In 2024, PV GAS TRADING will set many business records, reaching new heights.

Gas Products Trading Company (PV GAS TRADING) in 2024 continues to make a strong breakthrough, making its mark with comprehensive business growth results and records.

In 2024, the Gas Products Trading Company (PV GAS TRADING) continued to make a strong breakthrough, making its mark with comprehensive business growth results and breakthrough records in the context of the global energy market undergoing many complex fluctuations; this shows that PV GAS TRADING has not only affirmed its record growth but also established a solid position in the domestic and international markets.

Volatile energy market and PV GAS TRADING's adaptive strategy

Global geopolitical volatility and energy transitions have created ripples that have affected gas demand and prices around the world. Energy prices, from oil to natural gas, have been volatile due to tensions in the Middle East and uncertain demand from major economies. Although the global economy has shown signs of recovery, negative factors such as inflation and slow growth continue to create significant pressure.

Gas Market Development and Business Conference

In that situation, PV GAS TRADING remains steadfast in its growth target, focusing on management and business operations in a direction that adapts quickly to the changing environment. The company has quickly implemented synchronous solutions on arranging diverse supply sources, flexible sales policies, optimal inventory management, and reasonable goods dispatch in each business cycle. In addition, PV GAS TRADING has strengthened its old driving force, focused on consolidating wholesale channels to develop domestic and export output, seized every opportunity to promote international business expansion with diverse partners, sources of goods, markets, and at the same time "added new driving force" when, on behalf of PV GAS, it deployed LNG product trading according to the integrated energy business model.

Setting new business records

With a clear strategic vision and steadfast growth goals, PV GAS TRADING is focusing all its efforts on setting new business records in 2024.

PV GAS TRADING's total business output in 2024 is expected to reach a historic milestone of over 3.1 million tons for the first time, recording a record growth of 26% over the same period in 2023. This is also the second consecutive year that the Company has maintained a growth rate of over 20%, achieving an overall growth rate of 52% in the two years 2023-2024 - a figure that demonstrates the breakthrough development and constant determination of the PV GAS TRADING team.

PV GAS TRADING's revenue in 2024 is expected to reach a record of VND54 trillion, an increase of VND17 trillion compared to 2023, equivalent to a growth rate of 44%. In particular, revenue from foreign markets also recorded a new milestone, surpassing VND23 trillion, double that of the same period last year.

These achievements are not only the result of the continuous efforts of the entire PV GAS TRADING team, but also a testament to the steadfast spirit and determination to conquer all challenges. With a solid foundation and aspiration to reach further, the Company confidently enters 2025 with many new opportunities, ready to face greater challenges to continue affirming its leading position in the field of gas products trading in Vietnam. The successes and positive results in recent years are clear evidence of PV GAS TRADING's adaptability, competitiveness and innovation as well as its strong determination to develop on the journey to reach international standards.

Source: https://congthuong.vn/nam-2024-pv-gas-trading-thiet-lap-nhieu-ky-luc-kinh-doanh-vuon-tam-cao-moi-359123.html