- CEO
- Binh Ngoc Pham
- Full Time Employees
- 44
- Sector
- Consumer durables
- Industry
- Homebuilding
- Address
- Da Nang Vietnam
- IPO Date
- Jun 14, 2017
- Business
- Central Power Real Estate Joint Stock Company (UPCoM: LEC) is a Vietnam-based enterprise engaged in integrated logistics services, energy commodity trading, and industrial and commercial real estate development. Founded in 2007 and headquartered in Da Nang, Vietnam, the company originally established by major power sector corporations has evolved into a diversified supply chain and infrastructure operator serving domestic and regional industrial clients.
The company operates across three principal business segments: Logistics and Port Services, Energy and Commodity Trading, and Real Estate. In its Logistics and Port Services division, the company provides port terminal handling and stevedoring; bulk cargo handling and bagging; domestic and international ocean freight forwarding; inland trucking and multimodal transport; customs brokerage and cargo inspection; bonded, covered, and open-yard warehousing; and end-to-end supply chain management for bulk materials including coal, clinker, wood pellets, and mineral ores. In its Energy and Commodity Trading division, the company specializes in the import, processing, stockpiling, blending, and distribution of thermal coal, anthracite, and biomass fuels tailored for thermal power stations, cement plants, metallurgical facilities, and industrial manufacturing operations. In its Real Estate division, the company engages in the investment, construction, leasing, and management of industrial warehouse parks, commercial real estate, logistics centers, and urban residential properties across Central Vietnam and major coastal economic zones.
Geographically, Central Power Real Estate Joint Stock Company concentrates its operations in Vietnam, leveraging strategic logistics facilities, warehouse hubs, and handling operations at key maritime gateways including Cai Mep, Phu My, Quy Nhon, Da Nang, Chan May, and Nghi Son, supported by an international sourcing network spanning Southeast Asia and Australia.
In recent developments, the company has completed a major strategic pivot from civil property development toward bulk commodity supply chain management, port logistics, and industrial infrastructure services. Following a corporate restructuring, the company transitioned its equity listing from the Ho Chi Minh Stock Exchange to the UPCoM exchange under the ticker LEC. Over the recent period, the company has expanded strategic procurement partnerships with coal and commodity producers in Indonesia and Australia to secure feedstock for domestic energy and industrial consumers. Furthermore, the company has scaled its maritime terminal handling capacity, modernized port-side bulk cargo equipment, expanded its dedicated warehouse network, and advanced into rooftop solar and clean energy logistics integration.