KONTUM PETROLEUM BRANCH

KONTUM PETROLEUM BRANCH is an active petroleum trading branch registered on 18 June 1994 with the Kon Tum Department of Planning and Investment under Business ID and TIN 5900182337-001. With over 31 years of operation, the branch has established a long-standing presence in the wholesale distribution of petroleum and related fuel products in Kon Tum Province.

The branch operates under the business form of a branch entity and focuses primarily on the wholesale of solid, liquid, and gaseous fuels and related products. In addition to fuel trading, it is registered for wholesale of construction materials, other household products, freight transport by road, and insurance agency activities. Its registered address is House No. 06, Pham Van Dong Street, Le Loi Ward, Kon Tum City, Kon Tum Province, Vietnam. The owner and legal representative is VO D. T., Vietnamese national.

From a financial perspective, KONTUM PETROLEUM BRANCH demonstrates a high-revenue, low-margin operating model typical of fuel distributors. Total sales reached approximately USD 58.23 million, although revenue has slightly declined over recent periods. Total assets stood at approximately USD 4.83 million, reflecting a contraction compared to previous years.

One of the most critical indicators is working capital, recorded at approximately negative USD 2.47 million. Negative working capital in petroleum distribution can indicate heavy reliance on short-term liabilities or supplier credit to finance operations. While such a structure is common in commodity trading businesses, it requires strong cash flow discipline and careful liquidity management.

Owner’s equity improved significantly to approximately USD 213,836, representing a substantial year-on-year increase. Profit also reached approximately USD 213,836, indicating recovery compared to prior years. However, net worth remains negative at approximately USD 1.85 million, suggesting accumulated historical financial pressure or structural liabilities that still need monitoring.

The financial table on page 3 of the report shows total sales decreasing from over USD 72.9 million to USD 58.2 million across the reviewed periods, while equity rebounded sharply in the most recent year. The accompanying growth rate chart highlights the volatility in profitability and equity levels, underscoring the cyclical nature of fuel distribution businesses.

With over three decades of operation, KONTUM PETROLEUM BRANCH maintains operational continuity in a sector that is sensitive to fuel price fluctuations, regulatory controls, tax policies, and supply chain conditions. High revenue scale relative to asset base reflects rapid inventory turnover typical in petroleum trading.

For lenders, suppliers, or partners evaluating this branch, close attention should be paid to liquidity structure, working capital sustainability, and debt obligations. Detailed financial statements, credit assessment, and risk evaluation services can be obtained through VNBIS, a leading provider of business intelligence and financial risk analysis covering enterprises throughout Vietnam.