PV GAS's revenue in the first 7 months of the year increased by 8%

(Chinhphu.vn) - In the context of facing difficulties and challenges, PV GAS remains steadfast in its management goals, ensuring safe and continuous production and business activities. Consolidated revenue in the first 7 months increased by 8%, pre-tax profit increased by 14% compared to the same period in 2024.

Conference to review the work of the first months of the year and deploy tasks for the last months of 2025 of PV GAS - Photo: VGP/BL

PetroVietnam Gas Corporation (PV GAS) said that in the first 7 months of the year, the Corporation's economic indicators grew impressively. Consolidated revenue for the first 7 months increased by 8%, pre-tax profit increased by 14% compared to the same period in 2024. This is a testament to the determination and commitment of the entire PV GAS in fully identifying challenges, enhancing the sense of responsibility to complete the management goals of 2025, strategic development orientation for the period 2026 - 2030 and vision 2050.

In addition to business activities, PV GAS also focuses on investment and investment preparation activities. In particular, PV GAS is focusing on investing in a series of strategic infrastructure construction projects such as the expansion project, increasing the capacity of Thi Vai LNG storage warehouse to 3 million tons/year, Ethane separation project at Dinh Co, Son My LNG import port warehouse project and Northern/North Central LNG warehouse, Phu My - Ho Chi Minh City pipeline capacity increase project, gas supply project for Long An 1 - 2 power plant, cold LPG storage project in Hai Phong, etc.

LPG/LNG business output increased by 26% over the same period, promptly compensating for the decline in the electricity sector. These are considered necessary steps to create momentum, ensuring long-term development of PV GAS, on the basis of promoting the strengths of investment and financial potential of the Corporation.

Mr. Pham Van Phong, General Director of PV GAS affirmed that the Corporation fully identifies challenges and opportunities, thereby enhancing its sense of responsibility to complete the governance goals for 2025 - Photo: VGP/BL

In the coming period, PV GAS will firmly pursue the goal of sustainable growth, develop the gas market flexibly, effectively and in depth; promote innovation in governance models; synchronously invest in LNG infrastructure, improve international competitiveness; at the same time, focus on developing high-quality human resources and building a modern, professional corporate culture with PV GAS's own identity. This is the foundation for PV GAS to realize its growth aspirations in the new decade.

In the last 5 months of 2025, all leaders and key staff are determined to unite, overcome difficulties, tighten discipline, optimize resources, promote business and financial management, and seize every opportunity to complete the management plan assigned by Petrovietnam .

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Source: https://baochinhphu.vn/doanh-thu-7-thang-dau-nam-cua-pv-gas-tang-8-102250730150742828.htm