Sunday, November 16,2025 - 4:45 GMT+7  Việt Nam EngLish 

PV GAS (GAS) recorded a 41% increase in revenue in Q3/2025 

 Tuesday, November 18,2025

AsemconnectVietnam - PetroVietnam Gas Joint Stock Corporation (PV GAS, GAS - HOSE) has just announced its consolidated financial report for the third quarter of 2025 with impressive business growth.

Accordingly, in the third quarter of 2025, PV GAS recorded a revenue of nearly VND35,711 billion, an increase of 41% over the same period in 2024; pre-tax profit of VND3,209 billion and after-tax profit of VND2,613 billion, both equivalent to the same period.
In the first 9 months of 2025, PV GAS achieved a total revenue of nearly VND91,490 billion, an increase of 16%; pre-tax profit of VND12,599 billion, an increase of 19%; Profit after tax is nearly VND10,184 billion, up 19% compared to the same period in 2024. All financial indicators have far exceeded the 2025 plan of PV GAS assigned by the Annual General Meeting of Shareholders.
Total assets of PV GAS as of September 30, 2025 reached VND93,865 billion, up about 15% compared to the beginning of the year.
This positive result shows that PV GAS is successfully shifting to reduce dependence on traditional growth drivers.
In 2026, PV GAS plans to increase revenue by 10% compared to 2025. Growth drivers come from international business activities, development of new products and services and comprehensive digital transformation.
In addition to maintaining its key role in Vietnam's gas value chain, PV GAS is proactively expanding into the fields of green energy, clean energy and smart technology. PV GAS said that it is expected to start pilot production of Green Hydrogen (Green H₂) at Dinh Co Gas Processing Plant (Dinh Co GPP) from the first quarter of 2026, marking an important step in the journey to realize the goal of "Green Energy Journey".
In the field of digital transformation and automation, PV GAS is implementing phase 1 of the Smart Factory Project at Ca Mau Gas Processing Plant (Ca Mau GPP), and is preparing to expand the smart management model to the Thi Vai port warehouse cluster, aiming at international standards of management, operation and logistics.
In parallel, the establishment of PV GAS Logistics Company will contribute to completing the specialized logistics service chain for the gas industry, contributing positively to the revenue and profit of the Corporation in 2026.
The period 2026 - 2030 is identified by PV GAS as a pivotal period in infrastructure investment, ensuring growth for the next period with a total estimated investment value of about USD3.5 billion.
In addition, PV GAS also strives to maintain an average revenue growth rate of 8-10%/year, aiming to capture 100% of the domestic natural gas market share, 65-75% of the LPG and LNG market share nationwide, while deeply participating in the international business and service market, striving to be in the Top 50 leading enterprises in the ranking of the 500 largest enterprises in Southeast Asia (Fortune Southeast Asia 500) by 2030.
N.Nga
Source: VITIC/Tinnhanhchungkhoan

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