AsemconnectVietnam - PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo – Phu My; stock code DPM) has just announced its production and business results for the first two months of the year, with many targets exceeding the plan.

In the first two months of 2026, building on the successful completion of the overall maintenance of the Phu My Urea Plant, PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo – Phu My; stock code DPM) recorded many targets exceeding the plan, creating a favorable foundation for completing the year's tasks.
Specifically, in the first two months of 2026, the cumulative production of Phu My urea (converted) is estimated at over 91,600 tons, equivalent to 110% of the two-month plan; the production of Phu My NPK is estimated at over 28,600 tons, equal to 155% of the plan; The production of UFC85 is estimated to reach over 1,600 tons, equivalent to 177% of the planned target.
In the business sector, the total consumption of Phu My urea and products derived from Phu My urea is estimated to reach over 146,000 tons, completing 114% of the 2-month plan. Phu My NPK alone is estimated to reach over 25,700 tons, achieving 124% of the plan. Most financial indicators exceeded the assigned targets for the same period.
In 2026, PVFCCo - Phu My aims to produce 903,000 tons of urea equivalent, 180,000 tons of Phu My NPK, 10,000 tons of UFC85, and 129,000 tons of chemicals. The results achieved in the first two months of the year, with many indicators reaching 110% - 155% of the plan, show that the technical foundation after maintenance has been solidly strengthened, and also reflect the effectiveness of flexible and market-oriented management.
Looking into March and the following quarters, the Corporation is determined to continue maintaining stable operation, optimizing the capacity of production lines, ensuring supply for the domestic market, while simultaneously boosting exports and increasing the efficiency of commercial activities. Simultaneously, the enterprise will focus on controlling input costs, improving the efficiency of resource utilization, and accelerating the progress of investment projects according to plan.
N.Nga
Source: VITIC/Tinnhanhchungkhoan