PHU MY FERTILIZER HOLDS MORE THAN 9,000 BILLION VND IN CASH – A HUGE "TREASURE" OF THE VIETNAM FERTILIZER INDUSTRY
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PVFCCo - the owner of the Phu My Fertilizer brand - is holding more than VND 9,045 billion in cash, deposits and short-term financial investments as of March 31, 2026. This number is equivalent to nearly half of the total assets of the business, creating an extremely solid financial foundation in the context of strong fluctuations in the global fertilizer and chemical market.

IMAGINE HOW BIG 9,045 BILLION VND IS

If converted, this amount is equivalent to more than 9,045,000,000,000 VND - enough to deploy a series of large-scale chemical projects, maintain attractive dividends and ensure that businesses are always proactive in responding to any fluctuations in raw material prices.

BUSINESS RESULTS FOR THE FIRST QUARTER 2026

| Target | Value |
|---|---:|
| Net revenue | 5,623 billion VND |
| Profit after tax | 410 billion VND |
| Profit growth | +95% |
| Cash and short-term investments | 9,045 billion VND |
| Total assets | 18,156 billion VND |
| Equity | 11,816 billion VND |
| Undistributed profits | 2,931 billion VND |

PLAN FOR 2026

| Goal | Value |
|---|---:|
| Consolidated revenue | 17,600 billion VND |
| Profit after tax | 680 billion VND |
| Expected dividend rate | 12% |
| New investment capital | 1,164 billion VND |

STEP FROM FERTILIZER TO CHEMICAL

Not only stopping at the fertilizer sector, PVFCCo is expanding into industrial chemicals, notably the H₂O₂ (hydrogen peroxide) project. This is a strategic stepm value increases and decreases depending on the fertilizer price cycle.

FINANCIAL PERFORMANCE IMPROVES STRONGLY

- Gross profit margin increased from 15.8% to 16.7%
- Financial revenue increased 2.5 times
- Inventory reduced by more than 10%
- Short-term loan balance decreased by nearly 1,000 billion VND

POSITION IN THE INDUSTRY

PVFCCo is one of the strongest fertilizer enterprises in Vietnam, along with PetroVietnam Ca Mau Fertilizer Joint Stock Company and Binh Dien Fertilizer Joint Stock Company. DPM's highlight is its large amount of cash, giving the company a clear advantage in investment, dividends and the ability to withstand market cycles.

WHY ARE INVESTORS INTERESTED IN DPM

1. Extremely strong balance sheet.
2. Profit growth nearly doubled.
3. Stable cash dividends.
4. Expand into high-value chemicals.
5. Benefit when international fertilizer prices go up.

CONCLUSION

With more than 9,000 billion VND in cash, PVFCCo is not only a leading fertilizer enterprise but also a "financial fortress" of Vietnam's chemical industry. In the context of agricultural, industrial and chemical demand continuing to increase, Phu My Fertilizer possesses a strong enough foundation for sustainable growth for many years to come.