GAS: Explanation for business result in 2020
PetroVietnam Gas Joint Stock Corporation has explained the profit after tax of 2020 compared to 2019 as follows:
- Profit after tax based on the audited financial statements in 2020:
By: million dongs
No.
Target
2020
2019
% Compared to 2020/2019
1
Parent company
8,069,010
11,920,871
68%
2
Consolidated
7,971,791
12,085,651
66%
- Profit after tax of parent company in 2020 decreased by 32% compared to 2019 and profit after tax of the consolidated financial statements in 2020 decreased by 34% compared to 2019 because of the following causes:
Brent’s average oil price in 2020 (48.84USD/barrel) decreased by 22.37USD/barrel compared to 2019 (64.21USD/barrel), equivalent to a decrease of 35%, making the selling price of PV Gas’s products decreased correspondingly, leading to profit decreased.
HOSE
> ACC: Resolution on the 2021 AGM (30/03/2021)
> AAM: Resolution on the FY AGM 2020 (30/03/2021)
> MDG: Information on the documents of AGM 2021 via the website (30/03/2021)
> MCG: Holding AGM 2021 (30/03/2021)
> KDC: Cancellation of record date for AGM 2021 (30/03/2021)
> DIG: BOD resolution on holding AGM 2021 (30/03/2021)
> CNG: Cancellation of record date for AGM 2021 (30/03/2021)
> PVD: Record date for Annual General Meeting 2021 (30/03/2021)
