In Q3 2025, Cà Mau Fertilizer Company (DCM) recorded an estimated revenue of 3,418 billion VND, up 28% year-on-year, with pre-tax profit reaching 344 billion VND, 2.6 times higher than the same period. Cumulatively in 9 months, total revenue reached 13,241.6 billion VND, and pre-tax profit was 1,686.11 billion VND. Consumption of Urea and NPK was also positive, with 631.57 thousand tons of Urea and 249.87 thousand tons of NPK sold. The company has completed 95% of its revenue target and exceeded its annual profit plan for 2025. However, company leaders requested support from Petrovietnam to address difficulties regarding long-term gas supply and bidding issues. VCBS analysis shows that DCM has positive prospects due to decreasing input gas costs and recovering domestic demand. However, risks remain from potential fluctuations in gas prices and global Urea prices.
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