Hoa Sen Group to distribute ESOP Shares at 60% discount

Thursday, Jul 11, 2024

The steel and trading company Hoa Sen intends to issue five million shares at a price of VNĐ10,000 per share.

Hoa Sen Group ties up with Singapore’s SP for clean energy

Friday, Jun 28, 2024

Steel producer Hoa Sen Group has signed a deal with Singapore’s SP for consultancy to switch to clean energy at all its plants.

Dragon Capital purchases additional 3 million shares of Hoa Sen Group

Friday, Feb 02, 2024

Dragon Capital has recently purchased an additional 3 million shares of HSG, raising its ownership stake in Hoa Sen Group (HSG) to over 11.3 per cent.

Hoa Sen Group achieves greenhouse gas inventory auditing certificate

Wednesday, Oct 25, 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.

Hoa Sen Group fined for tax arrears

Friday, Mar 24, 2023

The final payment for fines and tax arrears is VND2.81 billion. 

Hoa Sen Group records huge loss in Q4

Wednesday, Nov 02, 2022

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.

Steel producers face gloomy business results despite huge potential

Sunday, Oct 23, 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 honoured as large tax payer

Friday, Sep 09, 2022

Hoa Sen is the only private enterprise operating in the manufacturing, production and trading of galvanized steel industry to be honoured.

Hoa Sen dispatch denies bond issuance

Saturday, Apr 16, 2022

Hoa Sen Group (HSG) announced a plan to issue bonds on April 3, 2019, but later cancelled the plan and has not issued any bonds so far.

Hoa Sen Group set profit target up to US$110 million

Wednesday, Mar 23, 2022

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.

Hoa Sen Group posted US$28.2 million after-tax profit in Q1

Tuesday, Feb 08, 2022

Hoa Sen Group has reported an after-tax profit of VND638 billion (US$28.2 million) in the first three months of its financial year 2021-22 starting from October, increasing 12 per cent from the same period last year.

Hoa Sen Group posts US$189 million after-tax profit

Friday, Oct 29, 2021

Steel maker Hoa Sen Group (HSG) posted revenue of VND48.7 trillion (US$2.14 billion), representing an increase of 77 per cent year-on-year in the fourth quarter of its fiscal year 2020-21 from October 1, 2020 to September 30, 2021.

Enterprises survive the COVID-19 storm

Wednesday, Oct 06, 2021

In steel sector, several enterprises such as Hoa Sen Group (HSG) survive the COVID storm thanks to their export markets. 

Hoa Sen Group posts increase in profit

Monday, Sep 27, 2021

Hoa Sen Group posted revenue of VND4 .7 trillion (US$207.6 million) and after-tax profit of VND320 billion in August, increasing 66 per cent and 47 per cent respectively over the same period last year.

Hoa Sen Group’s after-tax profit surges by 124% in July

Thursday, Aug 26, 2021

Hoa Sen Group on Wednesday reported revenue and after-tax profits of VND4.9 trillion (US$214.6 million) and VND302 billion in July, representing 97 and 124 per cent year-on-year increases, respectively.