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.
Steel maker Hoa Sen Group (HSG) reported an estimated post-tax profit of VND400 billion (US$17.3 million) in the fourth quarter of the 2019-2020 fiscal year, 4.8 times higher than last year.
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.
Steel maker Hoa Phat has signed a contract to sell 120,000 tonnes of steel billets, worth over VND1 trillion (nearly US$43 million), to China’s firm Hangzhou CIEC Group Co Ltd.
Steel maker Hoa Sen Group has said its business will not be affected by the US Department of Commerces preliminary ruling on the circumvention inquiries it made into Vietnamese cold-rolled steel and corrosion-resistant steel exports.
Steel maker Hoa Sen Group on Monday announced that it has signed a VNĐ200 billion (US$8.7 million) credit contract with HDBank to expand production at its Nghệ An plant.
Giant steel maker Hoa Sen Group said recently it has taken a number of measures to overcome the difficulties it is facing like the rest of the steel industry and expand its business domestically and abroad.
Steel maker Hoa Sen Group said it has collaborated with Viet Nam Television to donate school supplies to 46,800 disadvantaged children across the country.
Steel maker Hoa Sen Group (HSG) has reported a surge in second quarter
profits that saw it achieve virtually the full financial year''s profit
target in just the first six months.