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Hoa Phat achieved revenue of over 4 billion USD in 9 months

Việt NamViệt Nam10/10/2024


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Hoa Phat's 9-month revenue reached over 4 billion USD

In the third quarter of 2024, Hoa Phat Group achieved revenue of more than 34,000 billion VND, an increase of 19% over the same period last year.

In the first 9 months of 2024, Hoa Phat recorded more than 105,000 billion VND in revenue (equivalent to more than 4 billion USD), an increase of 23% over the same period last year, completing 75% of the 2024 plan.

In the third quarter, Hoa Phat's domestic construction steel market share remained the leader with 38%. Hot rolled coil steel reached 738,000 tons, equivalent to the second quarter.

In the first 9 months of 2024, Hoa Phat Group produced 6.4 million tons of crude steel, an increase of 34% over the same period in 2023. Sales output of all types of steel (excluding steel pipes and galvanized steel) reached 6.1 million tons, an increase of 32%.

In the container segment, Hoa Phat continuously receives many orders from leading prestigious partners in Vietnam and the world such as Hapag-Lloyd, SeaCube, Hai An...

Regarding agricultural products, Hoa Phat maintains its position and market share in the leading group of clean chicken eggs and commercial pigs supplied to the market. In particular, Hoa Phat is currently in the Top 3 largest clean chicken egg producers in Vietnam and the leader in the North.

Hoa Phat household appliances launched a series of new products such as electric fan collection, new air cooler, semi-industrial RO water purifier, Funiki blender, Funiki rice cooker with lid...

Other products of Hoa Phat such as air conditioners, freezers, refrigerators, dishwashers, etc. sell very well, especially during the hot season.

Hoa Phat also continues to invest in expanding existing industrial parks in Hung Yen and Ha Nam, creating more clean land and technical infrastructure to serve the investment and production needs of domestic and foreign enterprises.

The Group is focusing on implementing the construction of the Hoa Phat Dung Quat 2 Iron and Steel Complex project, with a scale of 5.6 million tons of hot-rolled steel coil/year.

In the past 9 months, Hoa Phat has also carried out many charity and social programs such as building 300 gratitude houses in Tra Vinh; donating more than 300 water purifiers to schools and medical facilities nationwide; sponsoring the construction of Binh Dong Primary School project in Binh Son district, Quang Ngai worth more than 40 billion VND...

In particular, although Hoa Phat factories and farms in the northern provinces such as Hai Duong, Hung Yen, Bac Giang, Thai Binh, Yen Bai, Phu Tho suffered great damage due to storm No. 3 (Yagi) and floods caused by post-storm circulation, with the spirit of mutual love, the group and its employees joined hands to spend tens of billions of VND to support people who were severely damaged by the storm to stabilize their lives.

Most recently, on October 5, responding to the Government's call, Hoa Phat Group donated 50 billion VND to the program to eliminate temporary and dilapidated houses nationwide.

TB (summary)


Source: https://baohaiduong.vn/hoa-phat-dat-doanh-thu-tren-4-ty-usd-trong-9-thang-395337.html

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