HCMC – Petrovietnam Ca Mau Fertilizer Joint Stock Company (HOSE: DCM) has set a 2026 target of over VND1.18 trillion in after-tax profit and a 10% cash dividend payment, according to documents for its 2026 annual general meeting of shareholders.
The company plans consolidated revenue of VND17.615 trillion in 2026, up around 3% from more than VND17.032 trillion in 2025. Its consolidated pre-tax profit is projected at VND1.32 trillion, down 40% from the previous year’s result.
The board of directors said prolonged conflicts and extreme weather conditions are expected to continue driving the green transition while increasing pressure on production costs and input prices. The application of a 5% value-added tax on fertilizers from mid-2025 is also expected to affect competitiveness and profit margins during the period.
In 2026, the company plans to spend VND734 billion on capital construction. It prioritizes completing a staff housing project and phase 1 of a rooftop solar power system in the first quarter of 2026. Industrial gas projects and the Thanh Hoa High-Tech Agricultural Research Center are being accelerated for operation.
Closing the trading session on March 24, DCM shares rose by VND1,050, or 2.37%, to VND45,350, with nearly 3.9 million shares traded, valuing the company at around VND24.01 trill
The VN-Index added 23.60 points, or 1.48%, to close at 1,614.77 points on March 24, with 273 gainers and 59 decliners. Total trading volume reached more than 771.7 million shares valued at VND20.46 trillion. Put-through transactions accounted for over 85.2 million shares worth nearly VND2.6 trillion.
Bank stocks in the VN30 group supported the market, with VPB leading the gains, rising 5.2% to VND25,250.
Other large-cap stocks such as MSN, MWG and SSI edged up around 2%, while SAB rose 5.1% to VND45,100.
On the Hanoi Stock Exchange, the HNX-Index increased 6.27 points, or 2.64%, to 243.81 points, with 117 advancers and 49 decliners. Trading volume totaled over 67.1 million shares worth VND1.16 trillion, while put-through transactions contributed nearly 6.9 million shares valued at VND106.4 billion.
