VINACHEM

Lam Thao, March 31, 2025 — Lam Thao Fertilizers and Chemicals Joint Stock Company (LAFCHEMCO) held a conference to summary the work of Q1 and deploy tasks for Q2 of 2025, recording many positive results in production and business activities.

Amidst numerous fluctuations in the global and domestic economies, the Company has maintained stable operations and achieved positive results thanks to proactively applying flexible and effective production and business solutions, and effectively seizing market opportunities. The collective of officials and employees has promoted the spirit of solidarity, dynamism, and creativity to overcome difficulties.

Specifically, in the first quarter of 2025, the value of industrial production at actual prices is estimated at VND 1,122 billion, equivalent to 94% of the quarterly plan but an increase of 22% compared to the same period last year. Revenue from sales and service provision is estimated at VND 1,658 billion, reaching 103% of the plan, an increase of 11% compared to the same period. The average income of employees reached nearly VND 13 million per person per month; contributions to the State budget amounted to VND 18.9 billion.

A significant highlight in the first quarter was the Company's launch of several new fertilizer product lines to the market, including: Neutral superphosphate (Superphosphate*M1; Microbial superphosphate P18), new NPK lines such as NPK 12-5-10, NPK 12-5-10 biofertilizer, NPK 16-8-16, NPK 16-8-16 biofertilizer, and NPK 7-9-14 supplemented with 100% Lam Thao Potassium Sulphate. These products are researched to improve efficiency, enhance soil health, and increase crop resistance to pests, diseases, drought, and cold.