Phu My Fertilizer estimates $12 mln in Q1 pre-tax profit
Petrovietnam Fertilizer and Chemicals Corporation (Phu My Fertilizer) expects to earn VND3.3 trillion ($132 million) in revenue and VND300 billion ($12 million) in pre-tax profit in the first quarter of 2024, exceeding both targets, according to CEO Phan Cong Thanh.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Phu My Fertilizer to pay 2023 cash dividends at 20%
Petrovietnam Fertilizer and Chemicals Corporation (Phu My Fertilizer) plans to pay cash dividends at a rate of 20%, equivalent to VND783 billion ($31.32 million), in 2023.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Major fertilizer firms' profits drop sharply in Q1
Twenty six listed fertilizer companies in Vietnam posted a combined after-tax profit of VND1.38 trillion ($58.6 million) in the first quarter of the year, down 81% year-on-year, according to KIS Vietnam Securities.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Fertilizer firms advised to cut costs, save energy amid less favorable conditions
Fertilizer producers should reduce costs, use energy efficiently, and optimize production processes as favorable factors for business are forecast to decrease in 2023, said Phung Ha, vice president and general secretary of the Vietnam Fertilizer Association.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Fertilizer producers record profits exceeding year plans
Many fertilizer companies have reported after-tax profits exceeding the whole year's plan in the first nine months of the year as prices remained high.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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