Pakistan, Vietnam Firms Report Mixed Earnings

Pakistan Oilfields reported first-quarter revenue of PKR 16.8 billion and net income of PKR 8.5 billion, up from PKR 13.4 billion and PKR 5.9 billion a year earlier. PC3 Investment’s third-quarter revenue fell to VND 17.7 billion from VND 26.2 billion, and it swung to a VND 3.6 billion loss; nine-month revenue and net income also declined. Danang Port posted higher third-quarter revenue and net income, reaching VND 475.8 billion and VND 138.9 billion, with gains also reported for the first nine months. Development Investment Construction No. 2’s third-quarter net income fell to VND 532 million from VND 1.5 billion. Petroleum General Distribution Services reported strong growth, with third-quarter revenue rising to VND 3.51 trillion and net income to VND 65.2 billion; both measures also increased over the first nine months.