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Thuan Hai Energy Corporation (Cong Ty Co Phan Thuan Hai Energy) (Vietnam)

Main Activities: Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)
Secondary Activities: Power Boiler and Heat Exchanger Manufacturing | Motor and Generator Manufacturing | All Other Miscellaneous Manufacturing | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
Full name: Thuan Hai Energy Corporation Profile Updated: December 02, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Thuan Hai Energy Corporation is a Vietnam-based integrated industrial energy and fuel solutions group headquartered in Ho Chi Minh City. The corporation operates a closed-loop energy ecosystem serving industrial customers, combining multiple business segments including wholesale and supply of solid and biomass fuels, coal trading, and liquid fuel distribution; energy logistics and port-linked handling; boiler and thermal-technology engineering; and investment, operation, and maintenance of steam, heat, and electricity systems for factories and industrial parks. Thuan Hai supplies energy solutions to customers in manufacturing sectors such as textiles, paper, food processing, chemicals, and heavy industry, offering both fuel delivery and turnkey onsite energy services to optimize industrial operating costs. Geographic reach is nationwide, with fuel sourcing and delivery networks spanning major industrial corridors across Vietnam. Key assets include a multi-subsidiary energy platform, proprietary boiler and thermal engineering capability, logistics systems supporting bulk fuel movement, and long-term industrial customer contracts. Strategic focus is on expanding renewable and lower-emission biomass fuel adoption, strengthening integrated fuel–logistics–energy-service offerings, investing in efficient industrial energy infrastructure, and positioning as a leading non-utility energy partner for Vietnam's export manufacturing base.

Headquarters
M Floor, Thuan Hai Building, Lot Vb.20A2, Road 24, Tan Thuan Export Processing Zone, Tan Thuan Dong Ward
Ho Chi Minh municipality; South Eastern Vietnam; Postal Code: 70000-74000

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Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
April 15, 2021
Key Executives
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General Director
Ownership Details
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99%
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0.5%
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0.5%
Subsidiaries
Thuan Hai Commodities Corporation
Thuan Hai Energy Bien Hoa Company Limited
Company Performance
Financial values in the chart are available after Thuan Hai Energy Corporation (Cong Ty Co Phan Thuan Hai Energy) 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
-5.71%
Total operating revenue
-5.71%
Operating Profit/Loss (EBIT)
-30.89%
Net Profit/Loss for the Period
-22.79%
Total Assets
6.65%
Total Equity
35.6%
Operating Profit Margin (ROS)
-1.24%
Net Profit Margin
-0.69%
Return on Equity (ROE)
-11.47%
Debt/Equity
-32.36%
Quick Ratio
0.1%
Cash Ratio
-0.04%

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