The South–West PetroVietnam Fertilizer and Chemicals JSC (PSW) yesterday announced it will pay its first dividend of this year on October 20 in cash with a rate of eight per cent. In the first six months of this year, PSW earned VND1.36 trillion (US$60.6 million) in revenue, an increase of 15 per cent over a year.
The company's net profit in the first half of this year was VND14 billion ($622,222), a decrease of 22 per cent from last year's first half.
This year, PSW plans to earn VND2.47 trillion ($110 billion) in revenue and VND28 billion ($1.24 million) in pre-tax profit.
PSW is a member of the Petroleum Fertiliser and Chemicals Corporation. PSW was listed on the Ha Noi Stock Exchange in July.