Binh Son Refining and Petrochemical Company (BSR) reported post-tax profits of nearly VND3.6 trillion (US$1.5 million) in the first seven months of 2018, meeting 172 per cent of its seven-month target and 103 per cent of the annual target.
Binh Son Refining and Petrochemical Company (BSR) reported pre-tax profits of VND1.3 trillion (US$57.1 million) in the first quarter of 2018, up 46 per cent compared to the quarterly target.
The closed-end VinaCapital Vietnam Opportunity Fund has spent US$45 million to purchase shares of Bình Son Refining and Petrochemical Company and PetroVietnam Power Corporation.
The Binh Son Refining and Petrochemical Company (BSR), the operator of the Dung Quat Oil Refinery in central Quang Ngai province, earned VND5.5 trillion (US$244.5 million) through the sale of nearly 242 million shares during its initial public offering (IPO)...
Three big companies under the Viet Nam National Oil and Gas Group will implement initial public offering in the next three months, according to their equitisation plans approved by Deputy Prime Minister Vuong Dinh Hue late last week.
The Dung Quat Oil Refinery Plant earned nearly VND5.7 trillion (US$250
million) in after-tax profit last year, achieving 52 per cent of its
annual target, the Dau Tu (Investment) newspaper said.
The Binh Son Refining and Petrochemical Company (BSR) is targeting the
production of 6.8 million tonnes of products this year, the deputy
general director of the company, Nguyen Van Hoi, said.
The National Oil and Gas Group (Petro Viet Nam) has opened three biofuel
plants with total capacity of 300 million litres per year in order to
meet increasing demand for green energy.
The Russian oil and gas group, Gazprom Neft is set to acquire 49 per
cent stake in Binh Son Refining and Petrochemical Company (BSR), which
operates the Dung Quat refinery.