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Vico International Holdings (HKSE:01621) Accounts Payable & Accrued Expense for Financial Companies


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Vico International Holdings (HKSE:01621) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vico International Holdings Ltd (HKSE:01621) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
Traded in Other Exchanges
N/A
Address
No. 10 Cheung Yue Street, Unit D, 11th Floor, Billion Plaza II, Cheung Sha Wan, Hong Kong, HKG
Vico International Holdings Ltd is engaged in the business of distribution of petrochemicals products. The company's portfolio of products comprises Diesel, Self-branded and third-party branded lubricant oil, and other petrochemicals such as Bitumen. It markets its products mainly to the downstream suppliers of petrochemicals, as well as commercial end users principally in the construction, civil engineering and transportation sectors. The operating segments of the group are Sales of diesel; Provision of fleet card service; Sales of lubricant oil and Sales of others. It derives a major portion of revenue from the Sales of the diesel segment. Geographically, the group has a business presence in Hong Kong; Macau, Vietnam and other countries, of which key revenue is generated from Hong Kong.