PLX – strong net profit growth in 2016 but this will be difficult to sustain in the future
PLX – strong net profit growth in 2016 but this will be difficult to sustain in the future
May 09, 2017
■ Leading petroleum company in Vietnam, with nearly 50% local retail market share in 2016 and a network of more than 5,200 sales points across the country
■ Rising competition is putting pressure on PLX
■ PLX is affected by fluctuations in crude oil prices and exchange rates