The Cà Mau Petroleum Fertilizer Joint Stock Company (DCM) has reported its 2024 financial results, employing 1,430 staff with total labor costs nearing 949 billion VND. Each employee earns an average of over 55 million VND/month. The management board of DCM, comprising 18 members, collectively earned 27.4 billion VND; with Chairman Trần Ngọc Nguyên and CEO Văn Tiến Thanh receiving 2.5 billion VND/year each, which is considered high compared to industry standards. Last year, DCM’s revenue reached nearly 13,942 billion VND, net profit amounted to 1,428 billion VND, a 27% increase year-on-year. The company aims for a cautious net profit of 774 billion VND for 2024. The Vietnam Oil and Gas Group (PVN) holds 75.56% of DCM’s shares, which captures about 10.6% of the domestic fertilizer market.
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