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MEKONG PETROLEUM JOINT STOCK COMPANY

Active

Business ID 1800277683

84-292 / 3810 817 - 3810 818 - 3810 819

MEKONG PETROLEUM JOINT STOCK COMPANY

Active

Business ID 1800277683

84-292 / 3810 817 - 3810 818 - 3810 819

MEKONG PETROLEUM JOINT STOCK COMPANY

Active

Summary

Name:

MEKONG PETROLEUM JOINT STOCK COMPANY

Business ID (TIN):

1800277683

Date of Registration:

15 Jan 2009

Registered Office:

Can Tho Department of Planning and Investment

Address:

60-62, 3/2 Street, Xuan Khanh Ward, Ninh Kieu District, Can Tho City, Vietnam

Phone:

84-292 / 3810 817 - 3810 818 - 3810 819

Fax:

(84-292) 3810 810

Financial Statement:

2017, 2018, 2019, 2022, 2023

MEKONG PETROLEUM JOINT STOCK COMPANY (Công Ty CP Dầu Khí Mê Kông), also known as PV OIL MEKONG, stands as a vital component of Vietnam’s petroleum retail landscape. Established on January 15, 2009, and headquartered in Can Tho City, the company has grown significantly over its 16-year journey, with strong financial backing and nationwide operational coverage.

Business Identity and Ownership

Operating under Business ID: 1800277683 and TIN: 1800277683, MEKONG PETROLEUM is a privately held joint stock company. With a charter and paid-up capital of USD 21.1 million, the company benefits from robust support from its majority shareholder — PetroVietnam Oil Corporation, which holds 89.37% ownership. Other shareholders include local entities such as SOC TRANG RICE, Minh Hai Tourist Service, Bac Lieu Tourist, and An Giang Port JSC.

Core Operations and Locations

MEKONG PETROLEUM primarily engages in the retail sale of automotive fuel in specialized stores. Its head office is located at 60-62, 3/2 Street, Xuan Khanh Ward, Ninh Kieu District, Can Tho City, with branches in Vinh Long, Bac Lieu, and Soc Trang provinces. The company employs approximately 400 staff and plays a pivotal role in fuel distribution across southern Vietnam.

Financial Performance in 2023

The year 2023 was marked by both growth and challenges for MEKONG PETROLEUM JOINT STOCK COMPANY:

Total Assets rose sharply by 38.94%, reaching USD 33.54 million.
Sales increased by 9.72%, totaling USD 280.29 million.
Despite the top-line growth, profit plummeted by 85.29% to USD 73,847, reflecting potential margin pressure or increased operational costs.
Owner’s equity remained stable at USD 15.28 million, while net worth reached USD 7.38 million.
Working capital turned negative (-USD 391,611), which may indicate liquidity constraints.

Key Management

The leadership team of MEKONG PETROLEUM includes:

Mr. Tran Cao Phong – Chairman
Mr. Luu Van Nguyen – General Director
Mr. Dam Quoc Hoan – Deputy General Director

All top executives are Vietnamese nationals with experience in petroleum distribution and corporate governance.

Strategic Role in Vietnam's Energy Sector

As a regional affiliate of PetroVietnam Oil Corporation, PV OIL MEKONG serves as a strategic arm for fuel retail distribution in the Mekong Delta. Its continued expansion in physical outlets and distribution capacity strengthens Vietnam’s energy accessibility, particularly in southern provinces where economic activity is intensifying.

Challenges and Outlook

While MEKONG PETROLEUM shows solid asset growth and revenue performance, its declining profitability and negative working capital require close financial management. Operational efficiencies, cost control, and perhaps digital transformation in retail operations may be necessary to restore margins and improve bottom-line results.

Legal Profile

English Name:

MEKONG PETROLEUM JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CP DẦU KHÍ MÊ KÔNG

Short Name:

PV OIL MEKONG

Business ID (TIN):

1800277683

Date of Registration:

15 Jan 2009

Registered Office:

Can Tho Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ TRAN C.P

+ LUU V.N

+ DAM Q.H

+ TRAN N.T

Address:

60-62, 3/2 Street, Xuan Khanh Ward, Ninh Kieu District, Can Tho City, Vietnam

Phone:

84-292 / 3810 817 - 3810 818 - 3810 819

Fax:

(84-292) 3810 810

Branch:

Thach My 1, Thanh Duc Commune, Long Ho District, Vinh Long Province, Vietnam

Branch:

Tra Kha A Hamlet, Ward 8, Bac Lieu City, Bac Lieu Province, Vietnam

Branch:

No. 108 National way 1, Ward 1, Soc Trang City, Soc Trang Province, Vietnam

Branch:

National Road 91, My Thanh Ward, Long Xuyen City, An Giang Province, Vietnam

Business Sector

Key business lines:

VSIC:

4730 Retail sale of automotive fuel in specialized stores

NACE:

47.30 Retail sale of automotive fuel in specialised stores

NAICS:

4471 Gasoline Stations

Industry Sales Growth

CAGR (2019 - 2023)

12.61%

YoY (2023)

-2.44%

Companies by industry

Company distribution and propportions

8,439

0.2903%

Key Industry Players

Top 10 companies in retail sale of automotive fuel in specialized stores industry

mekong petroleum joint stock company materials petroleum joint stock company petrolimex namdinh company limited petrolimex tiengiang co., ltd petrolimex bacthai.co,ltd tin nghia petrol joint - stock company hong duc petrol company limited dong nai building material and fuel joint stock company chau thanh petro co.,ltd petrolimex hue co., ltd.

Payment History

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Financial Performance

Assets	28.03%
Owner’s Equity	7.34%
Working Capital	-68.41%
Net Worth	4.91%
Sales	99.97%
Operating income	-23.60%
EBIT	25.68%
Gross Profit Margin	85.00%
Debt to EBITDA	-43.78%

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Business Operation

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Owner's Equity

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Profit

Company Standard Report

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EBITDA

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Tangible Net Worth

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Subsidiary and Affiliated Company

Management and Directors

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Negative Payment Records

Banking Information

Litigation Records; Negative News

Financial Ratios

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Profit and Loss Statement

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Opinion from Analysts

Specific Questions About MEKONG PETROLEUM JOINT STOCK COMPANY

When did MEKONG PETROLEUM JSC start operating?

MEKONG PETROLEUM JSC was started in 15 Jan 2009

What industry does MEKONG PETROLEUM JSC operate in?

MEKONG PETROLEUM JSC is operating in "Retail sale of automotive fuel in specialized stores" industry

How can I contact MEKONG PETROLEUM JSC?

MEKONG PETROLEUM JSC phone numbers is 84-292 / 3810 817 - 3810 818 - 3810 819

What adverse news is there about MEKONG PETROLEUM JSC?

MEKONG PETROLEUM JSC’s has no negative news

What is stock symbol of MEKONG PETROLEUM JSC?

MEKONG PETROLEUM JSC is not listed company

Where is the location of MEKONG PETROLEUM JSC?

MEKONG PETROLEUM JSC is located at 60-62, 3/2 Street, Xuan Khanh Ward, Ninh Kieu District, Can Tho City, Vietnam

What is MEKONG PETROLEUM JSC’s business registration?

MEKONG PETROLEUM JSC business registration is 1800277683

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MEKONG PETROLEUM JOINT STOCK COMPANY