- The net income for PetroVietnam Gas in the first quarter of 2024 stood at 2.51 trillion dong, showing a notable decrease of 25% in comparison with the previous year.
- The company’s revenue presented a contrasting story, with an increase of 9.9% year over year, hitting 23.3 trillion dong.
- Analysts have mixed predictions for the company’s future, holding 5 buys, 5 holds, and no sell recommendations on its record.
- These financial results are directly derived from the company’s original disclosures and comparisons are made to previous year’s results.
A look at Petrovietnam Gas Joint Stock Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
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
When examining Petrovietnam Gas Joint Stock utilizing the Smartkarma Smart Scores, the long-term outlook appears promising. With a Growth score of 4 and a Resilience score of 5, the company demonstrates strong potential for expansion and stability in the face of challenges. Additionally, its Momentum score of 4 suggests positive market momentum. While its Value score is at a moderate 2 and Dividend score at 3, the overall outlook seems favorable for Petrovietnam Gas Joint Stock as it continues to be a key player in transporting, storing, and marketing petroleum gas products.
As a company, PetroVietnam Gas JSC specializes in the transportation, storage, and distribution of various petroleum gas products including liquefied petroleum gas and compressed natural gas. Offering services such as gas gathering, importation, transportation, and maintenance, Petrovietnam plays a pivotal role in the energy sector. With solid scores in Growth, Resilience, and Momentum, Petrovietnam Gas Joint Stock appears to be on a trajectory towards sustainable growth and operational strength in the long run.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
