On Thursday, June 23, 2022, in Vung Tau City, Petrovietnam Fertilizer and Chemicals Corporation (stock code DPM) successfully held the 2022 Annual General Meeting of Shareholders (AGM).
Attending the meeting are shareholders representing more than 73% of the shares with voting rights.
During the meeting, PVFCCo Board of Directors, Supervisors, and Executives presented: Report on business performance in 2021 and business plan for 2022; Report on activities for the year 2021 of the Board of Directors, the Supervisory Board; 2021 Financial Report; Profit distribution plan for 2021, profit distribution plan for 2022; Report on remuneration, salary and bonus for the year 2021 of the Board of Directors, the Supervisory Board, the Board of Directors and the plan for the year 2022 …
The Board of Directors of the Corporation also submits to the General Meeting of Shareholders to approve the content of authorization for the Board of Directors to decide on the Regulation / Charter on the organization and operation of the Science and Technology Development Fund; Statement on additional registration for several business lines; Statement of amendments and supplements to several articles of the Statute of the Corporation; Statement on the orientation content, goals and development strategy of the Corporation …
In 2021, PVFCCo, as well as other businesses, will face difficulties from the COVID-19 pandemic and a broken supply chain; The competition between enterprises is getting more fierce, and production costs soar. However, due to careful preparation, the Corporation has responded flexibly and effectively to difficulties and promptly seized opportunities, thereby achieving business results that can be said to be a record in its history. Revenue reached 13,117 billion VND, an increase of 63% compared to 2020. Profit before tax reached 3,799 billion VND, 4.5 times higher than 2020. With this positive business result, the General Meeting of Shareholders approved the dividend payment. 50% in cash for 2021.
In the first six months of 2022, PVFCCo maintained adequate business operations. Therefore, in 2022, the Corporation targets revenue at 17,239 billion dongs, pre-tax profit of 4,130 billion dongs, a significant increase compared to 2021, and especially keep the dividend rate of 50% in 2021.
The resolutions and meeting minutes will be announced soon according to regulations.
