NSH Petro suffers second successive quarterly loss as Q1 revenue plunges 88%

NSH Petro suffers second successive quarterly loss as Q1 revenue plunges 88%

Nam Song Hau Trading Investing Petroleum JSC, or NSH Petro - a major fuel supplier in Vietnam’s Mekong Delta region, incurred a net loss of VND24 billion ($942,730) in Q1 this year, a stark contrast to the VND199 billion profit recorded in the same period of 2023.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Fuel supplier NSH Petro to borrow $720 mln from Australian fund

Fuel supplier NSH Petro to borrow $720 mln from Australian fund

NSH Petro, a major fuel supplier in Vietnam’s Mekong Delta region, signed an agreement with Australia’s Acuity Funding on Tuesday under which the former will borrow $720 million from the latter.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Major Mekong Delta fuel supplier about to open storage facility

Major Mekong Delta fuel supplier about to open storage facility

NSH Petro JSC, a major fuel supplier based in Vietnam’s Mekong Delta, is set to inaugurate the first phase of its Soai Rap-Hiep Phuoc fuel storage depot in Tien Giang province on April 30.

Investing - Mon, Dec 22, 2021 | 11:30 am GMT+7

Work begins on new petrol port in Mekong Delta province

Work begins on new petrol port in Mekong Delta province

The NSH Petro JSC is building a VND350 billion ($15 million) petroleum storage and port project in the Mekong Delta province of Tra Vinh.

Energy - Mon, Dec 22, 2021 | 11:30 am GMT+7