PETROLIMEX NGHE TINH TRANSPORTATION AND SERVISE JOINT STOCK COMPANY

PETROLIMEX NGHE TINH TRANSPORTATION AND SERVICE JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN VẬN TẢI VÀ DỊCH VỤ PETROLIMEX NGHỆ TĨNH) is a long-established transportation enterprise operating in Vietnam’s petroleum and logistics value chain. The company is registered under tax code 2900428497 with the Nghe An Department of Planning and Investment and is headquartered at Hamlet 13, Nghi Kim Commune, Vinh City, Nghe An Province. As a publicly held joint-stock company listed on the UPCoM under ticker PTX, the firm plays a supporting role within the broader Petrolimex ecosystem, focusing primarily on road freight transport, including fuel and petroleum-related logistics.

From a management perspective, the company is led by Mr. Manh X. H., Director, with strategic oversight from Mr. Hoang C. T., Chairman of the Board of Directors. With more than 25 years of continuous operation, Petrolimex Nghe Tinh Transportation and Service has developed operational familiarity with regional fuel distribution routes and logistics requirements across North Central Vietnam, serving both affiliated and third-party clients.

Financial data reviewed by VNBIS shows that the company operates on a relatively modest asset base of around USD 8.0 million, while generating annual sales of approximately USD 78.2 million, reflecting high asset turnover typical of transport and logistics businesses. Owner’s equity stands at roughly USD 4.2 million, and net profit has reached about USD 0.81 million, indicating improving profitability despite declining revenue and asset levels. Notably, working capital is negative at around USD -1.77 million, suggesting reliance on short-term liabilities and tight liquidity management.

From a Vietnam business risk perspective, Petrolimex Nghe Tinh Transportation and Service presents a mixed profile. Stable profitability growth and long operating history support credit confidence, while negative working capital and revenue contraction highlight liquidity and demand sensitivity. Through its Vietnam business data and analytical insights, VNBIS helps investors, lenders, and business partners assess the company’s legal standing, financial performance, and operational risks when engaging with regional transportation firms linked to Vietnam’s fuel distribution network.