Viet Nam National Petroleum Group has explained the reviewed financial statement in first six months of 2021 compared to the same period of last year as follows:
Unit: VND
Code
Item
From 01/01/2021 to 06/30/2021
From 01/01/2020 to 06/30/2020
Difference
Profit after tax
1
Separate financial statement
1,137,652,193,464
-991,888,570,795
2,129,540,764,259
2
Consolidated financial
2,330,557,273,672
-692,542,926,312
3,023,100,199,984
Based on the separate and consolidated financial statements, the profit after in the first 06 months of 2021 was profitable compared to the first 06 months of 2020 because the Covid-19 epidemic was changed, and the world oil price (WTI) tended to increase steadily from 47.62 USD/barrel at the beginning of the quarter to 73.47 USD/barrel at the end of the quarter (equivalent to an increase of 54%), so the petroleum activities are profitable.