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Hoa Phat Group reports sluggish sales on weakening demand

Hoa Phat Group reports sluggish sales on weakening demand

Vietnamese steel giant Hoa Phat Group reported that weakening demand has led to sluggish sales of its products since early this year.
Steel companies witnessed hardships in Q4

Steel companies witnessed hardships in Q4

Steel companies witnessed hardship in the fourth quarter of 2022 with many big players sufferring losses.
Hoa Phat vanishes from top 10 companies by market cap

Hoa Phat vanishes from top 10 companies by market cap

At its peak, Hoa Phat Group (HoSE: HPG) was the country’s fourth largest company by market capitalisation on the stock market.
Steel producers expected to recover in Q4

Steel producers expected to recover in Q4

The market''s attention is now turning to steel stocks after they corrected strongly from recent peaks. 
Dragon Capital sells 800,000 shares of HPG

Dragon Capital sells 800,000 shares of HPG

A group of investment funds run by Dragon Capital on Monday Monday it has sold 800,000 shares of steel giant Hoa Phat Group (HPG) to reduce its holdings to about 198.15 million shares, or 5.98 per cent.
Dragon Capital buys more 1.2 million shares of steel giant Hoa Phat

Dragon Capital buys more 1.2 million shares of steel giant Hoa Phat

This move caused the HPG share volume owned by Dragon Capital''s investment funds to increase from 198.7 million to 199.92 million shares.
Steel maker Hoa Phat Group records 30-year highest quarterly profit

Steel maker Hoa Phat Group records 30-year highest quarterly profit

Hoa Phat Group (HPG), the largest steel maker in the country, reported 30-year highest quarterly post-tax profit of VND2.75 trillion in the second quarter this year, up 34 per cent year-on-year.
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.
Steel producer enjoy profit growth despite virus crisis

Steel producer enjoy profit growth despite virus crisis

Listed steel companies reported positive business results in the first quarter of this year despite the impacts of the COVID-19 pandemic.
Companies race to buy back shares as stocks tumble

Companies race to buy back shares as stocks tumble

Dozens of companies are racing to buy back shares to stabilise prices amid the COVID-19 outbreak.
Chinese steel prices falling affects Hoa Phat shares

Chinese steel prices falling affects Hoa Phat shares

Concerns about the sharp fall in Chinese steel prices is affecting the share prices of gaint steel maker Hoa Phat (HPG).
Hoa Phat eyes VNĐ100 trillion revenue by 2020

Hoa Phat eyes VNĐ100 trillion revenue by 2020

Hoa Phat Group (HPG) said it expected to earn more than VND100 trillion (US$4.4 billion) in revenue by 2020, the year Hoa Phat Dung Quat iron and steel production complex would become fully operational.
Hoa Phat holds annual shareholder meeting for 2017

Hoa Phat holds annual shareholder meeting for 2017

Hoa Phat Group (HPG) plans to issue an additional 250 million shares to raise capital for its strategic Hoa Phat Dung Quat iron and steel production complex project this year.
Vietinbank lends VND10 trillion for steel project

Vietinbank lends VND10 trillion for steel project

Vietinbank and steelmaker Hoa Phat Group (HPG) have inked a credit agreement to finance the Hoa Phat Dung Quat iron and steel production complex, the company has announced.  
Steel, energy stocks lift VN-Index

Steel, energy stocks lift VN-Index

The VN-Index bounced into positive territory on Friday morning, driven by the recovery of oil and steel shares.