VINACOMIN - MATERIALS TRADING JOINT STOCK COMPANY

VINACOMIN - MATERIALS TRADING JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN VẬT TƯ - TKV) is a publicly held enterprise operating primarily in the wholesale distribution of machinery, fuels, and industrial materials. Established on June 25, 2010, the company has over 14 years of operational experience and is officially registered under the Business ID and Tax Code 5700100707 with the Quang Ninh Department of Planning and Investment. Its head office is located at Group 1, Area 2, Hồng Hà Ward, Hạ Long City, Quảng Ninh Province, Vietnam.

The company is led by Chairman Mr. Trần Thế Thành, with Mr. Trần Minh Nghĩa as Director and Mr. Trương Quang Vệ serving as Deputy Director. It currently employs 786 people and maintains additional offices in Cẩm Phả and other areas within Quảng Ninh. With a fully paid-up charter capital of USD 6.16 million, VINACOMIN - MATERIALS TRADING JOINT STOCK COMPANY trades on the UPCoM exchange under the symbol MTS.

Financially, the company reported total assets of USD 23.74 million in 2024, reflecting a 7.65% decline from the previous year and continuing a multi-year downward trend. The owner’s equity stands at USD 7.24 million, a slight decrease from 2023. Net sales reached USD 167.64 million, down nearly 6% from 2023, while net profit was USD 616,094—a modest but notable decrease of 2.18% year-over-year. Despite these declines, the company remains profitable, maintaining a positive net worth and working capital of USD 4.36 million.

A majority stake of 51% in the company is held by VIETNAM NATIONAL COAL AND MINERAL INDUSTRIES HOLDING CORPORATION LIMITED (Vinacomin), a state-owned conglomerate, while Dai Van Phu Company Limited holds 17.67%, and the rest is shared among other investors.

The core activities of CÔNG TY CỔ PHẦN VẬT TƯ - TKV include manufacturing and trading of lubricants, petroleum products, and chemical supplies, along with logistics services like transportation and cargo handling. It also engages in real estate, shipbuilding, and water transport services, reflecting a wide-ranging commercial portfolio.

While financial performance shows a slight but persistent downward trend in sales, assets, and profit, the company’s strong state-backed ownership, diversified business lines, and established market presence suggest it retains strategic relevance within Vietnam’s industrial supply chain. Stakeholders should monitor operational efficiency and capital utilization as key factors for future resilience.