CNG is headquartered at 35I, 30/4 Street, Ward 9, Vung Tau City. Website: www.cng-vietnam.com
The company’s main activity is the production and distribution of Compressed Natural Gas (CNG).
The major shareholders of the company include PV Gas South (code: PGS) and IEV Group.
In 2010, CNG recorded total revenue of VND 290 billion and post-tax profit of VND 105.3 billion.
This year, CNG Vietnam targets revenue of VND 490 billion but sets a modest post-tax profit goal of only VND 88.9 billion.
In the first nine months of this year, the company recorded revenue of VND 516.8 billion and post-tax profit of VND 179.6 billion – doubling the annual profit target.
(Source:Cafef.vn 16/11)
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