PVEP enjoys over VNĐ14.3 trillion in six-month revenue

July, 07/2021 - 07:40
The PetroVietnam Exploration Production Corporation (PVEP) reported revenue of VNĐ14.35 trillion (US$623.59 million) in the first six months of 2021, equivalent to 144 per cent of its target.
In the first half of this year, the firm, a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), enjoyed over VNĐ2 trillion in after-tax profit. — Photo pvep.com.vn

HÀ NỘI The PetroVietnam Exploration Production Corporation (PVEP) reported revenue of VNĐ14.35 trillion (US$623.59 million) in the first six months of 2021, equivalent to 144 per cent of its target.

In the first half of this year, the firm, a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), enjoyed over VNĐ2 trillion in after-tax profit.

It paid more than VNĐ3.63 trillion to the State budget, equivalent to 151 per cent of its target.

According to the firm, in the period, it exploited 1.78 million tonnes of oil equivalent, reaching 106 per cent of its goal, along with 493 million cu.m of gas, completing 96 per cent of its target. VNS

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