DCM - 2022 earnings hit record high on strong urea prices - Earnings Flash
  • 30 Jan 2023
  • Company Research
- DCM announced Q4 2022 results with revenue of VND4.5tn (USD189mn; +14.1% YoY) and NPAT-MI of VND1tn (USD43mn; -8.2% YoY). We attribute the discrepancy in revenue growth and decline in NPAT-MI to surging labor expenses (under COGS) and advertising expens