Petrovietnam Gas reports VND 16.6 trillion profit: what it means for Petrovietnam Gas stock
Published on 10/16/2026 at 10:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSProfit and project milestones
- PV GAS reported VND 16.6 trillion in pretax profit for the first nine months of 2026 on October 15, 2026.
- A planned LNG and power chain in Hai Phong has a projected capacity of 1,600 MW from October 14, 2026.
- A 25 percent cash dividend is scheduled for payment on November 20, 2026.
Petrovietnam Gas (ISIN VN000000GAS3) reported more than VND 16.6 trillion in consolidated pretax profit for the first nine months of 2026, up 31.00 percent from the same period a year earlier. VietnamBiz reported the results on October 15, 2026, making earnings and capital allocation the main issues for Petrovietnam Gas stock.
Revenue growth outpaces the plan
Revenue exceeded VND 120.9 trillion in the first nine months, a 30.00 percent year-over-year increase. The figure was 16.00 percent above the statutory plan and 13.00 percent above the management plan, while pretax profit exceeded the statutory target by 97.00 percent and the management target by 55.00 percent.
Third-quarter revenue was estimated at VND 38.9 trillion, up 9.00 percent year over year, while third-quarter pretax profit reached VND 5.4 trillion, up 69.00 percent. Gas and LNG received, produced and sold during the first nine months rose 18.00 percent year over year, and Th? V?i regasification capacity reached 288 tonnes per hour.
Three events shape the stock story
On September 14, 2026, shareholders approved a 25.00 percent cash dividend for 2025, equal to VND 2,500 per share, while the company appointed Bùi Minh Ti?n as chair and D??ng Trí H?i as chief executive for 2026-2031, according to VietnamBiz. On October 14, 2026, PV GAS and PV Power agreed to study an LNG terminal and power project chain in Hai Phong with projected capacity of 1,600 MW, PetroTimes reported. On October 15, 2026, the company reported the nine-month figures above.
What does profit growth mean for cash flow?
The dividend plan converts part of the stronger earnings into a defined shareholder payment. The planned distribution totals VND 6.032 trillion, with more than 2.4 billion shares outstanding, and the payment date is November 20, 2026, according to MoneyF. That creates a concrete cash-flow milestone alongside the LNG expansion program.
Dates investors can follow
The next substantiated date is November 20, 2026, the scheduled payment date for the 2025 cash dividend.
Market value stays part of the picture
Petrovietnam Gas had a market capitalization of VND 189.7 trillion after its October 14, 2026 close. The combination of higher nine-month profit, a planned dividend and LNG infrastructure studies gives the stock a measurable operating and capital-return narrative.
Petrovietnam Gas stock facts
- Company: Petrovietnam Gas Joint Stock Company
- ISIN: VN000000GAS3
- Ticker: GAS.VN
- Primary exchange: HOSE
- Quotation currency: VND
- Market capitalization: VND 189.7 trillion (as of October 14, 2026)
- Sector: Utilities
Market context: Latest market reports.
