Binh Dien Fertilizer


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5 articles for Binh Dien Fertilizer

Binh Dien Fertilizer: Positive outlook for 2022 but unlikely to continue in 2023

After posting positive results in 2021, BFC announced Q1 22 earnings with growth of 46.8% and 19.3% in net revenue and NPATMI, respectively. However, revenue growth came from a higher ASP while sales volume fell 15.1% in Q1 22. BFC maintained huge in...
Rong Viet Vu
Vu Tran @ Rong Viet 6 June 2022

Vietnam fertilizer industry: New VAT policy benefits not for all

The Ministry of Finance has proposed a draft of the amendment to Tax Law No. The draft is going to be discussed and ratified in the ongoing National Assembly Session. We expect the new policy to be a historical breakthrough for the industry, enhancin...
Rong Viet Tam
Tam Pham @ Rong Viet 6 November 2020

Binh Dien Fertilizer: Profit to recover, but no positive surprises in H2 20

BFC's profit in Q2 20 recorded a strong improvement yoy as well as from the previous quarter thanks to: (1) a sharp drop in raw material prices (2) lower selling and interest expenses. However, overall sales volume is still low compared to the averag...
Rong Viet Vu
Vu Tran @ Rong Viet 18 August 2020

Vietnam 2020 investment strategy

Bottom-up, we assess the trends in each sector, while in our stock-by-stock analysis of our entire coverage we provide detailed forecasts, investment rationale and operating risks for the coming year. The impact on market sentiment, therefore, will n...
Rong Viet Tu
Tu Vu @ Rong Viet 31 December 2019

Vietnam Agriculture Sector: Buffeted by headwinds

Unfavourable weather:Low rainfall in 1Q2019 but slight improvement in May. Low fertilizer demand in 1H2019: Driven by fierce competition and poor weather. Coffee, pepper and cashew nuts dropped in price, meaning that demand for fertilizer went down a...
Rong Viet Vu
Vu Tran @ Rong Viet 11 September 2019


Binh Dien Fertilizer JSC manufactures agricultural fertilizers. The Company distributes its products in Vietnam and also exports a portion of its production other countries in the Pacific Rim.

Associated topics

Asia Binh Dien Fertilizer Vietnam Materials Equity PetroViet Nam Fertilizer & Chemicals Corp Vu Tran Industrials BFC 2019 NPATMI South Asia Loc Troi Group  2020