Petroleum Logistic Service & Investment JSC
UUPCOM:PLA5,000.00
VND
0.00
(0.00%)
ISIN
VN000000PLA9
Return %
Stock
S&P 500
1Y
19.05
14.20
3Y
-28.57
81.12
5Y
-15.25
68.34
Capital Structure
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- Sector
- Finance
- Industry
- Real estate development
- Address
- Ha Noi Vietnam
- Website
- pland.com.vn
- Similar Companies
- Business
- Petroleum Logistic Service & Investment JSC (UPCoM: PLA) is a Vietnam-based company primarily engaged in petroleum infrastructure leasing, commercial real estate management, petroleum trading, and civil and industrial construction services. Founded in 2005 as Petrolimex Real Estate Joint Stock Company and headquartered in Hanoi, Vietnam, the company operates across several integrated business segments serving corporate, commercial, and industrial clients throughout Vietnam. The company organizes its core business into distinct product and service divisions: Petroleum Infrastructure and Logistics Services, which encompass the leasing, management, and technical operation of petrol stations, petroleum storage depots, oil terminal facilities, and distribution infrastructure; Real Estate Development and Property Management, providing leasing and operational administration of commercial office buildings, retail space, residential properties, trade centers, and hospitality facilities; Petroleum and Petrochemical Distribution, which acts as a sales agent and commercial distributor of refined petroleum products, motor fuels, industrial lubricants, and specialty petrochemicals; and Construction and Technical Consultancy, offering design consulting, engineering supervision, equipment installation, and turnkey construction contracting for retail petrol stations, oil storage systems, and civil infrastructure. In recent developments, the company has undergone substantial corporate restructuring and ownership realignment following the divestment of major equity stakes by its foundational parent affiliate, Petrolimex Construction and Commercial Corporation (PGCC). Concurrently, the company has restructured its board of directors and executive management, while strategically refocusing its business model on optimizing the yield of high-occupancy commercial leasing assets, streamlining operational overhead, and enhancing efficiency across its downstream petroleum logistics network.