PTS

Hai Phong Petrolimex Transport and Services Joint Stock Company (PTS), was established in 2000 on the basis of the equitization of Hong Ha Ship Repair Enterprise - a unit under the Waterway Petroleum Transport Company - with an initial charter capital of VND 8.1 billion. The current charter capital is 55.68 billion VND. The company's main activities are: Transportation business. Trading petroleum and petrochemical products; Repairing and building new water transport vehicles. Manufacture of mechanical products; Import and export, purchase and sale of materials, equipment and other goods; River transport services. On average, revenue from river transport activities accounts for about 30% to 38%; but brings great profits accounting for about 78% to 88%. The company also established a Hong Ha ship repair factory specializing in repairing and building new river vessels up to 1200 tons. Shipbuilding capacity up to 1,200 tons, specialized sludge suction vessels over 4. 500m3/h. On December 1, 2006, pts officially traded on the Hanoi Stock Exchange (HNX).