BSR General Director Tran Ngoc Nguyen addresses the press conference held on June 13 (Photo: VNA)Hanoi (VNA) – The Binh Son Refining andPetrochemical Company (BSR) estimated a profit of 2.947 trillion VND (129.66million USD) in the first half of 2018, meeting 84.7 percent of its target forthe whole year.
BSR is a subsidiary of the Vietnam Oil and Gas Group(PetroVietnam) and the operator of the 3 billion USD Dung Quat Oil Refinery inthe central province of Quang Ngai, the first oil refinery in the country.
With the achievement, which accounted for 30 percent of PetroVietnam’stotal profit during the period, the company is the second biggest earner in thegroup.
According to BSR General Director Tran Ngoc Nguyen, thanksto smooth operation, the productivity in the reviewed period was estimated tohit 3.56 million tonnes of the company’s products, exceeding by 11.4 percent ofthe target set for the first half of the year.
BSR also sold 3.6 million tonnes of its products, surpassingby 11.5 percent of its target set for the reviewed period.
The outstanding performance was partly attributable to thecompany’s optimisation of management work and efficiency.
Nguyen said in the remaining half of the year, BSR set the goalof producing and distributing more than 3.17 million tonnes of products,earning a pre-tax profit of 1.754 trillion VND (77.176 million USD).-VNA
BSR is a subsidiary of the Vietnam Oil and Gas Group(PetroVietnam) and the operator of the 3 billion USD Dung Quat Oil Refinery inthe central province of Quang Ngai, the first oil refinery in the country.
With the achievement, which accounted for 30 percent of PetroVietnam’stotal profit during the period, the company is the second biggest earner in thegroup.
According to BSR General Director Tran Ngoc Nguyen, thanksto smooth operation, the productivity in the reviewed period was estimated tohit 3.56 million tonnes of the company’s products, exceeding by 11.4 percent ofthe target set for the first half of the year.
BSR also sold 3.6 million tonnes of its products, surpassingby 11.5 percent of its target set for the reviewed period.
The outstanding performance was partly attributable to thecompany’s optimisation of management work and efficiency.
Nguyen said in the remaining half of the year, BSR set the goalof producing and distributing more than 3.17 million tonnes of products,earning a pre-tax profit of 1.754 trillion VND (77.176 million USD).-VNA
VNA
