Fuel retail giant Petrolimex’s net profit nearly doubles in 2023
Fuel retail giant Petrolimex reported a consolidated net profit of VND2.8 trillion ($114.64 million) in 2023, up 94% year-on-year.
Companies - Sun, February 11, 2024 | 10:54 am
PGBank chairman quits after three months in the position
Nguyen Phi Hung has resigned from the positions of board chairman and member of PGBank for personal reasons, three months after being appointed.
Banking - Tue, October 3, 2023 | 10:24 pm
Vietnam oil and gas firms post mixed Q2 results
Contrasting Q2 results have been recorded across upstream, midstream and downstream firms in the Vietnamese oil and gas industry.
Companies - Thu, August 10, 2023 | 9:02 am
Major Vietnam gasoline retailers post contrasting Q2 results
Two major Vietnamese gasoline retailers posted vastly contrasting Q2 results with one making profit after suffering a loss last year and the other seeing its profit drop drastically.
Companies - Sun, August 6, 2023 | 2:41 pm
Retail giant Petrolimex targets 42% hike in 2023 pre-tax profit
Vietnam's biggest gasoline retailer Petrolimex has set a pre-tax profit target of VND3.23 trillion ($137.14 million) in 2023, a year-on-year increase of 42%.
Companies - Wed, June 28, 2023 | 11:37 pm
Petrolimex Gas appoints new chairman
Petrolimex Gas Corporation - JSC, a subsidiary of Vietnam's biggest gasoline retailer Petrolimex, has appointed Nguyen Quang Dinh as chairman for the term 2022-2027.
Companies - Sat, May 20, 2023 | 10:10 am
PG Bank appoints new chairman
Petrolimex Commercial Joint Stock Bank (PG Bank) has elected Oliver Schwatzhaupt, board member and deputy head of its banking risk management committee, as chairman for the term 2020-2025 from Thursday.
Banking - Sat, May 6, 2023 | 5:30 pm
Retail giant Petrolimex posts Q1 profit growth of 51%
Vietnam's biggest gasoline retailer Petrolimex reported after-tax profit of VND667 billion ($28.43 million) in the first quarter of 2023, up 51% year-on-year, while Petrovietnam's subsidiary PVOil posted VND266 billion ($11.34 million), down 6%.
Companies - Wed, May 3, 2023 | 3:23 pm
Retail giant Petrolimex successfully divests from PGBank
Petrolimex, Vietnam's biggest gasoline retailer in terms of market share, successfully sold all 120 million of its PGBank shares on Friday via an auction on the Ho Chi Minh Stock Exchange (HoSE).
Finance - Fri, April 7, 2023 | 4:25 pm
PG Bank stock auction attracts 16 investors
The PG Bank stock auction has attracted 16 investors interested in buying the 120 million shares up for sale, including nine domestic individuals and seven domestic institutions, according to the Ho Chi Minh City Stock Exchange (HoSE).
Banking - Tue, April 4, 2023 | 10:49 pm
Petrolimex Petrochemical fined $26,600 over tax violations
The Hanoi Tax Department has issued a decision to fine Petrolimex Petrochemical Joint Stock Corporation VND628 million ($26,600) for tax violations.
Companies - Tue, March 14, 2023 | 11:04 pm
Petrolimex sets offering price for 120 mln PG Bank shares
Petrolimex, Vietnam's biggest gasoline retailer, will publicly auction 120 million PG Bank shares through the Ho Chi Minh Stock Exchange (HoSE) with a starting price of VND21,300 ($0.89) per share, with proceeds estimated at VND2,556 billion ($107.7 million).
Companies - Wed, March 1, 2023 | 12:08 pm
Petrolimex set to divest from PG Bank
Petrolimex plans to divest from private creditor PG Bank via public auction through the Ho Chi Minh Stock Exchange (HoSE).
Banking - Sat, February 4, 2023 | 3:57 pm
Retailer Petrolimex posts 45% profit drop year-on-year
Petrolimex, Vietnam's biggest gasoline retailer by market share, announced consolidated pre-tax profit of an VND2,068 billion ($88.23 million), down 45% year-on-year but seven times higher than its adjusted target.
Companies - Mon, January 16, 2023 | 12:50 pm
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CIMB Bank Vietnam posts $3.4 mln loss in 2023
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With multiple coal-fired power plants facing closure, Vietnam still has no transition roadmap
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$5.4 bln Long Son Petrochemicals Complex fails test run, to try again in June
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Berjaya Vietnam CEO and his business portfolio
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Vietnam-China joint venture to build $800 mln automobile factory
