AsemconnectVietnam - Binh Dien Fertilizer Joint Stock Company (code BFC - HOSE) has just approved the estimated results of the production and business plan of the second quarter, the first 6 months of 2023 and the plan of the third quarter of 2023.

Specifically, in the second quarter, BFC estimated production output reached 157,035 tons, up 21.3% over the same period in 2022; sales volume reached 161,063 tons, up 48.5%. Accordingly, the Company recorded total revenue of VND2,372 billion, consolidated pre-tax profit of VND88.2 billion, respectively increasing by 28.2% and decreasing by more than 10% in the same period last year. The parent company alone reached VND58.3 billion, up 16.4%.
Accumulated in the first 6 months of 2023, Binh Dien Fertilizer estimated its production output to reach 235,604 tons, down 14.3% over the same period last year; sales volume reached 239,632 tons, down 12%, completing 40.2% and 40.9% of the year plan, respectively.
The company recorded a total revenue of 6 months of VND3,739.5 billion, down 16.6% compared to the same period in 2022; Consolidated pre-tax profit reached VND48.9 billion, down by more than 76% in the same period in 2022. The parent company alone reached VND60 billion, down 46.3%.
In 2023, Binh Dien Fertilizer sets a business plan with the target of total revenue of VND7,476.5 billion and consolidated profit of VND220 billion. Thus, at the end of the first half of the year, the Company completed 50% and 22% of the year plan, respectively.
Entering the third quarter, the Company set a production and business plan with production output and consumption volume reaching 158,091 tons. Accordingly, BFC expects total revenue to reach VND1,868.8 billion; consolidated profit after tax reached VND66 billion and the parent company alone reached VND45 billion.
N.Nga
Source: VITIC/Tinnhanhchungkhoan