PetroVietnam Technical Services Corp 2022 AR2

The report highlights Petrovietnam Technical Services Corporation's (PTSC) performance and sustainability progress for the fiscal year 2022. Celebrating its 30th anniversary, the company successfully expanded into the offshore renewable energy sector, securing contracts for offshore wind turbine support structures in Taiwan and becoming an approved supplier for Orsted. Financially, PTSC exceeded its targets, achieving consolidated revenue of VND 17,081 billion and profit before tax of VND 1,174 billion, with foreign markets contributing over 40% of revenue. On the sustainability front, the company maintained a strong safety record with 16 million safe working hours and zero lost-time injuries, while investing VND 20.2 billion in social security programs across Vietnam.

Company: PetroVietnam Technical Services Corp

Sector: Energy

Country: Vietnam

Year: 2022

Type: AR2

Pages: 117

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PetroVietnam Technical Services Corp

PetroVietnam Technical Services Corp 2022 Annual Report

Annual Report

The report highlights Petrovietnam Technical Services Corporation's (PTSC) performance and sustainability progress for the fiscal year 2022. Celebrating its 30th anniversary, the company successfully expanded into the offshore renewable energy sector, securing contracts for offshore wind turbine support structures in Taiwan and becoming an approved supplier for Orsted. Financially, PTSC exceeded its targets, achieving consolidated revenue of VND 17,081 billion and profit before tax of VND 1,174 billion, with foreign markets contributing over 40% of revenue. On the sustainability front, the company maintained a strong safety record with 16 million safe working hours and zero lost-time injuries, while investing VND 20.2 billion in social security programs across Vietnam.

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Document Details

Report Year

2022

Reporting Period

Jan 1, 2022 - Dec 31, 2022

Fiscal Year

2022

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Employees