PVOIL will hold 2022 AGMS under online form

PetroVietnam Oil Corporation (PVOIL, stock code: OIL) announced the final registration date to exercise the right to attend the 2022 Annual General Meeting of Shareholders (AGMS) is March 30, 2022.

PVOIL is expected to hold the 2022 Annual General Meeting of Shareholders at 8:30AM on April 28, 2022, under online form.

At the meeting, the corporation’s Board of Management will seek shareholders’ opinions on several important issues. The content of the meeting will include Report on activities of the Board of Directors in 2021 and operation orientation in 2022, Report on business performance in 2021 and plan in 2022, Audited consolidated financial statements for 2021, Profit distribution plan in 2021, and Selection of audit unit for 2022;…

In 2021, PVOIL overcame the difficulties of the Covid-19 pandemic and recorded positive business results with financial targets reaching and exceeding the plan. Consolidated revenue was reported at more than 57,800 billion VND, up 15% compared to 2020. Consolidated pre-tax profit hit 932.8 billion VND, a record high.

In the first months of 2022, in the face of fluctuations in the petroleum market due to supply shortages, PVOIL has closely followed market fluctuations and coordinated with domestic refineries as well as foreign petroleum suppliers to ensure a stable supply for at its retail store, contributing to stabilizing the market.

In 2021, PVOIL held Annual General Meeting of Shareholders virtually for the first time.

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