CNG Vietnam Joint Stock Co (coded CNG) released the 2012 business plan with targeted revenue of 872 billion dong and after tax profit of 115 billion dong. The company’s management board has showed cautiousness in making the year plan this year.
Last year, CNG reported gaining total revenue of 748 billion dong and profit of 204 billion dong.
The PetroVietnam Southern Gas Joint Stock Co (coded PGS) was CNG’s parent company that kept over 60 percent of the subsidiary’s chartered capital. The company also set up 2012 business targets with total revenue of 6.048 trillion dong, profit of 202 billion dong, equalling to EPS of 4,067 dong.