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PETROLIMEX PETROCHEMICAL CORPORATION - JSC

Active

Business ID 0101463614

84-24 / 3851 3205

PETROLIMEX PETROCHEMICAL CORPORATION - JSC

Active

Business ID 0101463614

84-24 / 3851 3205

PETROLIMEX PETROCHEMICAL CORPORATION - JSC

Active

Summary

Name:

PETROLIMEX PETROCHEMICAL CORPORATION - JSC

Business ID (TIN):

0101463614

Date of Registration:

18 Feb 2004

Registered Office:

Ha Noi City Department of Planning and Investment

Ticker:

PLC

Address:

18th & 19th Floors, No. 229, Tay Son Street, Nga Tu So Ward, Dong Da District, Ha Noi City, Vietnam

Phone:

84-24 / 3851 3205

Financial Statement:

2020, 2021, 2022, 2023, 2024

PETROLIMEX PETROCHEMICAL CORPORATION - JSC (TỔNG CÔNG TY HÓA DẦU PETROLIMEX - CTCP) continues to assert its presence as a leading manufacturer and distributor of petroleum-based products in Vietnam. Founded on February 18, 2004, and registered under Tax Identification Number 0101463614, the company has grown into one of the most important subsidiaries within the Petrolimex ecosystem. Its headquarters occupies the 18th and 19th floors of No. 229 Tay Son Street in Hanoi’s Dong Da District, from which it coordinates a national operation that spans offices in Da Nang, Ho Chi Minh City, and Can Tho.

Operating under the stock symbol PLC on the Hanoi Stock Exchange (HNX), PETROLIMEX PETROCHEMICAL CORPORATION - JSC is a publicly held joint stock company, with Vietnam National Petroleum Group retaining a controlling 79.07% stake. The company employs 766 workers and is helmed by Chairman Mr. Do Huu Tao, with operational leadership provided by General Director Mr. Le Quang Tuan.

The company’s core business includes manufacturing lubricants, distributing asphalt and other petrochemical products, trading in materials and equipment for the petroleum industry, and providing services such as warehousing, transportation, and technical petrochemical testing. This integrated model gives the company strong control over its supply chain and value-added services.

Despite market pressures in 2023, PETROLIMEX PETROCHEMICAL CORPORATION - JSC generated USD 327.05 million in revenue, a slight drop of 7.44% from the previous year. However, the company still maintained profitability with a net profit of USD 4.43 million, even though that figure represented a 7.88% decrease year-over-year. Total assets decreased to USD 174.6 million, while equity improved to USD 54.2 million, reflecting cautious financial management and an effective capital structure. The company’s charter capital remains at USD 33.19 million, fully paid-in, reinforcing a sound legal and financial foundation.

Over its 21-year history, PETROLIMEX PETROCHEMICAL CORPORATION - JSC has built trust with both domestic and international partners, becoming a central supplier for Vietnam’s industrial and transportation sectors. With a wide-reaching logistics footprint, proprietary technologies in lubricant manufacturing, and support from Petrolimex’s national infrastructure, the company is well-positioned to adapt to shifts in energy demand, environmental standards, and regional competition.

For stakeholders looking to evaluate the reliability, transparency, and creditworthiness of businesses like PETROLIMEX PETROCHEMICAL CORPORATION - JSC, Vanguard Business Information LLC (VBI) offers deep-dive company reports. These reports feature verified financial statements, risk assessments, and ownership disclosures that help credit insurers, investors, and partners make confident decisions in complex markets.

As Vietnam pushes for industrial modernization and energy diversification, PETROLIMEX PETROCHEMICAL CORPORATION - JSC stands out as a strategic force, driving the evolution of the country’s petrochemical supply chain.

