Hoa Phat in the Central: Sales revenue exceed 16% over the same period

End of quarter 1/2013, sales of Hoa Phat products in the Central region achieved VND240 billion, equal to nearly 25% of the year plan and 16% higher than the same period last year.

Branch of Hoa Phat steel pipe company and Hoa Phat refrigeration company has completed more than 31% of the year plan and the highest revenue growth, respectively 30.7% and 47% higher than 2012. The pre-galvanized pipe, hot dip galvanized steel pipe of Hoa Phat continued to receive much of orders, contributing significantly to the sales growth of the central steel pipe branch.

The first quarter of this year recorded a very high revenue growth of Hoa Phat Equipment & Accessories branch. According to Mr. Nguyen Khanh Toan, director of the branch in Da Nang, thanks to some large orders for products such as stone crushing mill, steel formwork, and scaffolding helped increasing the branch revenue up to 74% compared to the same period last year.

In the context of difficult market, Hoa Phat Group's other products such as steel and furniture remained relatively good business results. Hoa Phat steel was in many large projects in Da Nang and Quang Nam, for example, Song Bung 4A, Song Bung 2 Hydropower, Muong Thanh Hotel, Cua Dai bridge, Nguyen Tri Phuong Bridge, Dragon Bridge, ...

As representatives of Hoa Phat Group’s central Office, the second quarter will be continuing difficulties, the construction sector and other fields related to the Group's products haven’t got positive signal. All employees of the branches will keep their best efforts to promote the sales, marketing in order to maintain and gradually expand the market share.

Ngọc Anh - Nghi Trần