Gasoline retailer PVOIL posts $11.8 mln pre-tax profit in Q1

Gasoline retailer PVOIL posts $11.8 mln pre-tax profit in Q1

PVOIL, a subsidiary of state-run giant Petrovietnam, recorded a consolidated pre-tax profit of VND300 billion ($11.83 million) in the first quarter of 2024, up 5% year-on-year, said its leadership.

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

Gasoline retailer PVOIL hit by ransomware attack

Gasoline retailer PVOIL hit by ransomware attack

PVOIL, a subsidiary of state-run giant Petrovietnam, was attacked by hackers at 0:00 on Tuesday, causing its website, email, payment application and electronic invoices to shut down.

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

Retail giant Petrolimex posts Q1 profit growth of 51%

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

PVOil to acquire more loss-making gasoline stations in Vietnam

PVOil to acquire more loss-making gasoline stations in Vietnam

Petrovietnam subsidiary PVOil will acquire unused and loss-making gasoline stations across the country to expand its network, said CEO Doan Van Nhuom.

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

Downstream major PVOil suffers accumulated loss of $18 mln

Downstream major PVOil suffers accumulated loss of $18 mln

Petrovietnam Oil Corporation (PVOil) incurred an accumulated loss of VND436 billion ($18.48 million) and bad debts worth VND867 billion ($36.76 million) as of end-2022.

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

Gasoline retailer PVOIL earns $32 mln profit in 2022

Gasoline retailer PVOIL earns $32 mln profit in 2022

PetroVietnam Oil JSC (PVOIL), a subsidiary of Petrovietnam, reported a consolidated pre-tax profit of VND763 billion ($32.32 million) this year, equivalent to 153% of the year plan, although it suffered significant losses in the third quarter.

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

Gasoline retailer PVOIL posts $15 mln Q3 loss

Gasoline retailer PVOIL posts $15 mln Q3 loss

PetroVietnam Oil JSC, a subsidiary of Petrovietnam, has reported a third-quarter loss of VND373 billion ($15 million) over a sharp drop in gasoline prices.

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

VinFast operates 1st EV charging station at petrol station

VinFast operates 1st EV charging station at petrol station

Vietnamese electric vehicle startup VinFast kicked off the operation of its first charging hub at a petrol station in Vietnam on Monday after opening terminals at residential buildings and shopping malls.

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