PetroVietnam affiliates post high 2010 profits

Two PetroVietnam affiliates - PetroVietnam Technical Services Corp (PVS) and PetroVietnam General Services Corp (PET) - have recently posted high 2010 business results.
Two PetroVietnam affiliates - PetroVietnam Technical Services Corp (PVS) and PetroVietnam General Services Corp (PET) - have recently posted high 2010 business results.

PVS reported a total revenue of 16.84 trillion VND (801.9 million USD) last year, an increase of 57.6 percentover the previous year. Its net profit also reached nearly 908 billion VND (43.2 million USD) during the period, a year-on-year increase of 43 per cent. The company's 2010 earnings per share (EPS) ratio reached 4,536 VND (0.23 USD).

PET also posted a total revenue of over 10 trillion VND (476.2 million USD) in 2010 and a post-tax profit of over 184 billion VND (8.8 million USD), a year-on-year increase of 33 percentin revenue and over 62 percentin net profit./.

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