AsemconnectVietnam - In Q1/2026, Ca Mau Petroleum Fertilizer Corporation (PVCFC, ticker DCM - HOSE) achieved revenue of VND5,370 billion and pre-tax profit of VND837 billion, far exceeding the quarterly plan.

This information was shared by PVCFC leaders at an investor meeting on April 10th. Also in Q1, the Corporation's sales volume reached 465,000 tons, with exports continuing to play a leading role, helping the company maintain its growth rate even as the domestic market has not fully recovered.
In 2025, PVCFC is in a highly stable operating state. Consolidated revenue reached VND17,033 billion, the highest level ever, while pre-tax profit reached VND2,207 billion, a strong increase compared to the previous year. The foundation lies in maintaining plant capacity exceeding design capacity by over 118% over a long period, while simultaneously optimizing energy consumption. These two indicators reflect the quality of operational management rather than simply the scale of production.
Exports continue to be a highlight for PVCFC, with export volume reaching 458,000 tons in 2025, generating $192.7 million in revenue, setting a new record and expanding presence to 22 countries. Conquering high-standard markets like the US and Australia means more than just sales; these are the most stringent "test markets" for product quality and compliance globally. Once these barriers are overcome, the potential for expansion into other markets becomes significantly more favorable.
A notable change at PVCFC is in its product structure, with the introduction of food-grade CO₂ into commercialization from the beginning of 2026, marking a shift towards the industrial gas sector. This is a clearly strategic direction, leveraging existing gas resources and infrastructure to expand into higher value-added products while reducing dependence on fertilizer price cycles.
In 2026, when the market is in an unpredictable phase, PVCFC prioritizes quality growth over speed. Key tasks revolve around strengthening data management systems, applying AI and digital operating models, and developing a multi-tiered product portfolio including inorganic and organic fertilizers, single fertilizers, microbial and biological products, soluble fertilizers, foliar fertilizers… providing comprehensive nutritional solutions for crops and applying modern technology to production.
Simultaneously, the investment portfolio demonstrates a value chain expansion strategy. Projects to increase the capacity of the urea plant, develop the port and warehouse system, invest in industrial gas, and establish a high-tech agricultural center and post-harvest processing facility are being implemented according to a multi-year roadmap. This approach helps PVCFC gradually shift from being an input supplier to a more deeply involved role in the entire agricultural production and consumption chain.
Previously, November 11, 2025 marked a significant step in PVCFC's development roadmap when it transformed its operating model into a Corporation to meet the needs of improved governance and expanded growth potential. The Corporation model allows the enterprise to increase its proactive approach in resource allocation, develop related business areas, and gradually form a multi-pillar structure: fertilizers, industrial gas - chemicals, and post-harvest processing. This also serves as a foundation for PVCFC to implement larger-scale long-term strategies, while enhancing its connectivity and deeper participation in the agricultural-industrial value chain during the 2026-2030 period.
According to the plan, PVCFC will hold its 2026 Annual General Meeting of Shareholders (AGM) on April 22, 2026, at the Ho Chi Minh City Representative Office of the Ca Mau Petroleum Fertilizer Corporation, located at 173-179 Truong Van Bang Street, Cat Lai Ward, Ho Chi Minh City. The meeting will be conducted in a hybrid format: in-person and online, and will utilize electronic voting to increase convenience and transparency for shareholders located far away.
At the AGM, presentations will focus on core factors influencing the company's value, including business results, financial statements, profit distribution plans, and dividend plans. Simultaneously, issues regarding governance structure and internal mechanism adjustments were also raised to ensure the operational system is appropriate to the scale and development direction in the new phase.
The PVCFC leadership expects the General Meeting of Shareholders to be an opportunity to summarize operations and strengthen shareholder cohesion to unify strategic directions for the coming period. The company is committed to maintaining governance discipline according to listed company standards, ensuring transparency in information disclosure, and creating favorable conditions for shareholders to participate and fully exercise their voting rights.
Through the meeting with investors, the PVCFC leadership spent time exchanging, listening to, and receiving feedback from investors and shareholders regarding operational activities, development strategies, and governance issues. This approach demonstrates a commitment to enhancing two-way interaction, thereby further improving decision-making and enhancing the quality of corporate governance in the new context.
N.Nga
Source: VITIC/Tinnhanhchungkhoan