List of Best Chemical Stocks listed in 2022

Chemical stocks are becoming “hot goods” on stock exchanges today. So, which stocks are dominating the market?

Let’s find out together with nganhangonline List of Best Chemical Stocks listed in 2022 in the next post. Prepare yourself with a solid baggage of knowledge and skills before stepping into this promising path of “getting rich”!

List of Best Chemical Stocks listed in 2022

To know Good chemical stocks Those who are attractive to investors, please take a look at the following list.

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Why are chemical stocks in 2022 so potential?

Chemical stocks in 2022 are simultaneously hitting the ceiling price, so what are the reasons that have positively impacted this industry group, let’s take a look!

The first: In Vietnam, the chemical industry is considered as an industry that plays a key role in economic development, providing input materials for many essential manufacturing industries. Such as fertilizers, printing inks, paints, detergents, pesticides, etc.

Second: In the last 6 months of 2021, the total export turnover of basic chemicals of Vietnam reached 1.593 billion USD. The Chinese market is still the leading consumer of Vietnamese chemicals, accounting for 26.2% of the total turnover.

Tuesday: Enterprises in the chemical industry have largely innovated production technology. This helps the company to reduce the cost of electricity / raw materials compared to before. Thereby reducing the price of finished products, leading to increased profits.

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Top Listed Best Chemical Stocks 2022

The following content will update detailed information on the business situation and stock fluctuations of the leading enterprises in the chemical industry.

Shares of Duc Giang Chemical Group Joint Stock Company

Duc Giang Chemical Group Joint Stock Company was established in 1963. In 2004, the unit officially changed to operate under the model of a joint stock company.

Stock information

It is known that DGC is currently operating in the field of chemical production and trading in the main provinces/cities including: Hanoi, Hai Phong, Binh Duong, Lao Cai, etc. Products help bring in main revenue for the company. are washing powder, yellow phosphorus and detergent.

Among enterprises in the chemical industry, DGC made the strongest impression when it had positive revenue in the fourth quarter of 2021 reaching VND 2,039 billion, up nearly 29.3% over the same period last year. After deducting expenses and taxes, the profit after tax that DGC achieved was VND 333 billion, an increase of nearly 24%.

Thus, with this revenue growth, there was a strong impact on DGC stock on HoSE. The unit’s shares continuously matched orders and kept the “sustainable” green color, especially the liquidity was very high. This has built confidence to attract a large number of investors to pour capital into buying DGC shares.

Shares of Southern Basic Chemical Joint Stock Company

Southern Basic Chemical Joint Stock Company was formerly known as Southern Basic Chemical Company. The unit was established in 1976 by the General Department of Chemicals.

Stock information

Currently, CSV’s main business activities focus mainly on industrial fields to serve the needs of industries such as:

• Food.
• Medicine.
• Domestic water treatment, waste water treatment.
• Paper production.
• Oil and Gas.

Although heavily affected by the high price of H2SO4 raw materials, thanks to the increased consumption volume, CSV still recorded a revenue of the fourth quarter of 2021 of VND 402.9 billion, an increase of nearly 19%. Profit after tax increased by 9.5%, reaching 58.2 billion VND over the same period last year.

CSV stock price is currently fluctuating at VND 23,500 – VND 25,700. At this price, it will be an opportunity for investors to buy and wait for a good “opportunity” to sell for a profit.

So, if you are wondering which chemical stock ticker to choose, CSV is a good suggestion.

Shares of Viet Tri Chemical Joint Stock Company

Viet Tri Chemical Joint Stock Company was established in November 1959. Initially, it was just a small chemical factory, but in 2005 it officially changed its name to Viet Tri Chemical Joint Stock Company. It is known that the initial charter capital is 31 billion VND, of which 30% belongs to the enterprise, the remaining 70% belongs to the State.

Stock information

Currently, the company is focusing on investment and innovation with a modern system of caustic soda – chlorine production lines ranked among the most advanced in the world.

Business situation in the last 6 months of 2021 of HVT has a revenue of nearly 345 billion dong. This is considered a relatively stable number in the period when the Covid epidemic is still affecting the general economy in our country.

Also in 2021, HVT has paid dividends twice in cash, with the price ranging from 1,000 VND to 2,000 VND/share. This has created a motivation for investors to continue to contribute capital to the business to seek profits in the future.

Shares of Petrochemical and Fertilizer Corporation

PetroVietnam Fertilizer and Chemical Corporation is a member of the Vietnam National Oil and Gas Group. The unit was established in 2003. By 2007 it was officially converted to a joint stock company and listed shares on Hose with trading code DPM.

Stock information

DPM’s main business is the production and trading of chemicals and fertilizers. The company’s main products at present are clear grain nitrogen fertilizers, NPK fertilizers, Potassium, SA, etc.

Only in the first half of 2021, DPM showed signs of prosperity when revenue grew by nearly 70%, profit increased by nearly 4 times compared to the previous year. By the last 6 months of 2021, DPM’s net revenue reached nearly VND 2,930 billion, up 33% compared to the previous year.

It is known that DPM has constantly improved production technology to help the company reduce costs of raw materials and electricity. This has partly reduced product costs and increased profits.

Shares of Central Petrochemical and Fertilizer Joint Stock Company

Central Oil and Gas Chemicals and Fertilizer Joint Stock Company was formerly a branch of a fertilizer and chemical company in the Central and Central Highlands. The unit was established in 2004 and has been growing strongly to date.

Stock information

In 2011, the company transformed its operating business model into a joint stock company. PCE’s main production and business activities are wholesale of fertilizers, pesticides and chemicals used in agriculture.

PCE’s business results have grown in 2021, profit after tax is still guaranteed to exceed the set target.

Also in 2021, PCE conducted a cash dividend in September, at the rate of 1,000 VND/share. Company shareholders all receive profits after investing in PCE shares, which has further motivated them to pour capital to help the business expand and develop more.

Here is a summary of the content about List of Best Chemical Stocks listed in 2022. If you are looking to participate in this potential stock market, do not ignore the above article. Good luck!

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