PETROLIMEX GAS CORPORATION - JSC

Founded in 2004, PETROLIMEX GAS CORPORATION - JSC (TỔNG CÔNG TY GAS PETROLIMEX - CTCP), also known by its stock symbol PGC, is one of Vietnam’s largest and most trusted suppliers of liquefied petroleum gas (LPG). As a subsidiary invested by the Vietnam National Petroleum Group (Petrolimex)—which holds a 52.37% stake—the company benefits from strong backing and strategic national importance in energy distribution.

Headquartered on the 20th floor of Mipec Tower, Hanoi, PETROLIMEX GAS CORPORATION operates a wide distribution network across Vietnam, with key branches in Hanoi and Hai Phong. With over 1,050 employees, it plays a critical role in ensuring the safe and efficient supply of LPG to households, businesses, and industries nationwide.

The company’s core business is selling solid, liquid, and gaseous fuels, with LPG being its flagship product. In addition to fuel trading, the company also engages in gas cylinder painting and inspection services, real estate leasing, warehousing, and technical testing—providing a range of complementary services that enhance its position in the energy and logistics value chain.

As of the fiscal year ending December 2023, PETROLIMEX GAS CORPORATION reported total assets of USD 104.18 million, total sales of USD 145.6 million, and net profit of USD 4.19 million. Although revenue declined by 11.72%compared to 2022, the company maintained profitability, with a net margin reflecting disciplined cost control. Shareholder equity increased by 7.64%, indicating strong capital stability and retained earnings.

Under the leadership of Chairman Mr. Nguyen Q. D. and General Director Mr. Nguyen H. Q., the company remains financially sound and operationally active. With a charter and paid-up capital of approximately USD 24.79 million, the company is also listed on the Ho Chi Minh Stock Exchange (HOSE), enhancing its transparency and investment appeal.

With Vietnam's energy consumption on the rise and LPG increasingly seen as a transitional fuel in the shift toward cleaner energy, PETROLIMEX GAS CORPORATION is well-positioned for long-term growth. Its combination of state backing, robust infrastructure, and technical services makes it a cornerstone of Vietnam’s national energy supply system.