Earnings Report /
Vietnam

PetroViet Nam Technical Services: Hit by gloomy upstream activities in the short term

  • Revenue dropped due to the shortage of new EPC contracts while net profit was impacted by the fall of other profit

  • Profit from JVs will support 2021 earnings

  • The company faces gloomy upstream activities in the short term, but potential for huge projects in the long term

Vu Tran
Vu Tran

Oil & Gas, Fertilizers

Rong Viet
13 September 2021
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