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PHU THO PETROVIETNAM OIL JOINT STOCK COMPANY

Active

Business ID 0102421913

84-210 / 3683 683

PHU THO PETROVIETNAM OIL JOINT STOCK COMPANY

Active

Business ID 0102421913

84-210 / 3683 683

PHU THO PETROVIETNAM OIL JOINT STOCK COMPANY

Active

Summary

Name:

PHU THO PETROVIETNAM OIL JOINT STOCK COMPANY

Business ID (TIN):

0102421913

Date of Registration:

02 Nov 2007

Registered Office:

Phu Tho Department of Planning and Investment

Address:

Lot 3, Bach Hac Industrial Park, Bach Hac Ward, Viet Tri City, Phu Tho Province, Vietnam

Phone:

84-210 / 3683 683

Financial Statement:

2020, 2021, 2022, 2023, 2024

PHU THO PETROVIETNAM OIL JOINT STOCK COMPANY (Vietnamese name: CÔNG TY CỔ PHẦN XĂNG DẦU DẦU KHÍ PHÚ THỌ, short name: PV OIL PHU THO) is a key player in the petroleum trading sector in northern Vietnam. Legally registered as a joint stock company with Business ID and Tax Identification Number 0102421913, this enterprise is headquartered at Lot 3, Bach Hac Industrial Park, Bach Hac Ward, Viet Tri City, Phu Tho Province. The company has been in operation since November 2, 2007, and is officially licensed by the Phu Tho Department of Planning and Investment.

PHU THO PETROVIETNAM OIL operates as a privately held enterprise with a paid-up capital of USD 2.05 million as of December 31, 2023. The firm is under the direction of Mr. Luu C. N., a Vietnamese national, who currently serves as the Director. With over 100 employees, the company maintains a lean yet efficient structure to manage its petroleum distribution operations and real estate activities.

As a regional branch within the broader PetroVietnam Oil Corporation system, the company specializes in the wholesale of solid, liquid, and gaseous fuels and related products. In addition, it operates several support services such as leasing of the PVOIL office building, real estate development, vehicle leasing, courier activities, and inland freight transport. These activities reflect an expansive and diversified business portfolio beyond its core petroleum operations.

In terms of financial performance, PV OIL PHU THO has demonstrated notable growth in recent years. For the fiscal year ending December 31, 2023, the company reported total assets of USD 18.05 million, up by 45.67% year-over-year. Total equity stood at USD 1.76 million, a 51.84% increase, while net profit more than doubled to USD 600,218, reflecting strong operational recovery and efficiency. Despite a slight decline in sales of 0.36%, which totaled USD 142.31 million, the company's profit margin improvement suggests effective cost control and margin management. However, a working capital deficit of USD-3.76 million indicates that liquidity risk remains an issue requiring close monitoring, particularly relevant from a business verification and risk management service perspective.

The company's ownership is anchored by PETROVIETNAM OIL CORPORATION, which holds a majority stake of 71.68%, providing strong institutional backing and integration into Vietnam's national energy infrastructure. Other shareholders include VIETNAM WATER AND ENVIRONMENT INVESTMENT CORPORATION JSC (15%) and PETROWACO PROPERTY JOINT STOCK COMPANY (5%), both of which are based in Hanoi.

PHU THO PETROVIETNAM OIL maintains additional branch offices in Hanoi, Vinh Phuc, and Lao Cai, ensuring a broad regional presence across the northern provinces. This network supports the company’s logistics, distribution, and real estate services while enhancing its competitiveness in both public and private tenders.

For investors, suppliers, and regulatory agencies seeking business verification services and access to Vietnam private financial data, PHU THO PETROVIETNAM OIL represents a well-documented and institutionally supported entity. Its upward financial trend, strategic affiliations, and operational footprint position it as a trusted partner in Vietnam’s petroleum supply chain.

VANGUARD BUSINESS INFORMATION LLC (VBI), a leading provider of corporate intelligence and credit risk reports, continues to assess firms like PHU THO PETROVIETNAM OIL to deliver verified, actionable data to stakeholders navigating Vietnam’s dynamic business environment.

Legal Profile

English Name:

PHU THO PETROVIETNAM OIL JOINT STOCK COMPANY

Vietnamese Name:

CONG TY CO PHAN XANG DAU DAU KHI PHU THO

Short Name:

PV OIL PHU THO

Business ID (TIN):

0102421913

Date of Registration:

02 Nov 2007

Registered Office:

Phu Tho Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

LUU C.N

Address:

Lot 3, Bach Hac Industrial Park, Bach Hac Ward, Viet Tri City, Phu Tho Province, Vietnam

Phone:

84-210 / 3683 683

Branch:

No. 148 Hoang Quoc Viet Street, Nghia Tan Ward, Cau Giay District, Ha Noi City, Vietnam

Branch:

Zone 05, Tien Chau Ward, Phuc Yen City, Vinh Phuc Province, Vietnam

Branch:

Group 25, Highway 4E, Binh Minh Ward, Lao Cai City, Lao Cai Province, Vietnam

Branch:

Tieu Long Hamlet, Tuong Giang Commune, Tu Son City, Bac Ninh Province, Vietnam

Branch:

Hamlet 6, Dong Quan Commune, Luc Yen District, Yen Bai Province, Vietnam

Warehouse Address:

Dinh Vu Petroleum Depot, Lot 6, Dinh Vu Industrial Park, Dong Hai 2 Ward, Hai An District, Hai Phong 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

22,313

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	0.85%
Owner’s Equity	-66.81%
Working Capital	-28.56%
Net Worth	23.65%
Sales	56.87%
Operating income	-30.68%
EBIT	88.50%
Gross Profit Margin	-22.49%
Debt to EBITDA	-63.41%

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Specific Questions About PHU THO PETROVIETNAM OIL JOINT STOCK COMPANY

When did PHU THO PETROVIETNAM OIL JSC start operating?

PHU THO PETROVIETNAM OIL JSC was started in 02 Nov 2007

What industry does PHU THO PETROVIETNAM OIL JSC operate in?

PHU THO PETROVIETNAM OIL JSC is operating in "Wholesale of solid, liquid and gaseous fuels and related products" industry

How can I contact PHU THO PETROVIETNAM OIL JSC?

PHU THO PETROVIETNAM OIL JSC phone numbers is 84-210 / 3683 683

What adverse news is there about PHU THO PETROVIETNAM OIL JSC?

PHU THO PETROVIETNAM OIL JSC’s has no negative news

What is stock symbol of PHU THO PETROVIETNAM OIL JSC?

PHU THO PETROVIETNAM OIL JSC is not listed company

Where is the location of PHU THO PETROVIETNAM OIL JSC?

PHU THO PETROVIETNAM OIL JSC is located at Lot 3, Bach Hac Industrial Park, Bach Hac Ward, Viet Tri City, Phu Tho Province, Vietnam

What is PHU THO PETROVIETNAM OIL JSC’s business registration?

PHU THO PETROVIETNAM OIL JSC business registration is 0102421913

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