Accordingly, in the third quarter of 2025, PV GAS recorded revenue of nearly VND 35,711 billion, an increase of 41% compared to the same period in 2024; pre-tax profit of VND 3,209 billion and after- tax profit of VND 2,613 billion, both equivalent to the same period.
For the first nine months of 2025, PV GAS achieved total revenue of nearly VND 91,490 billion, a 16% increase compared to the same period last year; pre-tax profit of VND 12,599 billion, a 19% increase compared to the same period last year; and after- tax profit of nearly VND 10,184 billion, a 19% increase compared to the same period in 2024. All financial indicators have far exceeded PV GAS's 2025 plan as set by the Annual General Meeting of Shareholders.
PV GAS's total assets as of September 30, 2025 reached VND 93,865 billion, an increase of approximately 15% compared to the beginning of the year. This positive result affirms the outstanding performance of PV GAS, especially when achieved against the backdrop of high growth in 2024 and in the context of unfavorable market conditions (crude oil prices and gas supply for electricity both fell sharply). This shows that PV GAS is successfully shifting to reduce its dependence on traditional growth drivers.
PV GAS's business results for the first nine months of 2025 showed impressive growth, creating a solid foundation for 2026 and the subsequent development phase. Photo: PV GAS.
Building on its strong growth trajectory, PV GAS plans to achieve a 10% revenue increase in 2026 compared to 2025, with many targets expected to see significant breakthroughs. This growth will be driven by international business activities, the development of new products and services, and comprehensive digital transformation.
Besides maintaining its leading role in Vietnam's gas value chain, PV GAS is proactively expanding into green energy, clean energy, and smart technology. PV GAS announced that it plans to begin trial production of green hydrogen (green H2) at the Dinh Co Gas Processing Plant (GPP Dinh Co) from Q1/2026, marking a significant step in realizing its "Green Energy Journey" goal.
In the field of digital transformation and automation, PV GAS is implementing Phase 1 of the Smart Plant Project at the Ca Mau Gas Processing Plant (GPP Ca Mau), while also preparing to expand the smart management model to the Thi Vai port and storage complex, aiming for international standards in management, operation, and logistics. Simultaneously, the newly established PV GAS Logistics company will contribute to completing a specialized logistics service chain for the gas industry, making a positive contribution to the Corporation's revenue and profits in 2026.
PV GAS is successfully shifting to reduce its dependence on traditional growth drivers. Photo: PV GAS.
PV GAS has identified the period 2026-2030 as a pivotal phase in infrastructure investment, ensuring growth for the next phase with an estimated total investment value of approximately US$3.5 billion. In addition, PV GAS strives to maintain an average revenue growth rate of 8-10% per year, aiming to capture 100% of the domestic natural gas market share, 65-75% of the nationwide LPG and LNG market share, while also participating extensively in international business and service markets, and aiming to be among the Top 50 leading enterprises in the Fortune Southeast Asia 500 ranking by 2030.
PV GAS has also identified four main growth drivers for the coming period: Developing a synchronized gas energy value chain from upstream, midstream, to downstream; Prioritizing investment in LNG-Hubs in areas connected to existing gas industrial infrastructure, contributing significantly to the formation of national ecological energy industrial centers of Petrovietnam ; Developing the gas market, diversifying consumption markets, using international business as a driving force, with the goal of international business accounting for 30-35% of total revenue; Pioneering in the development of new energy and green energy, with the goal of new products and services reaching 25% of revenue structure by 2030.
The consolidated financial report for the third quarter of 2025, with its impressive business growth, is clear evidence of the management capabilities, innovative thinking, and internal strength of the leadership and employees of PV GAS – individuals who are constantly striving, daring to conquer, and ready to break through to contribute to the sustainable development of Vietnam's energy industry.
Source: https://nongnghiepmoitruong.vn/pv-gas-tang-truong-an-tuong-tao-da-vung-chac-cho-nam-2026-d783385.html
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