Vietnam Oil and Gas Group (Petrovietnam - stock code PVN) has just announced that most of the group's production targets for the first 8 months of 2023 exceeded the assigned plan by 3 - 29%. In particular, weak targets include: electricity output, urea, gasoline, LPG, polypropylene... increased compared to the same period last year. Specifically, the group's total revenue is estimated at VND 575,800 billion, reaching 85% of the annual plan; state budget payment has reached the target 5 months ahead of schedule, and the implementation in 8 months is estimated at VND 90,500 billion, exceeding the annual plan by 16% (the annual plan is VND 78,300 billion). Consolidated pre-tax profit is estimated to exceed the annual plan by 8%.
Petrovietnam announced that it has exceeded its annual profit plan after only 8 months.
In 2023, Petrovietnam plans to achieve total revenue of the group (excluding Nghi Son plant) of VND 677,700 billion. Consolidated profit is expected to be VND 34,000 billion. According to the announcement of PROFIT500 ranking - Top 500 most profitable enterprises in Vietnam in 2023 by Vietnam Report - Petrovietnam continues to record the leading position.
Or at the conference of the Government Standing Committee working with state-owned enterprises on the morning of September 14, the leader of the Ministry of Planning and Investment informed that the Vietnam National Petroleum Group (Petrolimex - stock code PLX) in the first 8 months of 2023 is estimated to achieve revenue of 169,000 billion VND, equivalent to nearly 89% of the yearly plan and down 16% compared to the same period last year.
Recently, Petrolimex announced that September 22 is the last registration date to receive 2022 cash dividends at a rate of 7% (1 share receives 700 VND). The expected payment date is October 10. With more than 1.3 billion shares in circulation, Petrolimex will spend 910 billion VND to pay dividends to shareholders. Of which, the State Capital Management Committee with a 75.87% ownership ratio will receive 690 billion VND.
Or FPT Securities Joint Stock Company has just updated the business results for the first 8 months of 2023 of Binh Son Refining and Petrochemical Joint Stock Company (managing Dung Quat Oil Refinery - stock code BSR) with sales output reaching 4.6 million tons, equivalent to the same period last year and achieving 82% of the 2023 output plan. In the first 8 months, BSR's revenue is estimated at VND 91,600 billion, down 19% over the same period last year and after-tax profit is estimated at VND 4,400 billion, nearly 3 times the profit target for the whole year 2023...
Source: https://thanhnien.vn/cac-ong-lon-petrovietnam-loc-dau-dung-quat-tiep-tuc-bao-loi-nhuan-hang-ngan-ti-dong-185230915145320311.htm
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