DCM - Robust volume bolsters Q4 bottom line - Earnings Flash
  • 2021-01-29T14:42:53
  • Company Research
DCM released Q4 2020 results with revenue up 7.5% YoY to VND2.3tn (USD97mn) and NPAT rising 74.9% YoY to VND211bn (USD9.0mn), driven by robust sales volume growth of 14.8% YoY that outweighed an input gas cost hike of 3.1%. DCM’s Q4 net profit was double that in Q3 thanks to the company’s urea price recovery and continuing strong urea sales volume.