Minh Tam
By Minh Tam – The Saigon Times Daily
HCMC – Liquefied petroleum gas (LPG) trading companies continued to achieve good business in the second quarter, further consolidating their six-month performance.
According to a just-released financial report of CNG Vietnam Joint Stock Company, the firm obtained nearly VND250 billion in sales in the second quarter, growing 21% over the same period in 2012. It enjoyed more than VND37.6 billion in after-tax profit, shrinking about VND800 million over the year-ago period.
CNG attained total sales of roughly VND448 billion in the first six months of the year, jumping 25% year-on-year and meeting 50.5% of the year’s plan. CNG posted more than VND66.1 billion in after-tax profit, a slight pickup compared to the same period in 2012.
Meanwhile, other listed gas suppliers like PetroVietnam Gas Corporation (GAS), PetroVietnam Southern Gas Joint Stock Company (PGS) and PetroVietnam Northern Gas Joint Stock Company (PVG) have yet to release their financial reports for the second quarter. However, they are all expected to fare well in the period.
Nguyen Si Thang, chairman of PetroVietnam Southern Gas Joint Stock Company, told the Daily the six-month sales and profit of his company both beat the targets set for 2013 but he declined to elaborate on the specific figures.
Thang ascribed the good performance to the recovery of local consumption, with sale volume marking a quarter-on-quarter increase in the second quarter.
Đăng ký: VietNam News
