At an online meeting on June 7, PetroVietnam General Director Le Manh Hung said in May and over the first five months, the group recorded positive outcomes in almost all fields following its plans and goals.
Oil exploitation output was a highlight, with the volume exceeding the target by 18% in May, resulting in good growth in financial indexes for the five-month period.
PetroVietnam reeled in VND222.3 trillion in revenue, 14% higher than the target and increasing 16% against the same period last year. The group contributed VND32.4 trillion to the State budget, exceeding the plan by 23% and up 20% year-on-year.
All member units maintained stable production and business activities, with their inventories put under control, according to Hung.
Amid the complicated developments of COVID-19, the outcomes were attributable to the group’s prompt implementation of specific measures and update on pandemic prevention measures.
PetroVietnam and its member companies have to date donated VND480 billion for the nation’s fight against the epidemic.
