Petrolimex Nghe Tinh Transportation and Service Joint Stock Co
HHNX:PTX22,000.00
VND
+1,500.00
(+7.32%)
Petrolimex Nghe Tinh Transportation and Service Joint Stock Co
HNX:PTX
(Hanoi Stock Exchange)
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22,000.00
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ROIC.AI
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- Business
- Petrolimex Nghe Tinh Transportation and Service Joint Stock Company is a Vietnam-based company primarily engaged in the transportation of petroleum products and the retail distribution of motor fuels and lubricants. The company operates through three principal business segments: Petroleum Transportation, Petroleum and Oil Product Trading, and Automotive Services. Its core offerings include the road transportation of petroleum, liquefied petroleum gas, and specialty chemicals via a dedicated fleet of specialized tanker trucks; the retail and wholesale distribution of fuels and energy products, including RON 95 gasoline, E5 RON 92 bio-gasoline, diesel oil, fuel oil, and kerosene; the commercial distribution of automotive and industrial lubricants, greases, and asphalt under the Petrolimex brand; the operation of a regional network of retail petroleum filling stations; automotive repair, technical inspection, and maintenance services for commercial transport vehicles and passenger cars; the trading of motor vehicle spare parts, accessories, and replacement tires; and logistics, warehousing, and fuel storage services. The company primarily serves industrial enterprises, commercial transport operators, agricultural businesses, and retail motorists across North-Central Vietnam, with core operations centered in Nghe An and Ha Tinh provinces, as well as cross-border petroleum transit operations into the Lao People's Democratic Republic. In recent developments, the company has advanced the strategic expansion and modernization of its retail filling station network across Nghe An and Ha Tinh, deploying automated pump management systems and electronic invoicing solutions to improve operational efficiency and inventory management. In addition, the company has undertaken fleet renewal programs by investing in new-generation, safety-compliant tank trucks equipped with real-time GPS tracking and automated fuel monitoring systems, while optimizing logistics routes and expanding cross-border transport capabilities along the Vietnam-Laos trade corridor. Founded in 1999 as part of the Vietnam National Petroleum Group (Petrolimex) network, Petrolimex Nghe Tinh Transportation and Service Joint Stock Company is headquartered in Vinh City, Nghe An Province, Vietnam.