AsemconnectVietnam - Duc Giang Chemicals Group Joint Stock Company (code DGC - HOSE) has adjusted the Investment Registration Certificate for Project No. 1 of Duc Giang Nghi Son Chemicals Complex.

First, according to the survey, the market demand for chemicals (such as Potassium Sulfate K2SO4; H202; PCI3; PCI5; battery...) is very large; in terms of production technology, these chemicals can be simply prepared from products or by-products of phase 1, so the Company wants to expand some products and carry out investment in phase 2.
For phase 2, the designed capacity is 75,500 tons of chemicals/year including 20,000 tons/year of Potassium Sulfate K2SO4; 15,000 tons/year of H2O2; 500 tons/year of pure, basic chemicals; and 2 million kWh/year of battery, equivalent to 40,000 tons/year.
Second, update the project location according to the new administrative boundaries, the project is located in Dong Vang Industrial Park, Industrial Zone No. 15, Nghi Son Economic Zone, Truong Lam Commune, Thanh Hoa Province.
Third, adjust the total investment capital for both phases to VND2,900 billion (previously the project investment capital was VND2,400 billion). In which, the purpose is to add more capital to implement phase 2.
And finally, adjust the project progress when phase 1 is expected to be completed and put into operation in the second quarter of 2026; and phase 2 will apply for investment procedures from the third quarter of 2025 to the third quarter of 2026, expected to be completed and put into operation from the fourth quarter of 2027.
Regarding business activities, in the second quarter of 2025, Duc Giang Chemicals recorded revenue of VND2,894.4 billion, an increase of 15.6% over the same period, and profit after tax of VND890.78 billion, a slight increase of 2.3% over the same period last year. Notably, gross profit margin decreased from 39.2% to 33.9%.
In the first half of 2025, Duc Giang Chemicals recorded revenue of VND5,704.7 billion, an increase of 16.7% over the same period, and profit after tax of VND1,727.57 billion, an increase of 9% over the same period last year.
In 2025, Duc Giang Chemicals set a target of total consolidated revenue of VND10,385 billion, an increase of 5% compared to 2024, but profit after tax is expected to decrease by 3.4% to VND3,000 billion.
Thus, ending the first half of 2025 with a profit after tax of VND1,727.57 billion, the Company has completed 57.6% of the 2025 plan.
N.Nga
Source: VITIC/Tinnhanhchungkhoan