'Big guys' in petroleum, gold, silver and gemstones put their business plans behind

For example, the Vietnam National Petroleum Group (Petrolimex - stock code PLX) has just announced documents for the 2025 Annual General Meeting of Shareholders. Accordingly, Petrolimex sets a target of total consolidated revenue for the whole year of 2025 of VND 248,000 billion, consolidated pre-tax profit of VND 3,200 billion, down 13% and 19% respectively compared to the results achieved in 2024. This year, Petrolimex said it will focus on negotiating effective contracts with domestic refineries, while studying to expand partnerships with suppliers, managing inventories appropriately according to market developments, and ensuring sufficient supply to meet the needs of the economy.

Oil giant Petrolimex pushes back its 2025 business plan

PHOTO: NG.NGA

Similarly, Nam Kim Steel Joint Stock Company (stock code NKG) also announced its 2025 business plan with a target of slightly increasing output to 1.05 million tons with revenue of VND 23,000 billion, 11% higher than in 2024. However, the pre-tax profit target decreased by 21%, down to VND 440 billion. The management board said it will develop a reasonable inventory management policy and effectively control price fluctuation risks, reduce operating costs and enhance competitive position, develop high-end galvanized steel products...

Quite surprisingly, Phu Nhuan Jewelry Joint Stock Company (stock code PNJ) also set a revenue target of nearly VND 31,607 billion, down 17.3% compared to last year's results. The target profit after tax reached nearly VND 1,960 billion, down 7.3% compared to the record level of 2024. This year, PNJ plans to issue shares under the employee stock option program (ESOP) at a rate of 0.96% of the total outstanding shares, equivalent to 3.24 million shares, preferential price of VND 20,000/share...

Another enterprise, the Petroleum Drilling and Well Services Joint Stock Corporation (stock code PVD), has just announced documents for the 2025 Annual General Meeting of Shareholders. Accordingly, PVD sets a target of total consolidated revenue of VND 7,200 billion and consolidated profit after tax of VND 530 billion, a decrease of 25% in revenue and 24% in profit compared to 2024. This year, PVD's board of directors believes that the company will face many new challenges as well as welcome new opportunities. It is forecasted that prolonged political conflicts and unpredictable developments will affect the transportation of goods, causing prices of raw materials and input costs to increase, affecting production and business activities...

Or Vietnam Sun Joint Stock Company (Vinasun, stock code VNS) has just announced documents for the 2025 Annual General Meeting of Shareholders. Accordingly, the company proposed a business plan with total revenue of nearly VND 1,000 billion and total profit after tax of more than VND 53.63 billion, down 7% and 36% respectively compared to 2024...

Source: https://thanhnien.vn/ong-lon-xang-dau-vang-bac-da-quy-dua-ke-hoach-kinh-doanh-di-thut-lui-185250414095231305.htm