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PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JOINT STOCK COMPANY

Active

Business ID 0304998686

84-28 / 3784 0386 - 3784 0387

PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JOINT STOCK COMPANY

Active

Business ID 0304998686

84-28 / 3784 0386 - 3784 0387

PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JOINT STOCK COMPANY

Active

Summary

Name:

PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JOINT STOCK COMPANY

Business ID (TIN):

0304998686

Date of Registration:

23 May 2007

Registered Office:

Ho Chi Minh Department of Planning and Investment

Ticker:

PGD

Address:

7th Floor, PV Gas Tower, No. 673, Nguyen Huu Tho Street, Phuoc Kien Commune, Nha Be District, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3784 0386 - 3784 0387

Financial Statement:

2020, 2021, 2022, 2023, 2024

PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN PHÂN PHỐI KHÍ THẤP ÁP DẦU KHÍ VIỆT NAM), known on the stock exchange as PV GAS D JSC (PGD), has long been a key component in Vietnam’s natural gas infrastructure. With over 17 years of experience in the energy industry, this publicly listed company plays an essential role in distributing low-pressure gas to industrial zones, manufacturers, and cities across Vietnam. However, despite its strategic role and solid backing from major shareholders like PETROVIETNAM GAS JOINT STOCK CORPORATION and Tokyo Gas Asia, recent financial performance raises questions about the company’s ability to navigate market volatility.

A Legal and Strategic Profile Backed by Industry Giants

PV GAS D JSC was incorporated on May 23, 2007, and is registered under Business ID and Tax Code 0304998686 with the Ho Chi Minh Department of Planning and Investment. Operating as a joint stock company with a charter capital of USD 40.67 million, the company is headquartered at PV Gas Tower, 673 Nguyen Huu Tho, Nha Be District, Ho Chi Minh City, with multiple branches spanning Ba Ria - Vung Tau, Dong Nai, and Thai Binh.

As a publicly held enterprise listed on the Ho Chi Minh Stock Exchange (HOSE) under the ticker PGD, PV GAS D JSC enjoys investment and oversight from some of the energy sector’s most influential players. Its ownership structure is dominated by PETROVIETNAM GAS JOINT STOCK CORPORATION, which holds 50.5%, followed by Tokyo Gas Asia Pte Ltd with 24.9%. This mix of local authority and international expertise reinforces the company’s operational credibility.

Key Executives and Operational Backbone

The company's leadership is spearheaded by Chairman Mr. Tran Trung Chinh and Director Mr. Tran Thanh Nam, both Vietnamese nationals with deep experience in the petroleum and energy sectors. With a lean workforce of 256 employees, the company remains agile, relying on operational efficiency and technical partnerships to maintain service delivery across Vietnam’s key industrial zones.

Financial Highs and Lows: A Mixed Performance

While PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JSC operates in a vital and growing sector, its financial results for 2023, as verified by VANGUARD BUSINESS INFORMATION LLC (VBI) — a trusted source for Private Financial Data and Business Verification Services — show a company facing headwinds.

For the fiscal year ending December 31, 2023, PV GAS D reported:

Total Assets: USD 138.16 million (down 6.89%)
Sales Revenue: USD 406.34 million (down 12.27%)
Net Profit: USD 10.92 million (down 35.6%)
Equity: USD 57.58 million

These figures mark a notable decline from 2022, when the company posted a profit of USD 16.95 million and a sales peak of over USD 463 million. The drop in both top-line and bottom-line performance signals possible market pressures, operational inefficiencies, or regulatory constraints that could impact investor sentiment moving forward.

Core Business: Natural Gas Distribution in an Industrializing Nation

The primary focus of PV GAS D JSC is the extraction and distribution of natural gas, a sector that underpins much of Vietnam’s industrial and energy consumption. The company also engages in ancillary operations such as construction, technical consultancy, machinery installation, and fuel retail. This diversification allows the company to tap into multiple revenue streams, though its dependency on natural gas pricing and industrial demand poses a risk during economic downturns.

Verified for Transparency and Reliability by VBI

All corporate and financial data in this article has been validated by VANGUARD BUSINESS INFORMATION LLC (VBI). As a leading provider of Private Financial Data and Business Verification Services, VBI ensures that all information presented on PV GAS D JSC is thoroughly assessed for legal compliance, data integrity, and risk transparency. This verification empowers investors, lenders, and business partners with the confidence to engage in informed decision-making.

Outlook: A Pivotal Player with Challenges Ahead

While PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JOINT STOCK COMPANY remains essential to Vietnam’s gas ecosystem, its recent financial contraction and dependence on industrial output point to the need for strategic restructuring or market adaptation. With verified data from VANGUARD BUSINESS INFORMATION (VBI)highlighting both its strengths and vulnerabilities, PV GAS D JSC enters a critical phase where its long-term value will be defined by its agility and operational innovation.

