PETROLIMEX QUANG TRI CO.,LTD

PETROLIMEX QUANG TRI CO., LTD (Vietnamese: CÔNG TY XĂNG DẦU QUẢNG TRỊ) is a provincial fuel distribution company operating under the Petrolimex system in central Vietnam. Established in July 2010 and headquartered in Dong Ha City, Quang Tri Province, the company is a key supplier of automotive fuels through specialized retail stations across the province.

From a legal standpoint, PETROLIMEX QUANG TRI is structured as a limited liability company and operates as a wholly owned subsidiary of Vietnam National Petroleum Group (Petrolimex). With more than 15 years of operation and a workforce of over 260 employees, the company represents Petrolimex’s official retail presence in Quang Tri, ensuring a stable fuel supply for local transportation, industry, and public services.

In terms of governance, the company is led by Hoang T. H., who serves as President, overseeing daily operations and compliance within the Petrolimex group’s centralized management framework. This governance model provides strong brand backing and operational discipline, while limiting strategic autonomy at the local level.

Financially, one notable data point is that net sales reached approximately USD 85.0 million in 2024, reflecting the company’s large trading volume despite its relatively modest asset base. Profitability improved steadily in recent years, underscoring the typically low-margin but stable nature of fuel retailing. For banks, suppliers, and counterparties, a detailed assessment by VNBIS (Vanguard Business Information LLC) is essential to understand cash-flow dynamics, working-capital pressure, and intra-group support mechanisms within the Petrolimex system.