PetroVietnam Drilling Forecasts 2013 Profit to Increase 29%
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PetroVietnam Drilling & Well Services Joint-Stock Co., the country’s biggest listed oilfield services provider, forecasts profit this year may rise 29 percent as rates for drilling rigs increase.
Net income may reach 1.7 trillion dong ($81 million) in 2013 from 1.32 trillion dong last year, Chief Financial Officer Ho Ngoc Yen Phuong said in a phone interview yesterday. Sales are expected to be 13.1 trillion dong, compared with 11.9 trillion dong in 2012.