VINACOMIN - NORTHERN COAL TRADING JOINT STOCK COMPANY, registered under the Business ID (TIN) 0100100689, is located at No. 5, Phan Dinh Giot Street, Phuong Liet Ward, Thanh Xuan District, Ha Noi City, Vietnam. The company commenced operations on 02 Jan 2007, marking its official entry into the business sector. With a charter capital of VND 150,000,000,000, VINACOMIN - NORTHERN COAL TRADING JOINT STOCK COMPANY is financially equipped to support its business activities. The company specializes in wholesale of solid, liquid and gaseous fuels and related products, providing a diverse range of products and services. The strategic decisions of VINACOMIN - NORTHERN COAL TRADING JOINT STOCK COMPANY are overseen by PHAM T.N and NGO Q.T and NGUYEN T.N and NGUYEN M.H, who plays a critical role in guiding the company's direction.
The precursor of the subject was a wholly State Owned Enterprise that was founded in 1974. After changes, the subject was equitized in Jan 2007. Currently, the subject is a member of VIETNAM NATIONAL COAL AND MINERAL INDUSTRIES HOLDING CORPORATION LIMITED with an ownership ratio of 67.44%.
Like many other members of the group, the subject is engaged in processing, mixing and trading coal. Besides domestic sources, the subject also imports coal overseas. Goods are supplied from Northern provinces to Ha Tinh Province; mainly in Hai Phong City, Ha Noi City, Bac Ninh, Thanh Hoa and Nam Dinh provinces.
Financially, the total sales of the company in 2022 boomed suddenly 2.2-fold compared to 2021. Net sales continuously increased in 2023 to reach VND 28.9 trillion in the first 9 months of 2023. However, although the business result was much improved, the financial structure was still unbalanced. The financial autonomy appeared only average.
The basic company report from Vietnam Business Information covers fundamental aspects and highlights the core competencies and operational focus of VINACOMIN - NORTHERN COAL TRADING JOINT STOCK COMPANY. Additionally, the comprehensive company report provides an in-depth analysis and valuable opinions from Vietnam Business Information’s professional analysts.