PETROVIETNAM OIL CAI LAN JOINT STOCK COMPANY

PETROVIETNAM OIL CAI LAN JOINT STOCK COMPANY, known in Vietnamese as Công ty Cổ phần Xăng Dầu Dầu Khí Cái Lân, is a joint stock company operating in the petroleum and energy sector. The company was officially established on April 8, 2008, and has been in continuous operation for over 17 years. It is registered under Business ID 5700804189, and its head office is located at Cai Lan Shipbuilding Industrial Cluster, Cai Lan Industrial Park, Gieng Day Ward, Ha Long City, Quang Ninh Province, Vietnam. The company has a paid-up capital of USD 3.61 million and employs a team of 23 people.

The company is directed by Mr. Nguyen V. T., who plays a central role in operational and strategic leadership. PETROVIETNAM OIL CAI LAN is majority-owned by PetroVietnam Oil Corporation, which holds 80.19% of the shares, while other shareholders have the remaining 19.81%. This ownership structure links the company to one of Vietnam’s most significant state-owned energy corporations, providing it with strong backing in the domestic petroleum distribution network.

Financially, the company has shown consistent growth in recent years. By the end of 2023, total assets reached USD 9.87 million, increasing 4.43% year-on-year. Owner’s equity was recorded at USD 3.88 million, with steady improvement over the past three years. Sales surged to USD 108.14 million, reflecting an impressive 29.82% growth from 2022 and a nearly threefold increase compared to 2021. Profit stood at USD 189,950, remaining stable despite fluctuations in the global energy market. While profit margins are modest, this level of financial performance reflects the company’s stable position in the petroleum wholesale sector.

PETROVIETNAM OIL CAI LAN focuses primarily on the wholesale of solid, liquid, and gaseous fuels and also engages in warehousing, road freight transport, and coastal shipping. The company plays an important role in the northern petroleum supply chain, particularly in Quang Ninh Province, one of Vietnam’s strategic energy and logistics hubs.

For businesses looking to work with energy suppliers like PETROVIETNAM OIL CAI LAN, having accurate, updated information is essential. VNBIS provides comprehensive company reports that help clients evaluate business partners more effectively. By accessing these reports, investors and buyers can understand financial strength, operational capacity, and risk factors—allowing them to minimize business risks and make better decisions.

With a strong shareholder structure, expanding sales, and strategic location, PETROVIETNAM OIL CAI LAN is a solid and credible player in Vietnam’s petroleum distribution market. It offers operational stability and growth potential in the energy sector.