BSR exceeds set targets in 7 months

This information was released in a recent working between the Vietnam Oil and Gas Group (PetroVietnam) and BSR JSC.

In his speech at the working, Mr. Dinh Van Son, a member of the PetroVietnam Board of Members congratulated BSR for successfully conducting IPO (Initial Public Offering), organizing the first shareholder meeting and transforming its management into a joint stock company.

He also hailed business results which the company obtained in the first seven months as it met difficulties in production consumption competition while appreciating the efforts of its employees and leaders in overcoming the difficulties.  

Specifically, the production output was estimated at 4.139 million tons, making up 113% of the seven months’ plan and 66% of the year’ s plan, in which 4.114 million tons were consumed; earning a revenue of more than VND66.48 trillion, 85% of the year’s plan.

It contributed over VND6.88 trillion to the state budget, accounting for 83% of the year’s plan. After-tax profit reached an estimated VND3.597 trillion, 103% of the year’s plan.

In the coming time, BSR should speed up management and specialization of the core areas and consult other models to improve the effectiveness of management, Son stressed./.