First 5 months: Hoa Phat gains 87% of full year profits plan

After 5 months, Hoa Phat Group reached VND 653 billion revenue and VND 102 billion profits after tax. Accordingly, accumulated first five months of 2009, the Group gains VND 2.913 billion revenue, reaching 46% of revenue and VND 506 billion profit after tax, reaching 87% of profits of the full year plan.

Explaining about the high and stable growth of revenue and profits after tax in the first five months, HPG’s leader said that, along with the economy warming - up, sales revenue in the first months have been thriving stably and highly: steel, steel pipe, furniture, refrigeration engineering, equipment & accessories, etc.

When the market comes in to the high season, May also remarks the highest Funiki refrigeration engineering’s consumption. The Funiki’s average selling quantity gained more than 1000 sets/day and on expectation it will be increased in the peak months of this summer. Currently, Hoa Phat Refrigeration & Engineering Company has been working with its full capacity to meet the timely demands of the orders as well as it is going to launch the new product with the outstanding features to meet more demands and choices of the consumers.