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Hoa Phat Group (HPG)

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.
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 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.
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.  
Hoa Phat groups revenue up 8%

Hoa Phat group's revenue up 8%

Steel maker Hoa Phat Group (HPG) reported a total revenue of nearly VND28 trillion (US$1.24 billion) for the year 2015, an increase of 7.8 per cent year-on-year.
HPG announces surge in revenue and profits

HPG announces surge in revenue and profits

Steel maker Hoa Phat Group (HPG) earned VND19.16 trillion (US$855.3 million) in revenue and VND 2.75 trillion ($122.7 million) in profits in the first nine months of 2015.
Foreign selling drags down shares

Foreign selling drags down shares

A slight recovery during the last minutes of trading at yesterday''s afternoon session helped narrow the morning losses, with the benchmark indices ending slightly lower on both national stocks exchanges.
Ha Giang firm leads amidst high dividend payout ratios

Ha Giang firm leads amidst high dividend payout ratios

Many companies announced the payment of dividends at high ratios at this shareholders'' meeting season.
Steelmaker sales could notch new 1b record

Steelmaker sales could notch new $1b record

Hoa Phat Group (HPG), Viet Nam''s second largest steelmaker, has estimated its turnover could exceed US$1 billion for the first time in 2014, allowing it to pay a shareholder dividend of up to 30 per cent.
Foreign bank fined for slow disclosure

Foreign bank fined for slow disclosure

Deutsche Bank AG, London Branch, was fined VND70 million (US$3,300) by the State Securities Commission for being late in reporting that it is no longer a large stakeholder in Tu Liem Urban Development (NTL) and Hoa Phat Group (HPG).
Hoa Phat reports profit for first nine months

Hoa Phat reports profit for first nine months

Steel maker Hoa Phat Group (HPG), reported earning post-tax profits of VND1.52 trillion (US$72.38 million) in the first nine months of this year, nearly a two fold increase on the same period last year.