Hà Bắc Fertilizer and Chemical Joint Stock Company (DHB) announced its Q3 2025 financial report showing total revenue of 651 billion VND, down 36% year-on-year. The company incurred a net loss of 96 billion VND, compared to a profit of 38 billion VND a year earlier. The loss was attributed to extended machine downtime for renovations and equipment upgrades, resulting in reduced production output. Despite a favorable global urea market and rising urea prices, company sales suffered due to decreased production. For the first nine months, DHB reported revenue of 2.996 trillion VND, a slight increase of 0.1%, but recorded a loss of 38 billion VND, an improvement from a 61 billion VND loss in the previous year. As of September 30, 2025, DHB’s cumulative loss totaled 2.142 trillion VND, with total assets at 5.549 trillion VND, an 11% decrease from the beginning of the year.
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