Vietnam’s major steel producers report Q2 profit plunge
Three of the nation’s steel majors - Hoa Phat Group, Hoa Sen Group and Nam Kim - have reported significant profit declines in the second quarter of this year, while Vnsteel has posted a loss.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Steel giant Vnsteel appoints new chairman, general director
Vietnam Steel Corporation (Vnsteel), the country's leading steelmaker, has appointed Le Song Lai, its board member, as chairman.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Steel giant Vnsteel's Q1 profits drop 65%
Vietnam Steel Corporation (Vnsteel), the country's leading steelmaker, reported an after-tax profit of VND67.9 billion ($2.9 million) in the first quarter of 2023, falling 65% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam steel sales fall 23% to 3.9 mln tons in Jan-Feb
Steel sales in Vietnam fell 23.2% year-on-year to 3.85 million tons in the first two months of this year, including one million tons for export, down 10.4%, according to the 100-member Vietnam Steel Association (VSA).
Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7
Nam Kim Steel records first loss in 10 years
Nam Kim Steel, a major steelmaker in Vietnam, made a loss of VND66.7 billion ($2.84 million) in 2022, its first loss in 10 years, with net revenue reaching VND23,071 billion ($983.8 million), down 19% year-on-year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Steel giant Vnsteel suffers $35 mln loss in 2022
Vietnam Steel Corporation (Vnsteel), Vietnam's leading steelmaker, reported a loss of VND822 billion ($35 million) in 2022, while its profit hit VND859 billion ($36.63 million) in the previous year.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Steel giant Vnsteel posts $23 mln Q3 loss
Vietnam Steel Corporation (Vnsteel), Vietnam's leading steel maker, reported a loss of VND567.3 billion ($22.86 million) in the third quarter of the year due to costs exceeding selling prices and losses of its joint ventures and associates.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
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