For the first six months of the year, PVCFC’s net revenue ped 26.2 per cent over last year to VNĐ6.03 trillion, with profit after tax posting a decrease of 79.5 per cent to VNĐ519.5 billion.
PetroVietnam Ca Mau Fertiliser Joint Stock Company (PVCFC) reported profit of VND200 billion (US$8.7 million) in the first half of this year, nearly four times higher than its plan set at VND54 billion.
PetroVietnam Ca Mau Fertiliser Joint Stock Company (PVCFC) reported its urea fertiliser volume reaching 157,000 tonnes, exceeding 17 per cent of its plan.
Corporate earnings were forecast to slow in 2020 as the economy became more vulnerable to external factors, data firms and securities businesses forecast.
The Ca Mau NPK fertiliser manufacturing plant with a capacity of 300,000 tonnes per year is expected to become operational in the second quarter of the year, according to PetroVietnam Ca Mau Fertiliser Joint Stock Company (PVCFC).
PetroVietnam is laying out plans to divest capital from the two biggest Vietnamese fertiliser companies – PetroVietnam Fertiliser & Chemicals Corp (DPM) and PetroVietnam Ca Mau Fertiliser Joint Stock Company (DCM) – to submit to authorities for consideration.
Fertiliser stocks are surprising the market with many large names hitting the ceiling prices, mainly due to the Ministry of Finance’s decision to make fertiliser subject to VAT at the preferential rate of 5 per cent.
PetroVietnam Ca Mau Fertiliser Company Limited (PVCFC)’s total output hit five million tonnes of urea on Thursday, after seven years of operation, vietnamplus.vn reports.
The PetroVietnam Ca Mau Fertiliser Company (PVCFC) on Wednesday signed a
memorandum of understanding (MoU) with Belgium''s Solvay chemical
company to develop solutions for effectively urea-use in agricultural
production.
PetroVietnam Ca Mau Fertiliser Company Limited (PVCFC) is set to earn
VND5.66 trillion (US$269 million) in revenues in 2014 from the sale of
780,000 tonnes of fertiliser.