PTSC sets consolidated revenue target of 13.2 trillion VND

PTSC is a member of the Vietnam National Oil and Gas Group and has become a leading general contractor in the field of providing services: EPCI for offshore works; EPC for industrial works; floating storage, processing and export of crude oil; oil and gas service vessels; seismic, geological and underground construction surveys; installation, operation, repair and maintenance of offshore works; service ports, logistics bases; technical human resource supply services and service chains for renewable energy projects...

With a closed service chain in the oil and gas - energy sector, over the past 30 years, PTSC has implemented thousands of large and small projects, highly appreciated by customers. The total asset size according to the Financial Report for the third quarter of 2023 is more than 27,000 billion VND. In 2022, PTSC achieved revenue of more than 17,081 billion VND, pre-tax profit reached 1,174 billion VND. In the first 9 months of 2023, PTSC's consolidated revenue is estimated at 11,900 billion VND, pre-tax consolidated profit is estimated at 725 billion VND. With this figure, PTSC is expected to reach the finish line ahead of schedule because according to the 2023 plan, PTSC set a consolidated revenue target of 13.2 trillion VND. During the development process, there was a time when PTSC's revenue reached 1 billion USD, contributing to increasing the proportion of service revenue to 28 - 30% of the total revenue of the entire Vietnamese oil and gas industry.

Over the years, PTSC has continuously received emulation titles from the Vietnam National Oil and Gas Group and the Ministry of Industry and Trade . In particular, PTSC has been honored by the State with the noble title of Hero of Labor in the Renovation Period, the Second Class Independence Medal, the Third Class Independence Medal, the First, Second, and Third Class Labor Medals, along with many medals, flags, and emulation certificates of commendation from ministries and branches for many outstanding collectives and individuals.

On the occasion of the 30th anniversary of its establishment, Mr. Le Manh Cuong, General Director of PTSC, emphasized: "PTSC is committed to maintaining the PTSC spirit - complete solutions, complete trust, always taking the lead in finding new solutions to increase the benefits and trust of shareholders, customers, partners and employees, contributing to joining hands with the Vietnam Oil and Gas Group to realize the Net Zero goal by 2050 in accordance with the Government's commitment, contributing more to the development of the country's economy ".

Source link