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MT Gas Joint Stock Company (Long An) (Vietnam)

Main Activities: Natural Gas Distribution | Petroleum and Petroleum Products Merchant Wholesalers
Secondary Activities: Warehousing and Storage
Full name: MT Gas Joint Stock Company 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

MTGas is a company located in Long An, Vietnam. It was established in 2001 by 7 members from different fields and started operating under license number 5003000179 from the Long An Department of Planning and Investment. MTGas is primarily engaged in the business of liquefied petroleum gas (LPG) and related services. By the end of 2001, the company had established a storage facility for liquefied gas and a port system capable of receiving 5000 DWT vessels in Ben Luc, Long An province. In 2007, MTGas was converted into a joint-stock company with a registered capital of 50 billion VND. It is now a leading LPG distributor in Vietnam, mainly serving customers in the southern region. The company transports LPG to industrial customers using tank trucks and supplies it in cylinders for household and commercial use. The current storage capacity of the port facility is over 1,320 tons. MTGas has also expanded its business into real estate and industrial park investment projects. It has collaborated with Thai Son Construction Company to build an office building for lease in Tan Binh, Ho Chi Minh City. Additionally, MTGas participated in the construction of the Phuoc Dong Industrial Park, covering an area of 143 hectares in Long An. To further develop its position as a leading gas business company, MTGas collaborated with Marubeni Corporation (Japan) and PV Gas South to participate in the largest LPG and LNG storage project in Vietnam, with a capacity of 40,000 tons of LPG and 1,000,000 tons of LNG. MTGas is also involved in other projects, such as a petroleum storage facility with a capacity of 1.5 million liters in collaboration with PDC. The company is also undertaking the development of a 180-hectare industrial park and a resettlement urban area in Long An. In summary, MTGas is a company based in Long An, Vietnam, specializing in the distribution of LPG and related services. It has established a storage facility and port system for liquefied gas and has expanded its business into real estate and industrial park investments.

Headquarters
Block I, Thuan Dao, Ben Luc Town, Ben Luc District
Long An; Mekong River Delta; Postal Code: 85

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

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
December 31, 2008
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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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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67.56%
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5%
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
-8.39%
Total operating revenue
-8.39%
Operating profit (EBIT)
3393.9%
EBITDA
-76.95%
Net Profit (Loss) for the Period
2689.61%
Total assets
68.87%
Total equity
85.44%
Operating Profit Margin (ROS)
22.92%
Net Profit Margin
18.22%
Return on Equity (ROE)
43.01%
Quick Ratio
1.04%
Cash Ratio
0.02%

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