Phu My Fertiliser profits up 91.1%

HCM CITY — Phu My Fertiliser (DPM) reported a huge profit last year of over VND3.1 trillion (US$147.6 million), up 91.1 per cent compared to 2010. In the fourth quarter of last year alone, revenue reached VND2.1 trillion ($100 million) and net profit fetched VND932.7 billion ($44.4 million), doubling the figure from the same period in 2010.

The amount of cash and equivalents at end of last year hit around VND3.6 trillion ($171.4 million), rising by nearly VND800 billion ($38.1 million) compared to the earlier parts of the year. — VNS