December 30, 2023 | 17:55 (GMT+7)
NSRP contributes about USD 820 million to State budget in 2023
The Nghi Son Refinery & Petrochemical Limited Liability Company (NSRP) achieved a net revenue of about USD 6.4 billion in 2023 and contributed about USD 820 million to the State budget.
According to General Director of NSRP So Hasegawa, the company has promoted effective governance and achieved significant progress in transformation initiatives, which helped it earn additional USD 31 million in 2021 and 2022, and USD 118 million for 2023. The figure is estimated at USD 50 million per year in the near future.
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A vessel carries oil to the Nghi Son Refinery & Petrochemical Limited Liability Company (NSRP). |
NSRP also completed the first comprehensive overhaul of its factory within 47 days and nights, 7 days earlier than planned. The success of the maintenance allowed NSRP to increase the plant's capacity by 117%, resulting in increased product quality and output.
In 2023, NSRP successfully produced nearly 7.6 million tons of products of all kinds, meeting the production targets.
The company’s initial restructuring has generated positive results, helping increase its productivity, product quality, and output.
Source: VNA