BSR maintains BB+ credit rating for 3 consecutive years with stable outlook

Binh Son Refining and Petrochemical Joint Stock Company (BSR) said that it has received notification from international credit rating organization Fitch Ratings about the assessment results for 2025. Accordingly, Fitch Ratings continues to maintain BSR's overall credit rating at BB+ with a Stable Outlook. This is the third consecutive year that BSR has been rated by Fitch Ratings with a long-term default credit rating at BB+ with a "Stable Outlook".

BSR maintains BB+ credit rating with stable outlook for 3 consecutive years.

Being ranked BB+ for three consecutive years has affirmed BSR's position and prestige in the international financial market, and at the same time reflects the important role of the unit in ensuring national energy security, national defense and actively contributing to promoting local socio-economic development. According to the report, Fitch Ratings highly appreciates BSR's strategic role in ensuring national energy security. The enterprise has a strong financial profile, high liquidity and receives a lot of strategic support from Petrovietnam .

In 2024, Dung Quat Oil Refinery will maintain continuous safe operation, with an output of 6.6 million tons, revenue of more than VND 123 trillion, and a contribution to the state budget of over VND 13 trillion. And in early 2025, BSR shares will be officially listed on the HOSE. In the first 9 months of 2025 alone, BSR's production output will reach over 5 million tons, revenue of more than VND 105 trillion, contribution to the state budget of nearly VND 11 trillion, and profits exceeding the set plan.

Source: https://quangngaitv.vn/bsr-03-nam-lien-giu-vung-xep-hang-tin-nhiem-bb-voi-trien-vong-on-dinh-6508345.html