PVFCCo – Phu My More Than Doubles Its 2026 Profit Target
According to the official announcement on November 5, 2026, pursuant to Resolution No. 26-4052/NQ-PBHC dated November 4, 2026, issued by the Board of Directors, PVFCCo – Phu My adjusted its consolidated total revenue target from VND 17,600 billion to VND 19,000 billion, an increase of nearly 8%. Notably, consolidated profit before tax was raised from VND 850 billion to VND 1,770 billion, while consolidated profit after tax surged from VND 680 billion to VND 1,445 billion, representing an increase of over 112% compared to the original plan.
For the Parent Company, the total revenue target was adjusted from VND 15,295 billion to VND 16,750 billion; profit before tax from VND 800 billion to VND 1,690 billion; and profit after tax from VND 647 billion to VND 1,375 billion—likewise over 2.1 times the target set at the beginning of the year.
Alongside raising its revenue and earnings metrics, PVFCCo – Phu My also revised its total investment capital requirement for 2026 from over VND 1,163 billion to nearly VND 1,400 billion, funded entirely by equity.
This substantial upward adjustment in the 2026 plan not only reflects solid operational momentum across PVFCCo – Phu My, but also demonstrates high initiative, discipline, and determination to enhance operational efficiency, capture market opportunities, and achieve optimal performance for the year.
In the final months of 2026, PVFCCo – Phu My remains focused on maintaining safe and stable production, enhancing governance efficiency, optimizing costs, accelerating product consumption, and expanding market reach. These efforts aim to fulfill the revised targets, creating a firm operational foundation for subsequent years.
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