Dung Quat Oil Refinery reports VND13 trillion profit after 9 months
VOV.VN - Binh Son Refining and Petrochemical JSc (BSR) that owns Dung Quat Oil Refinery made a profit after tax of VND12,899 billion, more than 3 times higher than the same period in 2021.
The company earned revenue of VND126,720 billion, up 90% over the same period last year, BSR said in its financial report for the third quarter.
Its total sales volume reached more than 5 million tonnes of products of all kinds, meeting 106% of the nine-month plan and 78% of the yearly plan.
The past 10 months saw the company sell nearly 6.6 million m3 of petroleum, an increase of more than 450,000 m3 compared to its commitment. Inventories of Dung Quat Oil Refinery are often maintained at low levels.
As of November 5, the oil refinery increased its operation capacity to 112% to help ease pressure on domestic petroleum supply.
Dung Quat Oil Refinery has a refining capacity of 148,000 barrels per day (6.5 million tonnes crude oil annually) and can process 67 types of crude oil from various parts of the world. Its major products include Mogas A92/A95 and E5/10, jet fuels, kerosene, diesel, fuel oil, and liquefied petroleum gas.