Accordingly, in the third quarter of 2025, PV GAS recorded revenue of nearly VND35,711 billion, up 41% over the same period in 2024; pre-tax profit of VND3,209 billion and after-tax profit of VND2,613 billion, both equivalent to the same period.
In the first 9 months of 2025, PV GAS achieved a total revenue of nearly VND 91,490 billion, up 16% over the same period; Pre-tax profit of VND 12,599 billion, up 19% over the same period; after-tax profit of nearly VND 10,184 billion, up 19% over the same period in 2024. The financial targets have all far exceeded PV GAS' 2025 plan assigned by the Annual General Meeting of Shareholders.
PV GAS's total assets as of September 30, 2025 reached VND 93,865 billion, an increase of about 15% compared to the beginning of the year.
This positive result affirms the outstanding efficiency of PV GAS, especially when achieved on the basis of high growth in 2024 and in the context of unfavorable market (crude oil prices and gas mobilization for electricity have both decreased sharply). This shows that PV GAS is successfully shifting to reduce dependence on traditional growth drivers.
On the path of high growth, in 2026, PV GAS plans to increase revenue by 10% compared to 2025, with many targets expected to have a strong breakthrough. Growth momentum comes from international business activities, new product and service development and comprehensive digital transformation.
In addition to maintaining its key role in Vietnam's gas value chain, PV GAS is proactively expanding to the fields of green energy, clean energy and smart technology. PV GAS said that it plans to start experimental production of Green Hydropower (Green H2) at Dinh Co Climate Treatment Plant (GPP Dinh Co) from the first quarter of 2026, marking an important step forward in the journey to realize the goal of "Green Energy Journey".
In the field of digital transformation and automation, PV GAS is implementing phase 1 of the Smart Factory Project at Ca Mau Gas Treatment Plant (GPP Ca Mau), while preparing to expand the Smart governance model to the Thi Vai port warehouse cluster, aiming for management, operation, and logistics standards according to international standards.
At the same time, PV GAS Logistics Company has been established to contribute to completing the chain of specialized logistics services for the gas industry, contributing positively to the revenue and profit of the Corporation in 2026.
The 2026 - 2030 period is identified by PV GAS as a pivotal period in infrastructure investment, ensuring growth for the next period with a total estimated investment value of about 3.5 billion USD.
In addition, PV GAS also strives to maintain an average revenue growth rate of 8-10%/year, aiming to chiem 100% of the domestic natural gas market share, 65 - 75% of the national LPG and LNG market share, and participate deeply in the international business and service market, striving to enter the Top 50 leading enterprises in the ranking of 500 largest enterprises in Southeast Asia (Fortune Southeast Asia 500) by 2030.
PV GAS also identified 4 main growth drivers for the coming period: Synchronous development of the gas value chain from upstream, midstream, to downstream; Prioritizing investment in LNG-Hubs in areas connected to existing gas industry infrastructure, contributing mainly to the formation of Petrovietnam's National Ecological Energy Industrial Centers; Developing the gas market, diversifying the consumption market, taking international business as a driving force, with the goal of international business accounting for 30-35% of total revenue; Pioneering in developing new energy, green energy, with the goal of new products and services by 2030 reaching 25% of revenue structure.
The consolidated financial report for the third quarter of 2025 with impressive business growth results is a clear demonstration of the management capacity, innovative thinking and internal resilience of PV GAS's leadership and staff, who are constantly aspirational, dare to conquer, and are ready to make a breakthrough to contribute to the sustainable development journey of Vietnam's energy industry.
