Vietnam's petroleum flagship Binh Son refinery Q2 net profit soars y/y to US$424mil

Binh Son, which owns a 130,000-barrel-per-day refinery in central Vietnam, said in a statement the recent surge in domestic fuel prices was behind its profit jump. - Vietnam News/ANN

HANOI, July 26 (Reuters): Vietnam's Binh Son Refining and Petrochemical recorded net profit of 9.91 trillion dong (US$424 million) in the second quarter, up by nearly six times from a year earlier, the company said on Tuesday.

Binh Son, which owns a 130,000-barrel-per-day refinery in central Vietnam, said in a statement the recent surge in domestic fuel prices was behind its profit jump.