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Steelmaker Hoa Phat reports 2.5-fold jump in profits

Steelmaker Hoa Phat reports 2.5-fold jump in profits

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).
Dragon Capital sells 3.3 mln shares of steel giant Hoa Phat

Dragon Capital sells 3.3 mln shares of steel giant Hoa Phat

Vietnamese fund management company Dragon Capital recently sold 3.3 million shares of steelmaker Hoa Phat Group, whose price has been rising steadily amid booming exports.
October 4, 2021 | 08:39 pm PT
Hoa Phat posts record-high quarterly profit

Hoa Phat posts record-high quarterly profit

Leading steelmaker Hoa Phat Group posted its highest ever quarterly profit in the second quarter at VND9.7 trillion ($423 million), tripling year-on-year.
July 30, 2021 | 03:35 am PT
Hoa Phat charter capital highest on Vietnam stock exchange

Hoa Phat charter capital highest on Vietnam stock exchange

Steel giant Hoa Phat is the enterprise with the largest charter capital on HoSE after the bourse approved its issuance of nearly 1.16 billion shares Monday.
June 24, 2021 | 01:57 am PT
Leading steelmaker to buy first iron ore in Australia

Leading steelmaker to buy first iron ore in Australia

Hoa Phat Group has been allowed to purchase an iron ore mine in Australia with estimated reserves of 320 million tonnes.
May 31, 2021 | 12:40 am PT
Steelmaker proposes building power plant for iron and steel complex

Steelmaker proposes building power plant for iron and steel complex

Hoa Phat Group plans to build a captive thermal power plant for its proposed Hoa Phat Dung Quat 2 Iron and Steel Production Complex in central Quang Ngai Province.
May 27, 2021 | 09:27 pm PT
Steelmaker Hoa Phat chairman’s son to increase stake in company

Steelmaker Hoa Phat chairman’s son to increase stake in company

Hoa Phat Group chairman Tran Dinh Long’s son has signed up to buy five million shares of the steel company.
May 18, 2021 | 08:43 pm PT
Dragon Capital raises stake in Hoa Phat Group

Dragon Capital raises stake in Hoa Phat Group

Investment fund Dragon Capital has bought over 1.2 million shares of steelmaker Hoa Phat Group to take its ownership of the company from 5.99 percent to 6.03 percent.
April 10, 2021 | 12:01 am PT
Hoa Phat’s dizzy growth seems set to continue

Hoa Phat’s dizzy growth seems set to continue

Leading steelmaker Hoa Phat Group targets revenue and profit growth of 33 percent this year, and has announced plans to build a new plant.
March 26, 2021 | 09:30 pm PT
Steel tycoon third rich person in Vietnam

Steel tycoon third rich person in Vietnam

Tran Dinh Long, chairman of steelmaker Hoa Phat Group, has moved up a position to become the third richest person in Vietnam.
November 23, 2020 | 02:32 am PT
 
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