DPM - Weak fertilizer demand dampens Q3 earnings - Earnings Flash
  • 21 Oct 2019
  • Company Research
DPM released its 9M 2019 results with net revenue of VND5.4tn (USD232mn, -22.6%YoY) and NPAT-MI of VND144bn (USD6.2mn, -73.9%YoY). The weak 9M profit was due to 1) losses from the new combined NH3-NPK plant and 2) urea sales volume dropping 32.8% due to 7