PELIO GROUP CORPORATION

PELIO GROUP CORPORATION (Local name: Công Ty Cổ Phần Tập Đoàn Pelio) is a joint stock company specializing in the wholesale of solid, liquid, and gaseous fuels and other energy-related products. The company was officially established on October 4, 2018, and is legally registered with the Dong Nai Department of Planning and Investment under Business ID 3603590788.

The company’s head office is at Vietcombank Tower, No. 05 Cong Truong Me Linh Street, Ben Nghe Ward, District 1, Ho Chi Minh City. With a charter capital of nearly 14.7 million U.S. dollars and paid-up capital exceeding 12.3 million U.S. dollars, PELIO has grown into a reputable energy trading and distribution company within a relatively short period.

Leadership and Management

A team of experienced Vietnamese executives manages PELIO GROUP CORPORATION. Le X. S. serves as General Director and plays a key role in shaping the company’s strategic direction. Supporting him are Nguyen T. N. and Quach T. N., both Deputy General Directors, who oversee business operations, logistics, and market development. Their combined leadership has been central to PELIO’s expansion in the highly competitive fuel and energy sector.

Financial Performance and Market Position

PELIO has established itself as a strong trading entity, with annual sales surpassing 100 million U.S. dollars in 2023. The company reported total assets of approximately 32 million U.S. dollars and equity of about 7.5 million U.S. dollars.

While profit performance experienced a downturn in 2023 — reflecting volatile energy market conditions — the company maintains a robust financial structure and remains active in domestic distribution and trading activities. Over recent years, PELIO has diversified its revenue streams and built a strong supply chain network in Vietnam.

Core Business Activities

The company’s main business line is trading gasoline and lubricant products, supplying fuel to the transportation, industrial, and retail sectors. Beyond its core fuel trading activities, PELIO is also involved in the retail sale of automotive fuel in specialized stores, manufacturing of metal tanks and reservoirs, repair and maintenance of machinery and electrical equipment, and wholesale of beverages, electronics, and telecommunications equipment. It also operates in road and waterway freight transportation, warehousing, and logistics support services.

This broad business scope gives PELIO a diversified operational base, allowing it to serve multiple industries and maintain flexibility in a shifting energy landscape.

Ownership Structure

PELIO GROUP CORPORATION has a strong shareholder base anchored by Tin Nghia Corporation, one of Dong Nai Province’s leading enterprises, holding an 85% stake. Other shareholders include Dang T. T. H., with 10%, and Le X. S., with 5%. This ownership structure ensures financial stability, strategic alignment, and strong operational backing, enabling PELIO to pursue long-term growth.

Strategic Locations and Logistics Advantage

The company operates several branches across Dong Nai Province, including key sites in Xuan Loc, Tam Phuoc Industrial Park, and Tan Phu District. This network allows PELIO to efficiently distribute its products throughout Vietnam, ensuring a reliable supply to industrial customers and retail partners.

Dong Nai’s position as a significant industrial and logistics hub also gives the company a competitive edge in sourcing, transportation, and distributing energy products.

Outlook and Strategic Development

As Vietnam’s energy demand continues to grow with rapid industrialization, PELIO GROUP CORPORATION is well-positioned to expand its market share in the fuel and energy sector. Its business strategy focuses on diversification, infrastructure investment, and supply chain efficiency while exploring new opportunities in green and sustainable energy.

Despite recent market fluctuations, PELIO remains a resilient and competitive energy trading company, backed by strong leadership, strategic shareholders, and an expanding distribution network.