An Pha Petroleum (ASP) targets 2025 profit nearly 3 times higher
Tuesday, June 10,2025
AsemconnectVietnam - According to the meeting documents held on June 27, in 2025, An Pha Petroleum Group Joint Stock Company (An Pha Petrol, code ASP) plans to achieve net revenue of VND3,335.6 billion, a slight increase of 1% compared to 2024. However, after-tax profit is expected to increase nearly 3 times, to VND15 billion.
In terms of output, ASP's total business volume is expected to reach more than 157,399 tons, an increase of 2.2%, of which industrial gas and commercial tank gas output reaches 99,674 tons, while the tank gas segment slightly decreases to 66,725 tons.
ASP's management assesses that the outlook for the LPG industry in 2025 remains positive thanks to continued growth in consumption demand, especially in civil and industrial applications. However, the market will face great competitive pressure, fluctuations in LPG prices and the trend of switching to LNG.
In that context, to achieve the set goals, An Pha Petrol continues to promote restructuring the apparatus, deploy flexible business strategies to adapt to market demand, and at the same time aim to develop new gas product lines such as LNG and CNG.
The company focuses on building highly competitive business solutions, suitable for consumption trends and requiring long-term profits, targeting potential customer segments such as industry, retail and restaurant - hotel systems.
The company also synchronously deploys solutions to ensure stable input and competitive purchase prices, including searching for and developing reputable domestic and foreign LPG suppliers. Inventory management activities are enhanced to ensure energy security for customers and minimize risks from CP price fluctuations, thereby reducing capital costs and increasing profits.
At the same time, An Pha Petrol will continue to review and improve production processes to optimize costs, increase productivity and capacity at existing filling stations.
In terms of internal resources, An Pha Petrol focuses on improving the professional capacity of the sales team through training programs aimed at building a force capable of developing output, while building human resources to implement the new LNG/CNG gas business project.
N.Nga
Source: VITIC/Tinnhanhchungkhoan
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