Hoa Phat enjoys record after-tax profit in Q3 Business

Hoa Phat enjoys record after-tax profit in Q3

Vietnam's leading industrial manufacturing group Hoa Phat recorded the highest ever after-tax profit in a quarter at 10.3 trillion VND (453 million USD) in the third quarter of this year, 2.7 times higher than the same period last year.
Hoa Phat to launch Dung Quat 2 project in 2022 Business

Hoa Phat to launch Dung Quat 2 project in 2022

Vietnamese steel producer Hoa Phat Group will launch its Hoa Phat Dung Quat 2 iron and steel factory project in early 2022 with a capacity of 5 million tonnes per year, focusing on hot rolled coil (HRC) production using latest technology.
Construction steel exports soar in Q3 Business

Construction steel exports soar in Q3

Vietnam exported over 400,000 tonnes of construction steel in the third quarter of 2020, increasing by 4 percent and 37 percent compared to the first and second quarters, respectively, according to the Vietnam Steel Association (VSA).
Hoa Phat reports highest-ever revenue, after-tax profit Business

Hoa Phat reports highest-ever revenue, after-tax profit

The industrial manufacturer Hoa Phat Group posted 24.9 trillion VND in revenue in the third quarter of this year, up 62.7 percent year on year, and after-tax profit of over 3.78 trillion VND, doubling the figure recorded in the same period last year, the highest result that the firm has made in a quarter.
Hoa Phat to export high-quality steel to African markets Business

Hoa Phat to export high-quality steel to African markets

Hoa Phat Hung Yen Steel Co., Ltd – a subsidiary of Vietnam's leading steel manufacturer Hoa Phat Group - has signed a number contracts to export high-quality rolled steel branded SAE to African markets, marking its success in opening new export markets.
Hoa Phat steel sales surge in July Business

Hoa Phat steel sales surge in July

Leading steel manufacturer Hoa Phat Group sold 300,000 tonnes of construction steel in July, a rise of 19 percent over that in June and 27.5 percent year on year.