Ha Tay Petrolimex Transportation and Service Joint Stock Co
UUPCOM:PTH12,000.00
VND
+2,000.00
(+20.00%)
Ha Tay Petrolimex Transportation and Service Joint Stock Co
UPCOM:PTH
(Unlisted Public Company Market)
Recent
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12,000.00
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ROIC.AI
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- Business
- Ha Tay Petrolimex Transportation and Service Joint Stock Company (UPCOM: PTH) is a Vietnam-based petroleum logistics and trading enterprise operating within the Vietnam National Petroleum Group (Petrolimex) ecosystem. Founded in 2000 following the equitization of the Transport and Service Enterprise under Ha Son Binh Petroleum Company, the company is headquartered in Ha Dong District, Hanoi, Vietnam. The company operates across multiple core business segments, including petroleum transportation, wholesale and retail fuel distribution, technical support, and auxiliary commercial services. Its core products and services encompass road transportation of liquid petroleum products and industrial fuels utilizing a specialized fleet of tank trucks; wholesale and retail marketing of petroleum fuels, including RON 95 gasoline, E5 RON 92 bio-gasoline, and diesel oil (DO); distribution of specialized lubricants, greases, petrochemical derivatives, and liquefied petroleum gas (LPG); maintenance, technical inspection, and repair services for commercial transport vehicles and tank trailers; engineering, construction, and mechanical installation of petroleum stations, fuel pipelines, and storage facilities; leasing of fuel depots, commercial warehouses, and retail station premises; and agency brokerage for PJICO non-life property and vehicle insurance. The company primarily serves industrial manufacturers, transport operators, regional commercial entities, and retail motorists across Northern Vietnam, with extensive logistics and distribution coverage centered in Hanoi and extending through the provinces of Hoa Binh and Son La. In recent developments, the company has advanced its operational modernization through significant digital transformation and infrastructure enhancement initiatives. In compliance with national tax and petroleum retail regulations, the company has deployed real-time electronic invoicing systems linked directly to fuel dispensers across its entire retail station network, alongside automated cashless point-of-sale (POS) and contactless payment solutions. Furthermore, the company has continued the renewal and optimization of its heavy-duty tanker fleet by upgrading transport capacities, retiring depreciated vehicles, and integrating telematics and GPS-based fleet monitoring systems to enhance safety, improve fuel transit tracking, and drive cost efficiencies across its regional supply chain.