THE FORTITUDE OF A PREMIER CORPORATION

Annual
Report 2024
With unwavering leadership, Petrolimex proudly affirms its pioneering position – resilient through every challenge, and steadfast in its commitment to sustainable growth alongside the community
With unwavering leadership, Petrolimex proudly affirms its pioneering position – resilient through every challenge, and steadfast in its commitment to sustainable growth alongside the community

Chairman's Letter

/01

2025 will mark a decisive year as Petrolimex pursues operational streamlining and cost optimization, with a strategic focus on enhancing governance to secure no less than 8% growth, and to accelerate toward double-digit growth between 2026 and 2030.

CHAIRMANPham Van Thanh

Highlight numbers

/02

Consolidated petroleum
output

2024

15.749.926
M3,ton

Reached 121% of the plan and equal to 109% compared to 2023

Total consolidated
revenue

2024

284.017
billion VND

Reached 152% of the plan

Consolidated profit
before tax

2024

3.972
billion VND

Reached 137% of the plan

State budget contribution

2024

32.384
billion VND

Reached 135% of the plan

Consolidated petroleum
output

2024

15.749.926
M3,ton

Reached 121% of the plan and
equal to 109%compared to 2023

Total consolidated
revenue

2024

284.017
billion VND

Reached 152% of the plan

Consolidated profit
before tax

2024

3.972
billion VND

Reached 137% of the plan

State budget contribution

2024

32.384
billion VND

Reached 135% of the plan

Petrolimex identifies 2024 as the pivotal year of five-year plan, achieving business results that exceed targets, ensuring a stable supply, and maintaining the Group's strong position in the market. These accomplishments have strengthened Petrolimex’s leading position with a 50% market share and over 4,300 petrol stations nationwide.

Business Performance

Affirming leading position with a

50%market share

with over

4.300petroleum stations

Overview of Petrolimex in 2024

Petrolimex is undergoing comprehensive modernization, leading the green transition.