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Cong Ty Co Phan Dau Tu Va San Xuat Petro Mien Trung (Vietnam)

Main Activities: Petroleum Bulk Stations and Terminals
Full name: Cong Ty Co Phan Dau Tu Va San Xuat Petro Mien Trung Profile Updated: January 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Cong Ty Co Phan Dau Tu Va San Xuat Petro Mien Trung, located in Quang Nam, was established on 09/05/2007 under the Business Registration Certificate No. 4000462724 issued by the Department of Planning and Investment of Quang Nam province. The company's main business is gas products, specifically liquefied petroleum gas (LPG). In its first year of operation, the company consumed nearly 100 tons of LPG and generated approximately VND 500 million in revenue. Petro Mien Trung is operated by a team of enthusiastic and highly specialized members with over 20 years of experience in the gas trading industry. The company focuses on investing in high-quality human resources and applying modern technology to its business production processes. Its corporate culture is built on the principles of solidarity, creativity, and sustainable development. After more than 10 years of operation, Petro Mien Trung has achieved significant progress and is now a prestigious brand in the civil gas market. The company's total assets amount to nearly VND 1,300 billion, including over 1.4 million gas cylinders and three brands of gas: Picnic gas, PMGas, and VGas. It also has three large storage facilities and two wharves in Chu Lai, Dien Ban, and Dong Nai. Additionally, the company has nine storage warehouses and gas filling plants, as well as a gas cylinder manufacturing and painting factory. Petro Mien Trung has a network of general agents and distribution agents throughout the Central provinces, the South, the Mekong Delta, and the Central Highlands region. Its market share accounts for over 90% of the Hue area, over 75% of Da Nang and Quang Nam, over 40% of the Central Highlands, and 25-30% of Dong Nai, Vung Tau, and the surrounding areas of Ho Chi Minh City. In 2016, the company's total consumption reached nearly 90 thousand tons. Petro Mien Trung aims to become one of the leading enterprises in the field of importing, storing, extracting, distributing, and producing gas cylinders. The company's listing on the Ho Chi Minh City Stock Exchange is seen as an important milestone in its development, with the ambition to contribute to stabilizing energy security, increasing surplus value, and contributing to the economic development of the country.

Headquarters
Plot 4 - Dien Nam - Dien Ngoc Industrial Park, Dien Nam Bac Ward, Dien Ban Town
Quang Nam; South Central Coastal Vietnam; Postal Code: 56

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Website: http://www.petrocenter.com.vn

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2007
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Vice Chief Executive Officer
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Vice Chief Executive Officer
Ownership Details
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35%
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15%
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3.03%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency VND. Absolute financial data is included in the purchased report.
Net sales revenue
-10.89%
Total operating revenue
-10.89%
Operating profit (EBIT)
N/A
EBITDA
127.89%
Net Profit (Loss) for the Period
-34.64%
Total assets
5.64%
Total equity
-2.71%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
-0.4%
Return on Equity (ROE)
-0.71%
Debt to Equity Ratio
13.62%
Quick Ratio
0.11%
Cash Ratio
0%

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