S.W.P SOUTHWEST PETROLEUM LIMITED COMPANY

S.W.P SOUTHWEST PETROLEUM LIMITED COMPANY is an emerging name in Vietnam's energy and fuel distribution sector. Established on May 3, 2018, this limited liability company is headquartered on the 9th floor of Building 678, No. 67 Hoang Van Thai Street, Tan Phu Ward, District 7, Ho Chi Minh City. Legally registered under the Tax Identification Number 0315022575, the company has demonstrated explosive growth in recent years and is becoming a notable player in the national petroleum trade.

The company is directed by Mr. Tran Minh Xuan, a Vietnamese national, who also serves as one of the three primary shareholders. His leadership has driven S.W.P SOUTHWEST PETROLEUM LIMITED COMPANY through both structural and financial transformations. With branches established in Long An, Can Tho, and Hanoi, the company has created a multi-regional operational footprint that enhances its logistics capacity and nationwide market reach.

S.W.P SOUTHWEST PETROLEUM LIMITED COMPANY focuses on the wholesale trading of solid, liquid, and gaseous fuels and related products, including gasoline and petroleum. The company also engages in real estate activities, freight transportation by road and water, retail fuel operations, and construction of industrial facilities. This diversified business model positions the company to leverage synergies between energy distribution, infrastructure development, and asset management.

Financially, the company achieved outstanding growth in 2023. Total sales surged to USD 329.06 million, marking a 195.5% increase from the previous year. Total assets also expanded significantly, reaching USD 62.96 million—an impressive 118.08% year-over-year increase. Owner’s equity rose from a negative balance to USD 8.02 million, demonstrating a stunning 7,013.73% improvement. Despite these gains, the company posted a net loss of USD 1.66 million in 2023, a decline from a modest profit in 2022, suggesting ongoing challenges in managing operational costs amid rapid scale-up. Its charter capital and paid-up capital are both reported at USD 12.32 million, reflecting strong capitalization for a privately held enterprise.

With official registration under the Ho Chi Minh City Department of Planning and Investment, S.W.P SOUTHWEST PETROLEUM LIMITED COMPANY is legally recognized as a privately held Vietnamese company. Its ownership is evenly split among three Vietnamese shareholders: Mr. Tran Minh Xuan, Mr. Le Thanh Trung, and Mr. Luong Dinh Tien, each holding one-third of the company.

In summary, S.W.P SOUTHWEST PETROLEUM LIMITED COMPANY is a fast-growing energy trader that has rapidly expanded its financial base and market presence in Vietnam’s competitive fuel sector. With aggressive expansion, a broad business scope, and strong leadership, the company is poised to continue shaping the domestic petroleum supply chain in the coming years.