PetroGAS posts $588m profit

PetroVietnam Gas Joint Stock Corporation (GAS) has reported a net profit of VND12.384 trillion (US$588 million) for the year 2013, a 26 per cent increase over 2012.

It was also 66 per cent more than the year's planned target.

The earning-per-share (EPS) of GAS reached VND6,530 or $0.31.

However, GAS's turnover in 2013 reached VND65.5 trillion or $3.12 billion, a slight decline of 4 per cent over 2012.

HCM City-listed GAS traded at VND82,000 or $3.9 per share on Thursday.

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