AsemconnectVietnam - At 10:45 AM on December 23rd, Binh Son Refinery and Petrochemical Joint Stock Company (BSR - HOSE) held a “Countdown to Consolidated Revenue Target for 2025” with the milestone: consolidated revenue reaching VND140,000 billion, and sales volume reaching 7,710,409 tons.

According to the plan, in 2025, BSR is estimated to achieve a production volume of 7,907,293 tons, equivalent to 108% of the management plan; revenue reaching VND142,800 billion; pre-tax profit reaching VND4,700 billion; and contributing VND14,300 billion to the state budget.
To achieve and surpass all production and business targets, BSR operated the Dung Quat Refinery safely and stably, with an average capacity of up to 120%. The company also effectively utilized the "window of opportunity" when crude oil prices fell while product prices did not decrease proportionally, and at times even moved in the opposite direction, thereby optimizing profit margins.
In particular, BSR proactively managed production and consumption, closely following production and business scenarios that were regularly updated based on oil price and crack spread fluctuations. This allowed for flexible adjustments to capacity, increased strategic inventory, and increased sales when market conditions were favorable.
According to General Director Nguyen Viet Thang, the results achieved are not only a numerical achievement but also demonstrate BSR's remarkable maturity in management and operations, its flexible response to market fluctuations, and its gradual affirmation of regional competitiveness.
Chairman of the Board of Directors Bui Ngoc Duong highly appreciated the efforts of the BSR team in proactively developing production and business scenarios from the beginning of 2025, thereby effectively overcoming the complex fluctuations in oil prices and objective challenges.
Mr. Duong further emphasized that, despite facing unfavorable weather conditions, BSR still ensured raw material supply, maintained the Dung Quat Refinery to operate stably at high capacity, and maintained absolute safety with over 50 million safe working hours. BSR is determined to strive to achieve double-digit growth in the 2026 production and business year.
N.Nga
Source: VITIC/Tinnhanhchungkhoan