Steelmaker Hoa Phat Group posted VND19.45 trillion (US$825.8 million) revenue and VND2.3 trillion after-tax in the first quarter of the year, up 28 per cent and 27 per cent year-on-year, respectively.
Vietnamese shares moved against the general trend in the region on Monday, driven down by slumps of heavyweight stocks such as Vingroup, brewer Sabeco and steelmaker Hoa Phat Group.
Steelmaker Hoa Phat Group plans to increase its charter capital to VND15.2 trillion (US$675.6 million) this year, double the current level of VND8.42 trillion.