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19 Oct
11:08

Hoa Phat output, profits jump

Vietnam’s Hoa Phat Group saw revenues grow 43% year-on-year over January-September 2017 to VND 33.8 trillion ($167 million), it reports. The company is also seeing volume grow and plans to commission new capacity, Kallanish notes. The steelmaker produced 1.6 million tonnes of finished steel products over the first nine months, up 31% y-o-y and compared to a production plan for the whole year of 2mt. Pipes remained a key product, with sales of almost 425,90…
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