Pre-tax profit exceeded 11.2 trillion VND, after-tax profit exceeded 9.0 trillion VND in the first 6 months of 2026, exceeding the entire 6-month plan for all targets; completing and exceeding the annual plan for profit targets and state budget contributions. These results reflect PV GAS's ability to maintain growth as well as its important role in ensuring national energy security.
Completing the task of economic security, maintaining growth in volatility
In the first 6 months of 2026, the energy industry in general and PV GAS in particular operated in the context of a volatile international market, especially the impact of the conflict in the Middle East between the US - Israel and Iran, increasing the risk of LPG and LNG supply disruption, price escalation and affecting consumption demand. Faced with these challenges, PV GAS's collective of employees has united, promoted intelligence, and completed the leading role of the Vietnamese gas industry.
According to the reviewed consolidated financial statements for the first 6 months of 2026, PV GAS recorded consolidated revenue of over 82.0 trillion VND, equivalent to 58% of the annual plan; pre-tax profit of over 11.2 trillion VND, reaching 99% of the annual plan; after-tax profit of over 9.0 trillion VND, completing the annual plan; contributing over 5.5 trillion VND to the state budget, reaching 122% of the full-year plan.
In the second quarter of 2026 alone, revenue reached about 43.6 trillion VND, pre-tax profit was more than 7.4 trillion VND, an improvement compared to the previous quarter in the context of high gas demand for power generation in the dry season.
In 2026, PV GAS sets a revenue target of 142 trillion VND, pre-tax profit of nearly 11.3 trillion VND and after-tax profit of over 9 trillion VND. The results after the first half of the year create favorable room for the business to complete financial targets, although still facing many uncertain factors.
PV GAS proactively diversifies supply sources, accelerates infrastructure investment
Along with maintaining production and business efficiency, PV GAS focuses on ensuring the supply of gas, LNG and LPG to consumers. Faced with fluctuations in international supply sources, the enterprise proactively diversifies goods sources, strengthens cooperation with international partners and optimizes import plans, thereby maintaining supply to serve the essential needs of the economy.
In the first 7 months of the year, gas consumption reached over 4 billion Sm3, equal to 105% of the plan, an increase of 17% compared to the same period; LPG/LNG business reached nearly 2.1 million tons, equal to 96% of the plan. PV GAS has arranged about 658 million m3 of LNG to supplement supply for PV Power power plants and power generation units under EVN/EVNGENCO3 during the peak dry season, and at the same time supplied about 865 thousand tons of LPG to the domestic market and exported to Cambodia.
Diversifying import sources from Australia, the United States, Canada and Southeast Asian countries contributes to enhancing the flexibility of the supply chain in the context of volatile international markets.
In the field of investment, the disbursement value of the parent company reached over 2.5 trillion VND, focusing on key projects such as Vung Ang LNG Storage, Su Tu Trang gas collection and transportation pipeline and Block B gas pipeline project. PV GAS also continues to implement the plan to expand the capacity of Thi Vai LNG Storage to 3 million tons/year, meeting the increasing demand for LNG in the medium and long term.
The projects are the foundation for expanding the capacity of gas and LNG infrastructure, increasing the ability to meet the energy needs of the economy in the coming period.
PV GAS highly focused to reach the finish line for the second half of 2026
The prospects for the last 6 months of the year still pose many challenges when oil prices fluctuate, gas consumption demand often decreases during the rainy season, and international business activities recover slower than expected. In addition, the requirement to accelerate the progress of key projects and complete disbursement plans continues to create pressure.
According to the operating orientation, PV GAS will focus on developing the market, expanding gas and LNG consumption, gradually restoring international business operations; and strengthening the integration of supply chains, logistics and services to improve efficiency.
Infrastructure investment continues to be a strategic priority. In addition to ongoing LNG projects, businesses are oriented to seek upstream investment opportunities and appropriate mergers and acquisitions (M&A) to expand product portfolios, diversify growth sources and improve resilience to energy market fluctuations.
In parallel with that, PV GAS continues to promote digital transformation, governance innovation and organizational restructuring to improve operational efficiency, strengthen risk management capacity and create a foundation for the next development stage.
The results achieved in the first half of 2026 are proof of the efforts and intelligence of PV GAS's collective of employees in the extremely difficult context of the market. With infrastructure projects being implemented along with the orientation of expanding the market and improving management capacity, the enterprise aims to complete the business goals for 2026, while continuing to realize the strategy of developing a modern gas and LNG ecosystem, enhancing its position in the region and contributing to the goal of ensuring national energy security.
