Petrolimex Lao H1 profit up 73%

 12:21 PM @ Thursday - 09 July, 2015

The Petrolimex Lao One-member Limited Liability Company (Petrolimex Laos) organized a conference to review performance in the first half of 2015 and work out plans for the second half of 2015 in Vientiane on July 2 with the participation of the firm’s leadership and staff.

At the conference, Petrolimex Lao Finance Director Vu Ngoc Tu made a preliminary report on the business performance in the first six months of 2015, which has grown significantly compared to 2014 as follows:

+ Output: 53%,

+ Revenue: 71%,

+ Profit: 73%.

Petrolimex Lao Finance Director Vu Ngoc Tu makes a report on the firm’s first half performance

With the aim to maintain and continue these achievements, Petrolimex Lao Deputy Director Khambee Lattanavong, on behalf of the firm’s leadership, put forth development orientations for the second half of the year, including the continued promotion of the images of Petrolimex Laos, improved service quality to better serve customers, and the search for opportunities to expand business market, among others.

Petrolimex Lao Deputy Director Khambee Lattanavong presents plans for the second half of 2015

At the one-day conference, representatives from specialized divisions and departments and petrol station members shared experience in instructing and operating business activities, pointed out weaknesses and shortcomings, and recommended solutions to overcome difficulties in financial, accounting and business activities, as well as policies for favorable treatments of laborers, and so forth to ensure that they abide by Petrolimex Vietnam’s regulations and the laws of the Lao People’s Democratic Republic.

A worker from the Vientiane warehouse raises his opinion at the conference

A representative from Pakse branch office expresses his opinion at the conference

Making a speech to close the conference, Petrolimex Lao Chairman and General Director Phan Van Minh acknowledged achievements that the firm gained in the first half of the year thanked all cadres and workers for their contribution to the development of the firm. Besides these achievements, the General Director called for specialized divisions and departments to better their co-ordination to review and resystemize proposed plans, and to assess fulfillment, shortcomings and weaknesses to propose adequate solutions. The General Director stressed that human beings play a decisive factor, thus, it was necessary to continue enhancing the qualification of employees; to efficiently revoke debts; and to continue increasing retail sales, maintaining traditional wholesale customers and distribution agents, and developing petrol station system directly under Petrolimex Laos.

Petrolimex Lao Chairman and General Director Phan Van Minh gives a speech to close the conference

The conference successfully took place in the belief from all cadres and workers that Petrolimex Laos would continue its achievements for the remaining six months of 2015 to help further success of the Petrolimex brand name./.

Nguồn:  Nguyen Tien Dung
Petrolimex Laos