Steel giant Hoa Sen targets after-tax profit of $20.3 mln in 2023-2024 fiscal year

Steel giant Hoa Sen targets after-tax profit of $20.3 mln in 2023-2024 fiscal year

Multi-sector group Hoa Sen is targeting VND400-500 billion ($20.3 million) in after-tax profit in the 2023-2024 fiscal year, significantly higher than the VND30 billion recorded the previous year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Formosa Ha Tinh Steel suffers 2022 loss of $320 mln in Vietnam

Formosa Ha Tinh Steel suffers 2022 loss of $320 mln in Vietnam

Formosa Plastics Group’s turnover from its Vietnam activities fell 12% year-on-year to TWD158.1 billion ($5.1 billion) in 2022, and Formosa Ha Tinh Steel posted a loss of TWD10 billion ($322 million), according to the Taiwan-based giant’s annual report for last year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Hyosung Chemical records $23 mln Q1 loss in Vietnam

Hyosung Chemical records $23 mln Q1 loss in Vietnam

Hyosung Chemical, the chemical arm under South Korea’s multi-sector business Hyosung, recorded a loss of KRW30.1 billion ($22.86 million) from its Vietnam operation in the first quarter of this year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

An Phat plastics venture abroad with green vision

An Phat plastics venture abroad with green vision

An Phat Holdings is known as a Vietnamese corporate pioneer not only for research and development of biodegradable materials and products but also riding the wave of cross-border e-commerce with a green vision.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Plastic firm Binh Minh reaps highest quarterly profit in 6 years

Plastic firm Binh Minh reaps highest quarterly profit in 6 years

Binh Minh Plastics JSC, Vietnam's leading plastics company, recorded an after-tax profit of VND175 billion ($7.05 million) in the third quarter of the year, the highest since Q4/2016.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7