Hai Phong Petrolimex profit surges 344% in Q2

Hai Phong Petrolimex Transportation and Services Joint Stock Company reported a 343.8% increase in parent company after-tax profit to VND 1.19 billion in Q2 2025.

Consolidated after-tax profit surged 386% to VND 1.25 billion despite transport revenue falling to VND 50.7 billion due to vessel repairs. Reduced costs and improved operational efficiency drove the profitability gains.

The company's shipbuilding and repair segment posted a VND 248 million loss due to market sluggishness.