PV Oil sees Jan-Sept profit double on network expansion, surging sale

PV Oil sees Jan-Sept profit double on network expansion, surging sale

PV Oil, a Petrovietnam subsidiary, has doubled its Jan-Sept profit year-on-year to VND628 billion ($25.56 million), with an opening spree in new retail outlets and soaring sale volumes.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Major Vietnam gasoline retailers post contrasting Q2 results

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 - Mon, Dec 22, 2021 | 11:30 am GMT+7

Petrolimex records $6 mln loss in Q2 despite surging oil price

Petrolimex records $6 mln loss in Q2 despite surging oil price

Petrolimex, Vietnam's biggest gasoline retailer by market share, reported a loss of of VND141 billion ($6 million) in the second quarter of the year despite soaring prices of crude oil.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7