Thanh Hoa Petroleum Construction JSC
UUPCOM:PVH600.00
VND
0.00
(0.00%)
ISIN
VN000000PVH3
Return %
Stock
S&P 500
1Y
0.00
14.20
3Y
-33.33
81.12
5Y
-62.50
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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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
- Industrial services
- Industry
- Engineering & construction
- Address
- Thanh Hoa Vietnam
- Website
- pvc-th.vn
- Similar Companies
- Business
- Thanh Hoa Petroleum Construction Joint Stock Company (Petrocons-TH) is a Vietnam-based construction engineering, materials production, and property management enterprise primarily engaged in infrastructure development and industrial contracting for the petroleum, energy, and commercial sectors. Established in 2006 as Thinh Phat Joint Stock Company and operating as an affiliate of PetroVietnam Construction Joint Stock Corporation (PetroCons) within the broader Petrovietnam network, the company is headquartered in Thanh Hoa City, Vietnam, and conducts its primary operations across Thanh Hoa Province and the North Central region. The company provides engineering, manufacturing, and commercial services across four main operational divisions: Construction and Installation; Building Materials and Mining; Property Leasing and Management; and Industrial Support Services. Its portfolio of products and services includes: engineering, procurement, and construction (EPC) contracting for oil and gas installations, refineries, and industrial manufacturing plants; infrastructure civil works, including industrial park utilities, internal transport grids, drainage networks, and electrical substations; commercial and residential building construction; extraction, quarrying, and processing of construction aggregates and raw materials, including basalt stone, limestone, construction sand, bricks, roofing materials, and cement clinker; exploration and mining operations for non-metallic and mineral resources including gypsum, iron ore, and bauxite; commercial office leasing and facility management services for the 38A Le Loi Petroleum Building complex; and auxiliary industrial services comprising mechanical fabrication, heavy machinery repair, electrical systems installation, and timber processing. In recent developments, Thanh Hoa Petroleum Construction Joint Stock Company has been implementing an extensive operational and organizational restructuring framework aligned with the corporate rehabilitation agenda of its parent entity, PetroCons. The company has prioritized debt recovery, contract finalization, and the resolution of protracted account settlements on legacy infrastructure contracts, notably those associated with support packages at the Nghi Son Refinery and Petrochemical complex, including logistics and storage zones, alongside recording full provisioning for non-performing legacy investments such as the Lam Kinh Hotel project. Amid constrained construction contracting volumes and prolonged financial headwinds, the company has strategically shifted its operational focus toward maximizing stable recurring revenues from commercial office leasing and asset management at its central headquarters, while addressing compliance and disclosure requirements following regulatory trading restrictions applied to its shares on the UPCoM market.