For stakeholders seeking reliable insight into Vietnamese enterprises, VBI continues to serve as the benchmark provider of Business Verification Services and Private Financial Data, helping to illuminate the road ahead for companies like PV GAS D JSC.

Legal Profile

English Name:

PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN PHÂN PHỐI KHÍ THẤP ÁP DẦU KHÍ VIỆT NAM

Short Name:

PV GAS D JSC

Business ID (TIN):

0304998686

Date of Registration:

23 May 2007

Registered Office:

Ho Chi Minh Department of Planning and Investment

Ticker:

PGD

Ownership Status:

Publicly held

Operation Status:

Active

Contacts

Key Decision Makers:

+ TRAN T.C

+ TRAN T.N

+ NGUYEN Q.H

+ LE M.H

+ DINH N.H

+ DO P.H.M

+ LE B.K.A

+ NGUYEN N.S

+ NGUYEN V.A

+ PHAM V.H

+ DANG T.H.Y

+ PHAM T.T.H

Address:

7th Floor, PV Gas Tower, No. 673, Nguyen Huu Tho Street, Phuoc Kien Commune, Nha Be District, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3784 0386 - 3784 0387

Branch:

No. 61B, 30/4 Street, Thang Nhat Ward, Vung Tau City, Ba Ria - Vung Tau Province, Vietnam

Branch:

D3 Street, Vinatex Tan Tao Industrial Park, Phuoc An Commune, Nhon Trach District, Dong Nai Province, Vietnam

Branch:

Tien Hai Industrial Park, Dong Co Commune, Tien Hai District, Thai Binh Province, Vietnam

Business Sector

Key business lines:

VSIC:

0620 Extraction of natural gas

NACE:

06.20 Extraction of natural gas

NAICS:

211130 Natural Gas Extraction

Industry Sales Growth

CAGR (2019 - 2023)

0.23%

YoY (2023)

-10.96%

Companies by industry

Company distribution and propportions

0.0016%

Key Industry Players

Top 10 companies in extraction of natural gas industry

petrovietnam gas joint stock corporation petrovietnam low pressure gas distribution joint stock company pvep songhong company limited (translated name) truong an trading and construction company limited (translated name) truong an construction and trading company limited - thanh hoa branch (translated name) truong an thanh hoa trading company limited vietpetrol energy joint stock company

Payment History

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Financial Performance

Assets	-65.20%
Owner’s Equity	-12.29%
Working Capital	91.55%
Net Worth	45.99%
Sales	-37.46%
Operating income	-43.02%
EBIT	-22.20%
Gross Profit Margin	32.19%
Debt to EBITDA	17.92%

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Specific Questions About PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JOINT STOCK COMPANY

When did PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JSC start operating?

PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JSC was started in 23 May 2007

What industry does PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JSC operate in?

PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JSC is operating in "Extraction of natural gas" industry

How can I contact PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JSC?

PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JSC phone numbers is 84-28 / 3784 0386 - 3784 0387

What adverse news is there about PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JSC?

PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JSC’s has 3 bad news

What is stock symbol of PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JSC?

PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JSC’s stock symbol is PGD

Where is the location of PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JSC?

PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JSC is located at 7th Floor, PV Gas Tower, No. 673, Nguyen Huu Tho Street, Phuoc Kien Commune, Nha Be District, Ho Chi Minh City, Vietnam

What is PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JSC’s business registration?

PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JSC business registration is 0304998686

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PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JOINT STOCK COMPANY

PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JOINT STOCK COMPANY

PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JOINT STOCK COMPANY

A Legal and Strategic Profile Backed by Industry Giants

Key Executives and Operational Backbone

Financial Highs and Lows: A Mixed Performance

Core Business: Natural Gas Distribution in an Industrializing Nation

Verified for Transparency and Reliability by VBI

Outlook: A Pivotal Player with Challenges Ahead

Company Profile Report

Company Standard Report

Comprehensive Report

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PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JOINT STOCK COMPANY

PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JOINT STOCK COMPANY

PETROVIETNAM LOW PRESSURE GAS DISTRIBUTION JOINT STOCK COMPANY

A Legal and Strategic Profile Backed by Industry Giants

Key Executives and Operational Backbone

Financial Highs and Lows: A Mixed Performance

Core Business: Natural Gas Distribution in an Industrializing Nation

Verified for Transparency and Reliability by VBI

Outlook: A Pivotal Player with Challenges Ahead

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

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