Chemical giant Vinachem subsidiaries post mixed profits in 6 months
Danang Rubber JSC and Lix Detergent JSC reported after-tax profit down 49% and 18.5% in the first six months of this year, respectively, while Lam Thao Fertilizers and Chemicals JSC posted profit up 14%.
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
State giants reap record profits in 2022
A number of Vietnamese state-run giants have announced record revenues and profits in 2022, despite the global economic downturn.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Chemical giant Vinachem reaps record profit on surging prices
State-run chemical group Vinachem reported a consolidated profit of VND6,023 billion ($256.8 million) in 2022, up 2.8 times year-on-year and a record high thanks to inflated fertilizer prices.
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
Chemical giant Vinachem sees record high profit on fertilizer price hike
State-run group Vinachem recorded a profit of VND5,404 billion ($224 million) in the first nine months of the year, nearly triple the year's target, as fertilizer prices remained high.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Show some love to make your factory better: PM
Prime Minister Pham Minh Chinh advised leaders of a state-owned giant fertilizer plant in Ninh Binh province to “really love” their own factory in order to make it work better.
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
National chemical corporation reports 31-fold increase in H1 profit
State-run Vietnam National Chemical Group recorded a consolidated profit of VND4,098 billion ($175 million) in the first six months of the year, 31 times higher than the same period last year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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