Halong
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Hanoi capital in Vietnam

PV Gas targets 1.91t dong profit in 2009

VNBusinessNews – PetroVietnam Gas Corp (PV Gas) recently reported 2008 business results with 23.49 trillion dong in revenue, equalling 125% of 2008′s plan and over 2.698 trillion dong in after tax profit, accounting for 131% of that year’s target.

Also in 2008, PV Gas provided 474,000 tonnes of Liquid Petroleum Gas (LPG) to the market, equalling 139% of the year’s plan, increasing 53% from 2007 and accounting for 50% of the country’s market share and 72,000 tonnes of condensate, equalling to 120% of 2008′s plan.

For the year 2009, the company targets to bring 21.793 trillion dong in total revenue and 1.91 trillion dong in after tax profit.

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