Tin tức

Press Release

27/11/2015 11:22

In the situation of global economy in general and Vietnam in particular has signals of remarkable recovery, recently, Hoa Phat Group has achieved many positive results in the production and business operation. 5 first months in summation, revenue of the Group reached VND 2.913 billion, equivalent to 46% of the full year’s plan, profit after tax reached VND 506 billion, equivalent to 87% of the year’s plan. Estimatedly, the first 6 months of 2009 Hoa Phat Group will reach about VND 3.500 billion, corresponding to 56% of the year plan and profit after tax reach 112% of the year plan with absolute number about VND 650 billion.

Up to the present, the production of the Group’s categories has maintained stability compared with the forecast at the early year. The Group’s two large – scale projects in medium-term including Hoa Phat Integrated Steel Complex and Cement Plant are being actively implemented. The Ore Refining Plant of Hoa Phat Integrated Steel Complex was completed. Along with a range of other items are being completed, the steel project will launch products to market in QIV/2009. Hoa Phat Cement products are also available in the market at the end of this year. On the basis of economic situation and business results of the Group, on June 17 the Hoa Phat Group’s Board of Directors had a meeting and took the decision to adjust the criteria for revenue, profits and dividend payment, as follows: - Revenue of the Group in 2009 from VND 6.372 billion to VND 7.000 billion - Profit after tax in 2009 from VND 585 billion to VND 920 billion - The dividend payment in 2009: from 20% to 30%.
HPG