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Vietnamese steel giant Hoa Phat Group saw a 32% rise in sales volume of steel products in the first two months of this year, the firm reported. In the January-February period, Hoa Phat sold 1.15 million tonnes of hot rolled steel products (HRC), construction…
Steelmaker Hoa Sen Group expects a modest after-tax profit of VND100 billion (US$4.2 million) to VND300 billion this year as a raft of potential pitfalls loom. Whichever figure it achieves will be the lowest in the last 10 years, mainly due to anticipated…
Vietnam’s biggest steelmaker Hoa Phat Group said post-tax profits were up 2.5 times last year to VND34.52 trillion ($1.52 billion). The company sold 8.8 million tons of steel during the year, a 35 percent increase. It accounted for nearly a third (32.6…
