VND
1,022
DIRECT JOBS
ECONOMIC PERFORMANCE
ECONOMIC PERFORMANCE
PVCFC has overcome disadvantaged factors of Covid-19 pandemic and achieved good business results thanks to proactive, drastic and effective implementation of business measures plus cooperation, determination and continuous innovation and creativity of employees, decisiveness of Board of Management including total revenue of VND 10,041.67 billion, up 10% of the plan; profit before tax of VND 1,956.27 billion, up 12% of the plan; profit after tax of VND 1,826.12 billion, up 11% of the plan. This is the highest profit ever of the Company which creates growth pressure in 2022.
Total revenue in 2019-2021
Unit: VND billion
Total revenue in 2019-2021
10,041.67
BILLION
UP 
10%
Profit before tax
Unit: VND billion
Profit after tax
Unit: VND billion
Business performance in 2021
| No. | Items | Unit | Implemented 2020 | 2021 | Ratio | ||
|---|---|---|---|---|---|---|---|
| Planned | Implemented | Comparison (%) | |||||
| A | B | C | 1 | 2 | 3 | 4=3/2 | 5=3/1 |
| II | Consolidated financial indicators | ||||||
| 1 | Total revenue | VND billion | 7,700.33 | 9,168.32 | 10,041.67 | 110% | 130% |
| 2 | Profit before tax | VND billion | 716.53 | 924.45 | 1,956.27 | 212% | 273% |
| 3 | Profit after tax | VND billion | 662.45 | 867.50 | 1,826.12 | 211% | 276% |
| 4 | Obligations to State budgets | VND billion | 87.09 | 98.85 | 222.41 | 225% | 255% |
| III | Parent Company’s financial indicators | ||||||
| 1 | Total revenue | VND billion | 7,663.86 | 9,132.59 | 10,056.63 | 110% | 131% |
| 2 | Profit before tax | VND billion | 714.83 | 920.66 | 1,950.55 | 212% | 273% |
| 3 | Profit after tax | VND billion | 661.56 | 864.57 | 1,821.83 | 211% | 275% |
| 4 | Obligations to State budgets | VND billion | 80.24 | 91.87 | 196.77 | 214% | 245% |
| 5 | Pre-tax ROE | % | 14% | 17% | 37% | 212% | 273% |
| 6 | Investment value | VND billion | 112.89 | 96.84 | 72.58 | 75% | 64% |
INDIRECT ECONOMIC IMPACT
Obligations to State budgets
VND
222.41
BILLION
UP 255.35%
CREATE
Apart from maintaining business and production efficiency, PVCFC always complies with regulations on contribution to the State. In 2021, PVCFC has paid a total of VND 222.41 billion to the State budget, up 255.35% as of 2020.
By directly employing local laborers in Ca Mau province and neighboring areas, PVCFC has made a great contribution to the provincial budget through paying tax, using services of companies doing business in Ca Mau, increasing demands of daily living services where the company is located, promoting local economic development.
PVCFC together with other companies doing business in Ca Mau Gas - Power - Fertilizer Complex under Vietnam National Oil and Gas Group have contributed more than 40% of the provincial budget, created 30% of jobs for local laborers. Ca Mau Gas - Power - Fertilizer Complex is an important economic driving force for Ca Mau to “shine” in Southernmost point of Vietnam.
Besides Ca Mau Gas - Power - Fertilizer Complex, other items such as industrial infrastructure, traffic road system, electronic, water supply and drainage, airports have been established to help Ca Mau exploit eco-tourism, aquaculture as well as connect with other cities and provinces nationwide.