Wednesday, 09/04/2008 21:12

DPM: Business result in Q1/08

Petrovietnam Fertilizer and Chemical Joint Stock Company (PVFCCo) has informed of business result in Q1/08 as follows:

Urea production: 197,825 tons, gaining 26.7% of plan

Consumption of urea: 113,825 tons, gaining 15.4% of plan

Consumption of imported fertilizer: 55,000 tons, gaining 22% of plan

Consumption of amoniac: 10,730 tons, gaining 30.7% of plan

Total revenue: VND1,221.88 billion, gaining 27.8% of plan

Profit before tax: VND425.5 billion, gaining 35.8% of plan

In March 2008, the company signed contract of importing 101,000 tons of fertilizer.

Prepare for setting up Petrovietnam Fertilizer and Chemical Corporation under the model of parent company – subsidiary company.

HoSE

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