PVD: Explanation of the 2024 Audited Financial Statements Compared to the Previous Year

PVD Company has just announced its audited financial results for 2024. Accordingly, the company’s revenue and profit have significantly increased compared to last year. Specifically, revenue reached 1.5 trillion VND, an increase of 15% from 2023. Pre-tax profit also rose by 20% to 300 billion VND. The reasons for this growth are attributed to an increase in drilling service contracts, improved operational efficiency, and cost reductions. Additionally, the company has intensified investments in new technologies to enhance business effectiveness. PVD also mentioned its plan to continue expanding market share and is optimistic about prospects in the coming years.

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