20
Jul
01:00
Hoa Phat sales volumes jump in H1
Vietnam’s Hoa Phat Group managed to increase its revenues in the first half of 2015 despite falling steel prices. Consolidated profit also grew by a smaller margin. The company has taken advantage of Vietnam’s construction boom by both supplying steel to the sector and profiting from building apartments itself, Kallanish notes.
Revenues were up 2.26% on-yeaar to VND 13.6 trillion ($620 million), while net profit after tax was up around …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous