PetroVietnam contributes VND40.8 trillion to state budget in five months
Friday, 08/06/2018 17:13 (GMT+7)
(CPV) - The Vietnam National Oil and Gas Group (PetroVietnam) contributed VND40.8 trillion to the state budget by the end of May 2018, exceeding the month’s target by 32% and equaling 55% of the year’s target.
Photo for illustration. (Source: CPV)
Total output of exploited oil in May reached 1.21 million tons, 4.5% higher than the month’s plan; bringing the figure for the first five months to 6.01 million tons, 2.2% higher than the plan.
Meanwhile, it exploited 0.88 billion cubic meters of gas, raising the output for the five months to 4.43 billion cubic meters, 3.4% higher than plan.
Electricity generation reached 2.08 billion kWh, raising the figure for the five months to 9.8 billion kWh, 6.1% higher than the plan. Protein production posted 695,000 tons during the period, 5.2% higher than the plan. Petrol production hit 2.96 million tons, 2.6% higher than the plan.
The group’s total revenue amounted to VND234.5 trillion, 21% higher than the five months plan and 40% of the year plan. Total after-tax profit reached VND9.8 trillion, exceeding 15% of the five months plan and equaling 51% of the year plan./.
BTA
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