PTSC Quảng Ngãi to list on UPCoM

September 26, 2019 - 14:05

The Hà Nội Stock Exchange (HNX) has allowed PTSC Quảng Ngãi Petroleum Services Joint Stock Company to list 30 million shares on the Unlisted Public Company Market (UPCoM) under stock code PQN.

PTSC Quảng Ngãi specialises in four core business including mechanical and construction services; repair and maintenance services; port operation and logistics services; and marine services. — Photo petrovietnam.petrotimes.vn

HÀ NỘI — The Hà Nội Stock Exchange (HNX) has allowed PTSC Quảng Ngãi Petroleum Services Joint Stock Company to list 30 million shares on the Unlisted Public Company Market (UPCoM) under stock code PQN.

PTSC Quảng Ngãi was formerly a branch of PetroVietnam Technical Services Corporation (PTSC Corporation) in Quảng Ngãi City with the initial purpose to supply services for Dung Quất Refinery.

The firm specialises in four core businesses including mechanical and construction services; repair and maintenance services; port operation and logistics services; and marine services.

The company has charter capital of VNĐ300 billion (US$12.9 million), of which, PetroVietnam Technical Services Corporation holds 95.2 per cent.

In the first six months of 2019, the company's net revenue exceeded VNĐ292 billion, up 9 per cent over the same period in 2018. Its after-tax profit reached more than VNĐ6 billion, a year-on-year decrease of 19 per cent. — VNS

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