PVT - Strong 2017 despite Dung Quat refinery maintenance - Earnings Flash
  • 31 Jan 2018
  • Company Research
PVT’s 2017 revenue declined by 9% while NPAT-MI stayed relatively flat in 2017 vs 2016. Despite a lower utilization rate of the crude fleet due to a 52-day maintenance of Dung Quat refinery, earnings remained as strong as in 2016 mainly thanks to 1) PVT a