PV GAS D holds 2025 annual general meeting of shareholders
On April 15, 2025, in Ho Chi Minh City, Petrovietnam Low Pressure Gas Distribution Joint Stock Company (PV GAS D, stock code PGD), successfully conducted its 2025 Annual General Meeting of Shareholders (AGM).
PV GAS D holds 2025 annual general meeting of shareholders
In 2024, a year of both opportunities and challenges, PV GAS D leveraged its experience, expertise, and resilience to overcome difficulties and achieve remarkable growth. Specifically, gas sales reached 1,014.8 million Sm³, meeting 101.1% of the target; total revenue hit 10,937.6 billion VND (114.7% of the plan); pre-tax profit reached 312.9 billion VND (112.6% of the plan), and post-tax profit stood at 249.2 billion VND (112.1% of the plan). Additionally, the company contributed 117.2 billion VND to the state budget, exceeding the target by 125.7%. Notably, the AGM approved a 15% dividend payout on charter capital for 2024, totaling approximately 148.5 billion VND, reflecting the company’s strong performance amid a volatile year.
2025 is projected to bring continued challenges and opportunities, including geopolitical tensions, climate change impacts, and potential trade policy shifts from the new U.S. administration, which may affect global growth. Domestic gas shortages are also expected to influence PV GAS D’s 2025 business plan. For the year, the company targets gas sales of 1,051.4 million Sm³, total revenue of 10,535.7 billion VND, and post-tax profit of 222.5 billion VND.
At the AGM, Mr. Trieu Quoc Tuan – Member of PV GAS’ Board of Directors, on behalf of the major shareholder PV GAS (the parent company) – commended PV GAS D’s 2024 achievements and expressed confidence in the company to achieve even greater success in 2025.
Mr. Trieu Quoc Tuan – Member of PV GAS’ Board of Directors
PV GAS D’s 2025 AGM concluded successfully, with all proposals approved unanimously by shareholders. With a spirit of bold thinking, decisive action, and accountability, PV GAS D’s leaders and workforce are committed to overcoming obstacles, exceeding 2025 targets, and solidifying the company’s position as a leading natural gas provider.
PV GAS D’s leaders and its major shareholders’ representatives