Fertilizer Companies Report Significant Profit Increases, Stocks Surge to Historic Highs

CTCP Phân bón và Hóa chất Dầu khí Miền Bắc (PMB) and Công ty Cổ phần Phân lân Ninh Bình (NFC) recently released their Q1 2025 financial reports. PMB achieved revenue of 735 billion VND, a 41% increase year-on-year, and a net profit of 9 billion VND, doubling from Q1 2024. Meanwhile, NFC reported a 62% revenue growth to 453 billion VND, with a net profit of 39 billion VND, nearly tripling that of the same period last year. Both stocks surged to the ceiling price on April 21, with PMB reaching 10,200 VND/share, the highest in 6 months, and NFC hitting 29,400 VND/share, marking a historic peak. The positive financial results boosted stock prices significantly.

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