Petrolimex International Trading JSC

Petrolimex International Trading JSC

HHOSE:PIT
6,900.00
VND
+20.00
(+0.29%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Thong Duc Huynh
Full Time Employees
125
Sector
Distribution services
Industry
Wholesale distributors
Address
Ho Chi Minh City Vietnam
IPO Date
Jan 9, 2008
Business
Petrolimex International Trading Joint Stock Company (HOSE: PIT) is a Vietnam-based international trading and processing enterprise primarily engaged in the export, import, and distribution of agricultural commodities, processed minerals, industrial paints and chemicals, and petroleum-related products. Founded in 1999 and headquartered in Ho Chi Minh City, Vietnam, the company operates as an affiliate of the Vietnam National Petroleum Group (Petrolimex). The company organizes its commercial operations across several principal business divisions: Agricultural Commodities, Minerals and Metallurgy, Paints and Chemicals, Petroleum and Gas Trading, and Logistics and Real Estate Services. Its product and service portfolio comprises: agricultural commodity processing and export, including black pepper, white pepper, raw and processed cashew nuts, robusta and arabica coffee beans, natural rubber, star anise, and cinnamon; mineral refining and metallurgy, including antimony ingots, antimony trioxide (Sb2O3), antimony masterbatch, and non-ferrous metal concentrates; industrial coatings and specialty chemicals, including marine protective coatings, heavy-duty industrial paints, architectural finishes, chemical solvents, and polymer additives; trading and distribution of petroleum derivatives, specialty lubricants, and liquefied petroleum gas (LPG); and commercial support services, including bonded warehousing, international freight forwarding, customs brokerage, and commercial office leasing. The company serves food processors, industrial manufacturers, marine operators, and wholesale distributors across domestic and international markets, exporting to North America, the European Union, Japan, South Korea, China, the Middle East, and Southeast Asia. In recent operational developments, Petrolimex International Trading Joint Stock Company has executed a strategic restructuring program aimed at divesting non-core assets, optimizing working capital, and upgrading mineral processing facilities to meet stricter environmental and efficiency standards. The company has also expanded its high-value agricultural supply chains by implementing international food safety and quality certifications across its spice processing networks, while strengthening direct export partnerships with major European and American food ingredient buyers. Additionally, the company has instituted executive and board leadership adjustments to reinforce corporate governance, modernize inventory management systems, and accelerate digital transformation across its logistics and trading operations.