According to the plan approved by the General Meeting of Shareholders, BSR will issue 1,906,807,263 bonus shares at a ratio of 61.5% (meaning shareholders owning 100 shares will receive an additional 61.5 shares). After the issuance, BSR’s charter capital will increase by over VND 19 trillion to surpass VND 50 trillion, placing the company among those with the largest charter capital on HoSE.
This large-scale bonus share issuance not only affirms BSR’s strong internal accumulation and operational efficiency but also demonstrates its strategic vision in strengthening equity, preparing financial resources for the Dung Quat Refinery Upgrade and Expansion Project, and delivering sustainable value to shareholders.

Building on its strong business performance, BSR has once again maintained its BB+ credit rating with a Stable Outlook by Fitch Ratings for the third consecutive year (2023–2025), equivalent to that of Petrovietnam and the Government of Vietnam. Maintaining this high rating, along with the large-scale bonus share issuance, reaffirms BSR’s brand reputation, management capability, and solid financial foundation, further strengthening investor confidence in the company’s sustainable growth prospects.

In the first nine months of 2025, thanks to comprehensive solutions and flexible management, all of BSR’s production and financial indicators exceeded targets. The Dung Quat Refinery operated at an average capacity of 118%, with total production of 5.87 million tons, achieving 117% of the production target and 108% of the management plan.

Revenue for the first nine months reached over VND 105 trillion, contributions to the State budget were about VND 10.7 trillion, and post-tax profit exceeded VND 2 trillion. These impressive figures reflect BSR’s operational excellence and sustainable business strategy.

In addition to its strong internal capacity, BSR’s business performance benefited from a favorable crack spread, especially for Jet-A1 and 0.05S Diesel products. Higher sales volume helped the company maintain record-high business efficiency. Key process units such as RFCC, CCR, NHT, ISOM, PP… continued to operate stably at high capacity, ensuring product quality and technical standards.

Beyond maintaining its position in the domestic market, BSR’s international business activities in 2025 recorded significant growth, contributing positively to total revenue and profit. The company actively expanded commercial cooperation, signing long-term export contracts and MoUs with partners across Southeast Asia, particularly strengthening exports to Laos, Cambodia, Myanmar, Indonesia, and several emerging markets in East Asia. This expansion not only helps BSR diversify revenue sources and reduce dependence on the domestic market but also enhances resilience amid global oil price and demand fluctuations.

BSR