DPM - Solid 9M on aggressive cost-cutting; urea price to recover - Earnings Flash
  • 19 Oct 2018
  • Company Research
DPM posted official 9M 2018 results, with net revenue increasing 7.9% to VND7tn (USD303mn) and NPAT-MI declining 6.9% to VND551bn (USD24mn). The NPAT-MI drop was due to a 27.7% jump in input gas costs, which outweighed an 8.6% rise in urea price and flat