15
Jan
11:08
Hoa Sen revenues jump on volume and price
Vietnam’s Hoa Sen Group saw steel output and revenues grow in 2018 but net profits continued to decline. The company has promised to consolidate around its core steel business as it turns away from other investments in real estate and tourism, Kallanish notes.
In 2018, Hoa Sen earned VND 34.4 trillion ($1.48 billion) in revenue, up 32% year-on-year, on close to 1.9 million tonnes of finished steel output, up 13% y-o-y. Of the total, revenues from domestic …
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Anonymous
Very good overview of the weekly steel market.
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