PVN over-performs business and production in first 8 months

Thứ Sáu, 27/12/2019, 16:53

Although the average crude oil price in August plummeted, the Vietnam Oil and Gas Group (PVN) over-fulfill its objectives of business and production for the first eight months of 2019.

Specifically, the Group’s earnings in August were estimated at VND 55.4 trillion, up by 15% from the month’s planned target, bringing its total earnings in the first eight months to 489.5 trillion, up by 19% against the eight months’ planned target and 80% of the year’s plan.

The group paid 7.83 trillion VND of tax in August, 3% higher than the month’s plan.

Notably, the Petrovietnam Ca Mau Fertilizer Company Limited (PVCFC), a PVN’s subsidiary, has exported 47,500 tons of fertilizer to India. 

By Duy Tien