Steel giant Hoa Phat plans charter capital hike to $2.5 bln via share issuance

Steel giant Hoa Phat plans charter capital hike to $2.5 bln via share issuance

Vietnam’s leading steel maker Hoa Phat will issue nearly 581.5 million shares to existing shareholders at a rate of 10%, raising its charter capital from VND58.15 trillion to VND64 trillion ($2.51 billion).

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

Steel giant Hoa Phat aims for $406 mln profit, 10% dividends in 2024

Steel giant Hoa Phat aims for $406 mln profit, 10% dividends in 2024

Vietnam’s top steelmaker Hoa Phat Group is targeting VND140 trillion ($5.68 billion) in revenue and VND10 trillion ($405.7 million) in net profit this year, respective increases of 17% and 46% compared to 2023.

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

Steel giant Hoa Phat targets $336 mln in 2023 profit

Steel giant Hoa Phat targets $336 mln in 2023 profit

Hoa Phat Group, the largest Vietnamese steelmaker, targets to reach revenue of VND150 trillion ($6.29 billion) in 2023, and after-tax profit of VND8 trillion ($336 million), up 6% but down 5% year-on-year, respectively.

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

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