Supe Lam Thao made a strong breakthrough, exceeding the set target

Lam Thao Superphosphate and Chemical Joint Stock Company is having a promising year 2024. With impressive figures achieved in the first 9 months of 2024, this enterprise is on track to complete and exceed its set goals.

The Company's newly invested and upgraded NPK fertilizer production line

According to the report, by the end of September, the Company had produced 622,000 tons of various fertilizers, reaching 75% of the yearly plan. Industrial production value reached VND 2,630 billion, equivalent to 79% of the plan. Revenue reached VND 2,975 billion, budget payment VND 54 billion, both exceeding the plan for the whole year. In particular, pre-tax profit reached VND 188 billion, exceeding the plan by 38%. This is a very positive signal, showing that Supe Lam Thao is operating effectively and is capable of overcoming market difficulties.

Up to now, the average income of workers has reached 14.41 million VND/person/month, higher than the level of 12.81 million VND/person/month set by the company. This shows that the life of workers at Supe Lam Thao is increasingly improving.

Along with focusing on production and business, the Company also continuously invests to improve production capacity. The SOP production line project with a capacity of 20,000 tons per year and a number of small, periodic repair and renovation projects with a total investment of more than VND 84 billion are being implemented and VND 43,924 billion has been disbursed. This project promises to contribute to enhancing the Company's competitiveness and expanding its consumption market in the coming time.

With the current development momentum, we believe that the Company will complete and exceed the targets set for the whole year 2024. In particular, revenue is expected to reach over 3,500 billion VND, among the top of the group; pre-tax profit is about 215 billion VND, exceeding 58.1% of the plan.

Dinh Vu