AsemconnectVietnam - Yen Bai Industrial Minerals Joint Stock Company (stock code YBM) has just announced the documents for its Annual General Meeting of Shareholders to be held on April 3rd.

According to the documents, the company anticipates that the CaCO3 industry will experience slight to stable growth in 2026, with no signs of a strong boom yet. Demand from the PVC, plastics, filler masterbatch, and paint industries remains the main driving force, especially in India, China, Bangladesh, etc.
However, the market is predicted to continue to maintain a high level of price competition, stemming from the continued expansion of CaCO3 production capacity in Vietnam in particular and in limestone powder exporting countries in general. At the same time, customers are increasingly focusing on optimizing input costs and tend to maintain short-term purchasing strategies to increase flexibility. These factors will continue to put pressure on the price levels and profit margins of suppliers in the coming period.
In addition, the outbreak of conflict in the Middle East has caused a sharp increase in oil prices, affecting transportation operations and logistics costs, while the company's export revenue accounts for 40% of its total revenue. Furthermore, the domestic economy is also affected, with pressure from exchange rates and interest rates... These are the challenges facing YBM in 2026.
YBM clearly identifies opportunities for itself as the Indian market maintains strong and stable demand, some customers tend to diversify their supply sources beyond the domestic market, and there is an opportunity to increase market share if consistent quality and reliable delivery are maintained. However, the company also recognizes the challenges of prolonged price pressure in the region, the risk of high dependence on a few large markets such as India and China, and increasingly stringent quality and stability requirements from large customers.
Clearly identifying opportunities and challenges, the company plans its 2026 business with a target revenue of VND1,150 billion, pre-tax profit of VND45.2 billion, and after- tax profit of VND36.1 billion, all representing a 31% increase compared to 2025.
In 2025, YBM achieved impressive results with revenue of VND876 billion, completing 106.8% of the planned target and increasing 13.6% compared to 2024. After-tax profit reached VND27.5 billion, completing 127.9% of the planned target and increasing 106.7% compared to 2024.
N.Nga
Source: VITIC/Tinnhanhchungkhoan