Petroleum Trading Joint Stock Co
UUPCOM:PTV4,500.00
VND
0.00
(0.00%)
ISIN
VN000000PTV8
Return %
Stock
S&P 500
1Y
21.62
14.20
3Y
-4.26
81.12
5Y
-36.62
68.34
Capital Structure
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- Ho Chi Minh City Vietnam
- IPO Date
- Nov 5, 2019
- Website
- petechim.com.vn
- Similar Companies
- Business
- Petroleum Trading Joint Stock Company (UPCoM: PTV), commercially known as Petechim JSC, is a Vietnam-based company primarily engaged in the trading and distribution of specialized oil and gas equipment, petroleum products, and industrial chemicals, as well as the provision of port terminal, warehousing, and technical logistics services. The company organizes its operations into four primary business segments: Equipment and Material Supply, Petroleum and Chemical Trading, Port and Terminal Logistics, and Technical and Enterprise Services. Its comprehensive portfolio of products and services comprises upstream and downstream petroleum machinery, drilling tools, industrial valves, high-pressure piping systems, measurement apparatus, and electrical instrumentation; industrial chemicals, specialty solvents, commercial lubricants, and refined fuels; warehousing, bonded storage, loading and offloading, and marine terminal services facilitated via the Petechim Nha Be Oil Terminal, featuring an aggregate storage capacity of 200,000 cubic meters and a deep-water berth capable of receiving vessels up to 25,000 deadweight tonnage; and technical engineering support, industrial equipment maintenance, project consultancy, and specialized enterprise software solutions for energy sector clients. Petroleum Trading Joint Stock Company caters primarily to national oil and gas conglomerates, offshore exploration and production joint ventures, maritime transport operators, and industrial enterprises across Vietnam. In recent developments, the company has undertaken strategic cost-optimization measures and refined its commercial risk-management frameworks to restore sustained operational profitability across its trading and logistics divisions, while modernizing safety protocols and terminal infrastructure at its Nha Be facility to capture growing regional storage demand. In addition, the company continues to service major domestic exploration and development contracts, including equipment supply partnerships supporting Vietsovpetro field operations, while reinforcing strategic collaboration with its major shareholder PetroVietnam Oil Corporation (PV OIL) and advancing corporate governance reforms approved in recent shareholder assemblies. Originally established in 1981 under the Ministry of Foreign Trade and restructured as a joint stock entity in 2008, Petroleum Trading Joint Stock Company is headquartered in Ho Chi Minh City, Vietnam.