Petrovietnam Supervisory Delegation regularly works in 2025 at PVCFC

Recently, at Ca Mau Office, Ca Mau Petroleum Fertilizer Joint Stock Company (PVCFC, HOSE: DCM) received and worked with the Supervisory Delegation of Vietnam National Industry and Energy Group (Petrovietnam) according to the 2025 regular supervision program of the Group's Board of Members (BOM).

The monitoring delegation was led by Petrovietnam Board of Directors member Bui Minh Tien, along with leaders of professional departments attending in person and online at the Hanoi bridge point. On the PVCFC side, there were Chairman of the Board of Directors Tran Ngoc Nguyen, Board of Directors member Van Tien Thanh - General Director of the Company, along with members of the Board of Directors, Board of Management, Board of Supervisors and leaders of professional departments.

The content of the working and supervision program this time focuses on topics on planning and implementing strategies and restructuring; financial and investment management; internal governance and control; science and technology, innovation and digital transformation.

PVCFC received the monitoring delegation of the Vietnam National Energy and Industry Group. Photo: PVCFC

PVCFC General Director Van Tien Thanh, on behalf of Petrovietnam's capital representative at PVCFC, reported to the monitoring delegation on the operation situation in the first 9 months of the year and the forecast for the whole year of 2025, in which many production and business targets exceeded the plan. It is estimated that in 2025, PVCFC will complete 12/17 targets compared to the 2025 plan according to Resolution 9469 and 4/6 targets compared to Decision 529.

The representative of Petrovietnam's capital at PVCFC reported to the monitoring delegation on the operation situation in the first 9 months of the year and the forecast for the whole year of 2025, in which many production and business targets exceeded the plan. It is estimated that in 2025, PVCFC will complete 12/17 targets compared to the 2025 plan according to Resolution 9469 and 4/6 targets compared to Decision 529.

PVCFC completed the overall maintenance in 2025 5 days earlier than planned. In the first 9 months of 2025, PVCFC achieved: Estimated converted urea production output of 710.65 thousand tons; Total NPK production output (PVCFC + KVF) estimated at 273.87 thousand tons; Urea consumption output estimated at 631.57 thousand tons; Total NPK consumption output (PVCFC + KVF) estimated at 249.87 thousand tons; Total consolidated revenue in the first 9 months of 2025 is estimated at 13,241.6 billion VND; Consolidated pre-tax profit in the first 9 months of 2025 is estimated at 1,686.11 billion VND.

In addition to the positive results, Chairman of the Board of Directors Tran Ngoc Nguyen - the representative of Petrovietnam's capital at PVCFC also recommended that Petrovietnam continue to support and resolve difficulties regarding long-term gas sources, policies and regulations in the bidding management decentralization regulations... The Group's professional departments discussed and clarified many contents right at the working session.

In his concluding remarks, Petrovietnam Board Member and Head of the Supervisory Delegation Bui Minh Tien acknowledged and highly appreciated PVCFC’s efforts in the context of market fluctuations, high raw material prices and fierce competition. PVCFC maintained positive production and business efficiency, pioneered in digital transformation, and applied technology and AI in management.

The Head of the Petrovietnam Supervisory Delegation suggested that PVCFC continue to promote its production advantages, optimize financial management, boost investment, and carefully research long-term development strategies; and affirmed that Petrovietnam will accompany and create favorable mechanisms for PVCFC to operate sustainably and effectively in the coming period.

Source: https://daibieunhandan.vn/doan-giam-sat-petrovietnam-lam-viec-thuong-ky-nam-2025-tai-pvcfc-10389460.html