Hoa Phat reaches B VND 682 profit after tax in 6 months

27/11/2015 11:26

Accumulated six months of 2009, Hoa Phat Group JSC’s revenue reached B VND 3675, profit after tax reached B VND 682. Accordingly, Hoa Phat reached 53% and 74% of adjusted revenue and profits after tax of the year respectively.

Promoting business results of 6 months, Group believes to exceed B VND 920 profit after tax plan in 2009. Currently, most of the Group’s factories are running full capacity. Especially, the sectors of construction steel, refrigeration, furniture, construction machinery must work overtime, increase shifts to meet the fast increasing demand of the market. With the 9th subsidiary - An Thong Mineral Investment JSC that specializes in iron ore exploiting and processing, and Hoa Phat Energy JSC specializing in coking, the strategic raw materials in steel production, Hoa Phat Group can ensure a stable raw material Hoa Phat Integrated Steel Complex with capacity of 1 million tons / year, be confident to compete with steel producers inside and outside of Vietnam. Thereby, Hoa Phat continues to affirm the strategy to become the leading private industrial manufacturing group that constantly creates value from scale and the enclosed production process.
HPG