The expansion will cover 9.1ha in the Nhơn Hội Economic Zone and aims to boost production capacity for key product lines, targeting an output of 350,000 tonnes per year.
Hoa Sen Corporation (HSG) has issued an announcement stating that April 25 will be the cutoff date for shareholders to be eligible for the annual dividends for the financial year 2022-2023.
Hoa Sen Group on Tuesday officially received a certification for ISO 14064-1:2018 and ISO 14067:2018 standards regarding greenhouse gas inventory auditing, making a significant milestone in its sustainable development journey, reflecting the environmental responsibility awareness and compliance with legal regulations.
Giant steel maker Hoa Sen Group suffered a recorded a loss of VND886 billion (US$35.7 million) in the fourth quarter of the fiscal year 2021-2022, starting from October 1, 2021 to September 30, 2022.
The huge potential market is mainly driven by large investments and favourable tax policies, but the business picture in the third quarter of 2022 of these enterprises is facing many challenges with large losses.
Hoa Sen Group (HSG) set an after-tax profit target of VND1.5-2.5 trillion (US$65.8-110 million) for the financial year 2021-22, depending on input material price movements, the pandemic situation and energy prices.