AsemconnectVietnam - Binh Dien Fertilizer JSC (code BFC - HOSE) has just announced its estimated business results for the first quarter and business plan for the second quarter of 2025.

In the first quarter, the Company estimated to reach 192,530 tons, equal to 128.5% of the same period last year; sales output reached 196,867 tons, equal to 138.3% of the first quarter of 2024. Accordingly, total revenue is estimated at VND2,623.4 billion and consolidated pre-tax profit reached VND124.7 billion, equal to 133% and 137% of the same period last year, respectively.
With this result, the Company has achieved 35.3% of the total revenue target and 44.5% of the pre-tax profit target compared to the 2025 plan.
On April 29, Binh Dien Fertilizer will hold the 2025 Annual General Meeting of Shareholders and present to shareholders a business plan with a production output and sales target of 605,000 tons, of which the parent company targets 310,000 tons. Accordingly, the consolidated revenue target is expected to reach VND7,438.3 billion and the consolidated pre-tax profit will reach VND281 billion, respectively down 21% and 47% compared to the results achieved in 2024.
The Company believes that in 2025, the international and domestic situation is forecasted to have many unfavorable factors, unstable prices of agricultural products and fertilizers, and complicated weather conditions. In addition, the issue of trade protectionism and trade wars between major countries is increasingly fierce, especially the impact of the Russia-Ukraine conflict... will continue to affect the operations of domestic fertilizer production and trading enterprises.
Entering the second quarter, Binh Dien Fertilizer set production and consumption targets of 166,588 tons and 169,588 tons, respectively. Total revenue is expected to reach VND2,185.4 billion and consolidated pre-tax profit to reach VND87.5 billion.
Compared to the estimated performance in the first quarter, the Company has reduced its revenue target by 17% and its pre-tax profit target by 30%.
N.Nga
Source: VITIC/Tinnhanhchungkhoan