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28 Jan
04:59

Hoa Phat touches historical high profit

Vietnam’s largest steelmaker Hoa Phat Group recorded a historical high after-tax profit of VND 34.5 trillion ($1.52 billion) in 2021, exceeding by 92% of the whole year’s set plan and increasing 1.56 times against the previous year, Kallanish learns. Annual revenue meanwhile increased 65% year-on-year to VND 150.8 trillion. In the fourth quarter, the company made a profit of VND 7.4 trillion on VND 45 trillion in revenue, which rose 59% and 73% y-o-y, …
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