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Duong Dong Group Joint Stock Company (Vietnam)

Main Activities: Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)
Secondary Activities: Fruit and Tree Nut Farming | Inland Water Freight Transportation | Support Activities for Water Transportation
Full name: Duong Dong Group Joint Stock Company Profile Updated: February 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

As one of 39 petroleum wholesalers in Vietnam, Duong Dong Group Jsc is known as one of the 'big players' in the field of petroleum import and distribution with DDS Petro brand name. Besides, this company also provides petroleum transportation service, shipping agent - tugboat service, construction & installation of pipelines, oil retail store…Some typical customers are O Mon Thermal Power Plant, Vinh Tan Thermal Power Plant, Nghi Son Refinery and Petrochemical... It operates a warehouse system with a total capacity of up to 120,000 m3 in many provinces.In February 2020, the joint venture of Duong Dong Group Jsc and Petromekong won the bidding package to supply FO fuel oil for Song Hau 1 Thermal Power Plant with a winning price of VND 961.6 billion. In 2022, the winner of the bidding "provide transportation service of DO oil transferred to Vinh Tan Thermal Power Plant (phase 2)" with a value of more than VND 1.4 billion. In May 2023, the joint venture of Long Hung Trading And Service Company Limited and Duong Dong Group Jsc won the contract of "Supplying DO fuel for commercial operation of Song Hau 1 Thermal Power Plant in 2023" with a value of above VND 197 billion; contract performance period is 365 days and contract type according to the adjusted unit price.

Headquarters
9th Floor, VNPT Tower, No. 1487, Nguyen Van Linh Street, Tan Phong Ward
Ho Chi Minh municipality; South Eastern Vietnam; Postal Code: 70000-74000

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Website: https://duongdong.com.vn/

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
June 05, 2006
Key Executives
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General Director
Ownership Details
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45%
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24%
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3%
Subsidiaries
Duong Dong - Binh Thuan Company Limited
100%
Duong Dong - Khanh Hoa One Member Company Limited
100%
Duong Dong - Kien Giang Mtv Company Limited
100%
Company Performance
Financial values in the chart are available after Duong Dong Group Joint Stock Company report is purchased.
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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
6.02%
Total operating revenue
6.02%
Operating profit (EBIT)
-56.87%
Net Profit (Loss) for the Period
-70.69%
Total assets
-11.04%
Total equity
4.76%
Operating Profit Margin (ROS)
-0.18%
Net Profit Margin
-0.23%
Return on Equity (ROE)
-4.84%
Debt to Equity Ratio
-9.47%
Quick Ratio
0.13%
Cash Ratio
0.03%

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