Vietnam’s Hoa Sen Group post profit in October-January

Wednesday, 24 February 2021 14:06:27 (GMT+3)   |   Istanbul

Vietnam-based steelmaker Hoa Sen Group (HSG) has announced that it recorded a post-tax profit of VND 747 billion ($32.38 million) in the first four months of the 2020-21 fiscal year ended on January 31, 2021, fulfilling 49.8 percent of its target.

The company’s sales revenue in the given period totaled VND 12.21 trillion ($529.15 million), fulfilling 37 percent of its plan.

In January alone, the company recorded a post-tax profit of VND 175 billion ($7.58 million), while its sales revenue totaled VND 3.11 trillion ($134.62 million).

Most Recent Related Articles

Vietnam’s steel exports increase by 44.7 percent in Q1

Vietnam’s steel and scrap imports increase in Mar from Feb

Vietnam’s steel output, sales and exports up in Q1

Vietnam’s Hoa Phat to set up container factory

Vietnam’s Hoa Phat posts record monthly sales for March