Petrovietnam Gas (GAS) Q3 2025 earnings summary

Executive summary

• Net revenue for the first nine months of 2025 reached VND 91.45 trillion, up from VND 78.62 trillion year-over-year, driven by strong sales in dry gas, LPG, and LNG segments.

• Net profit after tax for the nine-month period was VND 10.18 trillion, a 19% increase compared to VND 8.54 trillion in the same period last year.

• The company completed a charter capital increase to VND 24,129.5 billion in September 2025.

Financial highlights

• Gross profit for the nine months was VND 13.15 trillion, up from VND 10.59 trillion year-over-year.

• Operating profit reached VND 12.60 trillion, compared to VND 10.59 trillion in the previous year.

• Basic earnings per share for the period was VND 4,229, up from VND 3,502 year-over-year.

• Cash and cash equivalents at period end were VND 11.64 trillion, up from VND 5.57 trillion at the start of the year.

• Total assets as of 30 September 2025 were VND 93.86 trillion, up from VND 81.85 trillion at the start of the year.

Outlook and guidance

• Management expects continued stable operations and growth in core gas and gas product segments.

• Ongoing investments in infrastructure and logistics are anticipated to support future expansion.