Search

Oil & Gas

Sunday
04 Jan 2026

Vietnam oil & gas firms post record profits in 2025

04 Jan 2026   

Binh Son Refining and Petrochemical JSC (HoSE: BSR), operator of the Dung Quat oil refinery, said output was estimated at nearly 7.91 million tons, with revenue of VND142.3 trillion ($5.41 billion) and pre-tax profit of VND4.7 trillion ($178.7 million), more than six times the VND736 billion recorded in 2024.

On December 25, BSR approved revisions to its 2025 business plan, sharply raising its consolidated pre-tax profit target to VND3.01 trillion ($114.6 million) from VND837 billion ($31.83 million). The company said its actual pre-tax profit exceeded the revised target by 56%.

PV Drilling (HoSE: PVD) also reported strong results. Its management said consolidated revenue was estimated at 10.5 trillion ($399.2 million) in 2025, with pre-tax profit of VND1.1 trillion ($41.83 million) and net profit of VND830 billion ($31.56 million), far exceeding the year's targets.

Keywords

More News

Loading……