This information was revealed in the recently published financial report of the company. With this revenue and profit after seven months of operation, the company has achieved 75.3% of its revenue target and 207% of its profit plan for the entire year.

At the end of June, PVCFC's total assets were nearly 18,160 billion VND, an 18% increase compared to the beginning of the year. Of this, 15,402 billion VND were short-term assets, a 19% increase. Cash and deposits increased by 23.5% to over 11,000 billion VND. Short-term receivables increased by 2.2 times compared to the beginning of the year, reaching nearly 670 billion VND. Inventory decreased by 4% to over 2,800 billion VND.

On the other side of the balance sheet, the majority of payables are short-term, reaching 6,975 billion VND, a 49% increase. Short-term borrowings increased by 38%, reaching 1,706 billion VND.

Ca Mau NPK fertilizer product. Photo: PVCFC

Ca Mau NPK fertilizer product. Photo: PVCFC

A PVCFC representative said the results were largely due to the high efficiency of production and sales, especially for key products like urea, NPK, and exports. The company controlled input costs well and optimized production and distribution processes, thereby increasing gross profit margin compared to the same period last year.

PVCFC recorded an EPS (earnings per share) of 3,058 VND, exceeding the industry average and demonstrating stable profitability per share. ROE remained high, reflecting good capital utilization in a volatile market.

The company maintains a safe financial structure with positive net cash flow, a low debt ratio, and effectively controlled financial leverage. The policy of paying a cash dividend of 2,000 VND per share continues to be maintained regularly, ensuring stable shareholder benefits.

A solid financial foundation and abundant cash flow provide many advantages for PVCFC. The company maintains stability and expands operations effectively: ensuring short- and medium-term payment ability and reducing dependence on external debt.

In parallel, the company also invests in upgrading its factory and expanding production lines to increase productivity and diversify products. The company has implemented programs to support agents and customers to expand market share without significantly affecting cash flow.

Ca Mau nitrogen fertilizer production line. Photo: PVCFC

Ca Mau nitrogen fertilizer production line. Photo: PVCFC

In the first seven months, PVCFC also increased investment in logistics, warehouses, and agents in new markets, maintaining a stable dividend policy, increasing the value of DCM shares in the market.

A representative of Ca Mau Fertilizer said that positive signals from the market are creating a favorable foundation for the company to accelerate in the second half of the year. Global fertilizer prices have recovered slightly, along with improved domestic and export demand, opening up growth potential. PVCFC is well-prepared with reasonable inventory, stable factory operation, and a nationwide distribution network.

Along with the business plan, the implementation of flexible and reality-based financial strategies contributes to shaping the company's safe financial structure.

"With the current growth momentum, PVCFC is assessed to have a basis to exceed this year's business targets, continuing to build confidence in the investment community," said a company representative.

Hoang Dan