PVCFC (DCM) estimates over VND1,000 billion net profit in 2024
Thursday, January 2,2025AsemconnectVietnam - At the 2024 Investor Meeting of Ca Mau Petroleum Fertilizer Joint Stock Company (PVCFC, code DCM - HOSE), the company said that in 2024, the parent company is estimated to achieve revenue of VND12,931.8 billion, after-tax profit is estimated at VND1,016.11 billion.
In 2024, PVCFC's production and business activities will be in the context of the economy facing increasing conflicts and political tensions in the world; the level of access to information technology of the people is increasingly developing; the trend of using green energy, reducing environmental emissions, agricultural production facing many difficulties and challenges...
However, the company also has many advantages when the Ca Mau Fertilizer brand is increasingly trusted; flexible sales policies, harmoniously balancing domestic supply and export; Vietnam Oil and Gas Group (PVN) ensures the supply of gas for the factory to operate effectively.
The parent company's production and business results in 2024, PVCFC's total revenue is estimated to reach VND12,931.8 billion, after-tax profit is estimated at VND1,016.11 billion. Export and international business continue to be a bright spot in Ca Mau Fertilizer's business, with an estimated export output of 330 thousand tons, an estimated export value of VND3,048 billion. PVCFC is the first Vietnamese enterprise to receive a certificate for bulk cargo export to the Australian and New Zealand markets, marking the presence of its products in nearly 20 countries and territories worldwide.
PVCFC currently owns 03 factories including Ca Mau Fertilizer Factory, Ca Mau NPK Factory and Han - Viet NPK Factory with a total capacity of up to nearly 1.5 million tons of fertilizer/year.
In addition to the above results, last year, Ca Mau Fertilizer achieved many outstanding achievements: Successful M&A with Han-Viet Fertilizer Company Limited; construction of the second factory in Binh Dinh province; official establishment of a representative office at 173 - 179 Truong Van Bang, Thanh My Loi, Thu Duc City, Ho Chi Minh City; PVCFC cooperated with Samsung to distribute fertilizers globally; for the sixth consecutive time received the "National Brand" honor, becoming the exclusive distributor of DAP 64 gold/natural with the world's leading chemical fertilizer group Van Thien Hoa; officially opened the first Urban Agriculture Supermarket in Ho Chi Minh City...
PVCFC's Board of Directors is organized, operates and practices according to good international practices based on the ASEAN Governance Scorecard (ACGS). The Company's Board of Directors has issued the ESG Strategic Orientation - Sustainable Development and issued a separate 2023 Sustainable Development Report, and implemented the construction of the decentralization matrix (RACI).
PVCFC is honored to be listed in: Top 10 Best Corporate Governance Enterprises; Enterprise with the highest reliability report - Sustainable development report and especially PVCFC is one of two enterprises recognized for Corporate Governance beyond compliance...
N.Nga
Source: VITIC/Tinnhanhchungkhoan
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