- PetroVietnam Gas reported a net income of 3.3 trillion dong for the second quarter of 2024.
- This reflects a 3.1% increase in net income compared to the same period last year.
- The company recorded a revenue of 30 trillion dong for the second quarter of 2024.
- This indicates a 25% increase in revenue compared to the same period last year.
- For the first half of 2024, PetroVietnam Gas reported a revenue of 53.4 trillion dong.
- This represents an 18% increase in revenue compared to the first half of the previous year.
- The net income for the first half of 2024 was 5.8 trillion dong.
- This shows an 11% decrease in net income compared to the first half of last year.
- Analyst ratings for PetroVietnam Gas include 5 buys, 7 holds, and 0 sells.
A look at Petrovietnam Gas Joint Stock Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, Petrovietnam Gas Joint Stock is positioned for a positive long-term outlook. The company scores high in Resilience and Growth, indicating a strong ability to withstand challenges and potential for expansion. With a solid score in Dividend, investors can also expect a decent payout. While the Value score is average, the Momentum score is fair, showing steady but not rapid progress.
PetroVietnam Gas JSC specializes in transporting, storing, and selling various forms of petroleum gas, including liquefied petroleum gas and natural gas. Offering services such as gas gathering and distribution, the company is well-equipped for the growing demand in the energy sector. With a mix of favorable Smart Scores, Petrovietnam Gas Joint Stock appears to be on a promising trajectory for sustainable growth and resilience in the market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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