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steelmaker

Hoa Phat enjoys strong export growth in first 11 months

Hoa Phat enjoys strong export growth in first 11 months

Steelmaker Hoa Phat Group exported 914,000 tonnes of construction steel in the first 11 months of this year, a year-on-year surge of 90 per cent.
Hoa Phat leads one-trillion-dong profit club

Hoa Phat leads “one-trillion-dong profit club”

Twenty-two companies have entered the “one-trillion-đồng profit club” for January-March, despite the economy being ravaged by the COVID-19 pandemic.
Steelmaker Hoa Phat aims for 19 per cent profit growth

Steelmaker Hoa Phat aims for 19 per cent profit growth

The group targets to collect revenue of VND86 trillion this year, up 33 per cent against last year.
Hoa Phat revenue totalled VND19.45 trillion in Q1

Hoa Phat revenue totalled VND19.45 trillion in Q1

Steelmaker Hoa Phat Group posted VND19.45 trillion (US$825.8 million) revenue and VND2.3 trillion after-tax in the first quarter of the year, up 28 per cent and 27 per cent year-on-year, respectively.
Shares move against regional trend on low liquidity

Shares move against regional trend on low liquidity

Vietnamese shares moved against the general trend in the region on Monday, driven down by slumps of heavyweight stocks such as Vingroup, brewer Sabeco and steelmaker Hoa Phat Group.
Steel companies post disappointing results in Q1 despite strong market growth

Steel companies post disappointing results in Q1 despite strong market growth

Listed steel companies have reported disappointing business results in the first quarter despite strong growth in the domestic market, which they have attributed to the high cost of capital.
Hoa Sen exports 15,000 tonnes of steel sheets to EU

Hoa Sen exports 15,000 tonnes of steel sheets to EU

Steelmaker Hoa Sen Group (HSG) exported 15,000 tonnes of steel sheets to the UK, Germany and Italy late last week.
Hoa Phat Groups steel exports up 51 per cent

Hoa Phat Group’s steel exports up 51 per cent

Hoa Phat Group, the largest steel maker in the country, exported 240,000 tonnes of steel last year, a year-on-year increase of 50.97 per cent, the group said on January 7.
Founder of steelmaker Hoa Phat relegated from Forbes billionaire list

Founder of steelmaker Hoa Phat relegated from Forbes’ billionaire list

The founder of Viet Nam''s largest steelmaker Tran Dinh Long has been knocked off the Forbes list of the world’s billionaires after shares in Hoa Phat tumbled 30 per cent from the peak recorded in March.
Steelmaker Hoa Phat Group targets 2.4b in revenue in 2018

Steelmaker Hoa Phat Group targets $2.4b in revenue in 2018

Steelmaker Hoa Phat Group targets revenue of VND55 trillion (US$2.4 billion) and after-tax profit of VND8 trillion in 2018.
Hoa Phat Group posts US352 million after-tax profit

Hoa Phat Group posts US$352 million after-tax profit

Steelmaker Hoa Phat Group posted a record-high after-tax profit of VND8 trillion (US$352.3 million) in 2017.
Steel giant Hoa Sens total debt doubles

Steel giant Hoa Sen’s total debt doubles

The total debt of giant steelmaker Hoa Sen Group has doubled since the beginning of this year due to a sudden increase in demand for working capital.
Japan steelmaker to build factory in north

Japan steelmaker to build factory in north

Japanese steelmaker Kyoei Steel Group has announced that it would build a US$200 million reinforcing bars factory in northern Viet Nam.  
Construction of steel plant begins at Yen Bai

Construction of steel plant begins at Yen Bai

Vietnamese giant steelmaker Hoa Sen Group (HSG) on Wednesday broke ground for a new steel plant in the northern Yen Bai Province’s Tran Yen District.
Hoa Phat plans raising charter capital to 675.6m

Hoa Phat plans raising charter capital to $675.6m

Steelmaker Hoa Phat Group plans to increase its charter capital to VND15.2 trillion (US$675.6 million) this year, double the current level of VND8.42 trillion.