Petrolimex Saigon profit falls 10% on higher costs

Petrolimex Saigon Transportation and Service Joint Stock Company reported Q2 2025 net profit of VND 4.5 billion, down over 10% year-on-year due to higher operating costs from infrastructure and transport repairs.

The company's cash position strengthened significantly, rising to VND 23.3 billion from VND 6.3 billion at the start of 2025, while short-term trade payables decreased to VND 24.8 billion.