Petrolimex Equipment JSC

Petrolimex Equipment JSC

UUPCOM:PEQ
47,500.00
VND
+6,300.00
(+15.29%)
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

Sector
Distribution services
Industry
Wholesale distributors
Address
Ha Noi Vietnam
IPO Date
Jan 18, 2016
Business
Petrolimex Equipment Joint Stock Company (UPCoM: PEQ), commercially known as PECO, is a Vietnam-based engineering and industrial enterprise primarily engaged in the manufacturing, assembling, trading, installing, and servicing of specialized petroleum equipment, automated management solutions, and infrastructure for fuel retail networks and petroleum storage depots. Founded in 1968 and operating as a core member of the Vietnam National Petroleum Group (Petrolimex), the company is headquartered in Hanoi, Vietnam, and maintains manufacturing plants, assembly facilities, and technical support operations throughout Vietnam. The company operates across multiple specialized business segments, offering a comprehensive portfolio of products and services that includes: fuel dispensing and fluid measurement systems, comprising the assembly and distribution of high-precision electronic fuel dispensers through long-term technology transfer and exclusive distribution partnerships with Japan-based Tatsuno Corporation (notably the Tatsuno Sunny-XE series), proprietary PECO-branded fuel dispensers, flowmeters, dispensing nozzles, and precision metering spare parts; petroleum storage, piping, and containment infrastructure, including underground and aboveground steel storage tanks, fuel-resistant industrial piping, high-pressure valves, and fluid transfer pipeline fittings; service station automation and digital management technologies, consisting of automated tank gauging (ATG) systems, central dispenser electronic controllers, point-of-sale (POS) integration units, and specialized fuel inventory management software; petroleum laboratory and testing instruments, featuring viscometers, octane and cetane rating analyzers, and quality inspection tools; environmental, safety, and retail station identity systems, comprising Fuji Clean wastewater treatment solutions, fire protection equipment, energy-efficient LED canopy lighting, and corporate brand signage fabrication; and specialized technical engineering services, spanning turnkey design, engineering, procurement, and construction (EPC) for petrol stations and storage depots, fuel tank cleaning, calibration, barem strapping table generation, and nationwide equipment maintenance and repair services. In recent strategic developments, Petrolimex Equipment Joint Stock Company has actively developed and rolled out certified automated data transmission hardware and software solutions that integrate fuel dispensers directly with electronic invoice (e-invoice) systems, enabling automatic, real-time invoice generation after every retail transaction to comply with national regulatory standards. Additionally, the company has accelerated the digital modernization of domestic fuel stations by deploying advanced automated tank monitoring, integrated cashless payment interfaces, and expanded localized assembly of next-generation Tatsuno dispensing systems to support the evolving network requirements of Petrolimex and independent petroleum distributors.