Legal Profile

English Name:

PETROLIMEX PETROCHEMICAL CORPORATION - JSC

Vietnamese Name:

TỔNG CÔNG TY HÓA DẦU PETROLIMEX - CTCP

Short Name:

PLC

Business ID (TIN):

0101463614

Date of Registration:

18 Feb 2004

Registered Office:

Ha Noi City Department of Planning and Investment

Ticker:

PLC

Ownership Status:

Publicly held

Operation Status:

Active

Contacts

Key Decision Makers:

+ DO H.T

+ LE Q.T

+ NGUYEN D.L

+ TRAN D.H

+ NGUYEN T.K

Address:

18th & 19th Floors, No. 229, Tay Son Street, Nga Tu So Ward, Dong Da District, Ha Noi City, Vietnam

Phone:

84-24 / 3851 3205

Branch:

7th Floor, Petrolimex Da Nang Building, No. 122, Road 2/9, Binh Thuan Ward, Hai Chau District, Da Nang City, Vietnam

Branch:

No. 104, Mai Thi Luu, Da Kao Ward, District 1, Ho Chi Minh City, Vietnam

Branch:

Main Road Tra Noc 1 IZ, Tra Noc Ward, Binh Thuy District, Can Tho City, Vietnam

Business Sector

Key business lines:

VSIC:

4661 Wholesale of solid, liquid and gaseous fuels and related products

NACE:

46.71 Wholesale of solid, liquid and gaseous fuels and related products

Industry Sales Growth

CAGR (2019 - 2023)

7.31%

YoY (2023)

-7.98%

Companies by industry

Company distribution and propportions

22,314

0.7675%

Key Industry Players

Top 10 companies in wholesale of solid, liquid and gaseous fuels and related products industry

vietnam national petroleum group petrovietnam oil corporation vinacomin - coal import export joint stock company dong thap petroleum trading import export joint stock company vietnam air petrol company limited (skypec) thanh le corporation vinacomin - northern coal trading joint stock company (translated name) area 2 petroleum company - one member limited liability company (translated name) region i petroleum company - one member limited liability company petrolimex aviation fuel joint stock company

Payment History

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Financial Performance

Assets	73.44%
Owner’s Equity	-56.72%
Working Capital	-13.88%
Net Worth	97.86%
Sales	-65.29%
Operating income	-94.12%
EBIT	35.69%
Gross Profit Margin	-45.90%
Debt to EBITDA	49.07%

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Specific Questions About PETROLIMEX PETROCHEMICAL CORPORATION - JSC

When did PETROLIMEX PETROCHEMICAL CORPORATION - JSC start operating?

PETROLIMEX PETROCHEMICAL CORPORATION - JSC was started in 18 Feb 2004

What industry does PETROLIMEX PETROCHEMICAL CORPORATION - JSC operate in?

PETROLIMEX PETROCHEMICAL CORPORATION - JSC is operating in "Wholesale of solid, liquid and gaseous fuels and related products" industry

How can I contact PETROLIMEX PETROCHEMICAL CORPORATION - JSC?

PETROLIMEX PETROCHEMICAL CORPORATION - JSC phone numbers is 84-24 / 3851 3205

What adverse news is there about PETROLIMEX PETROCHEMICAL CORPORATION - JSC?

PETROLIMEX PETROCHEMICAL CORPORATION - JSC’s has 4 bad news

What is stock symbol of PETROLIMEX PETROCHEMICAL CORPORATION - JSC?

PETROLIMEX PETROCHEMICAL CORPORATION - JSC’s stock symbol is PLC

Where is the location of PETROLIMEX PETROCHEMICAL CORPORATION - JSC?

PETROLIMEX PETROCHEMICAL CORPORATION - JSC is located at 18th & 19th Floors, No. 229, Tay Son Street, Nga Tu So Ward, Dong Da District, Ha Noi City, Vietnam

What is PETROLIMEX PETROCHEMICAL CORPORATION - JSC’s business registration?

PETROLIMEX PETROCHEMICAL CORPORATION - JSC business registration is 0101463614

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