DPM says eight-month profit exceeds target

PetroVietnam Fertilizer & Chemical Joint-Stock Co. (HOSE: DPM), Vietnam’s biggest fertilizer producer, said profit in the first eight months beat a forecast full-year target.

Pretax income reached about VND1.1 trillion (US$62 million) on sales of more than VND4.6 trillion dong in the January-to-August period, Chairman Nguyen Xuan Thang said in Hanoi Tuesday.

The Ho Chi Minh City-based company earlier forecast a full- year profit of VND1 trillion on revenue exceeding VND5.8 trillion.

thanhnien, bloomberg

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