỆN LỰC LÀO CAI - CHI NHÁNH TỔNG CÔNG TY ĐIỆN LỰC MIỀN BẮC) is a key state-owned enterprise engaged in architectural and engineering consultancy services related to power infrastructure. Operating under tax code 0100100417-020, the branch is located at Tran Hung Dao Boulevard, Nam Cuong Ward, Lao Cai City, Lao Cai Province, Vietnam, and functions under the umbrella of the Northern Power Corporation, one of Vietnam’s principal electricity distribution entities.

Established on May 25, 2010, the Lao Cai Power Company (PCLK) plays a crucial role in maintaining the regional electricity grid and executing infrastructure projects in the mountainous northern province of Lao Cai. The branch is managed by Mr. Nguyen Anh Tuan, who is listed as the legal representative.

Financial Overview and Operational Scale

As of 2023, LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION recorded USD 180.72 million in sales, a decline of 14.83% from the previous year. This marks a significant contraction, possibly due to reduced electricity demand, delayed infrastructure projects, or shifting consumption patterns in the region. At the same time, the company posted a net loss of USD 9.98 million, representing a nearly 86% increase compared to 2022, when it recorded a smaller loss of USD 5.37 million.

Total assets stood at USD 64.55 million, down 6.83% year-over-year, while equity increased modestly by 3.43% to USD 34.38 million. Despite operating under budget constraints, the branch maintains a positive net worth, allowing it to continue its role in maintaining power services across Lao Cai Province.

Strategic Role in Vietnam’s Power Sector

As a direct extension of the state-owned Northern Power Corporation, LAO CAI POWER COMPANY is not a profit-oriented commercial entity, but rather a public utility service provider. Its registered and operational activities are focused on architectural and engineering services, particularly those that support the design, construction, and maintenance of electricity distribution infrastructure.

Given Lao Cai's position as a border province with economic development priorities and complex terrain, the power company’s presence is critical to infrastructure development, cross-border trade energy supply, and rural electrification. Its technical consultancy and project implementation expertise contribute directly to the broader mission of energy security and rural connectivity in northern Vietnam.

Although its recent financials reflect strain, LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION remains a vital pillar in Vietnam’s energy landscape. Its continued operation ensures stable electricity services in a strategic region. For verified business information, in-depth financial reports, or public sector project assessments, rely on VANGUARD BUSINESS INFORMATION LLC (VBI)—Vietnam’s trusted source for public enterprise intelligence and risk evaluation.

Legal Profile

English Name:

LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION

Vietnamese Name:

CÔNG TY ĐIỆN LỰC LÀO CAI - CHI NHÁNH TỔNG CÔNG TY ĐIỆN LỰC MIỀN BẮC

Short Name:

PCLK

Business ID (TIN):

0100100417-020

Date of Registration:

25 May 2010

Registered Office:

Lao Cai Department of Planning and Investment

Operation Status:

Active

Contacts

Key Decision Makers:

NGUYEN A.T

Address:

Tran Hung Dao Boulevard, Nam Cuong Ward, Lao Cai City, Lao Cai Province, Vietnam

Old Address:

Tran Hung Dao Avenue, Nam Cuong Ward, Lao Cai City, Lao Cai Province, Vietnam

Business Sector

Key business lines:

VSIC:

7110 Architectural and engineering activities and related technical consultancy

NACE:

71.1 Architectural and engineering activities and related technical consultancy

NAICS:

5413 Architectural, Engineering, and Related Services

Industry Sales Growth

CAGR (2019 - 2023)

5.32%

YoY (2023)

-4.32%

Companies by industry

Company distribution and propportions

41,957

1.4430%

Key Industry Players

Top 10 companies in architectural and engineering activities and related technical consultancy industry

ttcl vietnam corporation limited. power engineering consulting joint stock company 2 kien giang construction investment consultancy group mitek vietnam company limited apollo construction consultant limited liability company hai long construction consultant joint stock company truong hung trading services and construction investment company limited bcons construction investment joint stock company vinh an holding joint stock company lao cai power company - branch of northern power corporation

Payment History

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Financial Performance

Assets	-72.43%
Owner’s Equity	72.93%
Working Capital	58.06%
Net Worth	-23.44%
Sales	81.84%
Operating income	89.22%
EBIT	-27.16%
Gross Profit Margin	-63.97%
Debt to EBITDA	73.31%

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Specific Questions About LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION

When did LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION start operating?

LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION was started in 25 May 2010

What industry does LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION operate in?

LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION is operating in "Architectural and engineering activities and related technical consultancy" industry

How can I contact LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION?

LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION don't share phone numbers information

What adverse news is there about LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION?

LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION’s has no negative news

What is stock symbol of LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION?

LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION is not listed company

Where is the location of LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION?

LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION is located at Tran Hung Dao Boulevard, Nam Cuong Ward, Lao Cai City, Lao Cai Province, Vietnam

What is LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION’s business registration?

LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION business registration is 0100100417-020

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LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION

LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION

LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION

LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION: A Strategic Unit in Vietnam’s State Power Grid

Financial Overview and Operational Scale

Strategic Role in Vietnam’s Power Sector

Company Profile Report

Company Standard Report

Comprehensive Report

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LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION

LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION

LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION

LAO CAI POWER COMPANY - BRANCH OF NORTHERN POWER CORPORATION: A Strategic Unit in Vietnam’s State Power Grid

Financial Overview and Operational Scale

Strategic Role in Vietnam’s Power Sector

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

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