01
Aug
07:29
Output and prices drive Hoa Phat profits
Vietnam’s Hoa Phat Group has reported sharp increases in its first half earnings. While construction steel output increased only slightly, other sectors such as pipes saw stronger increases, Kallanish notes.
The company earned net profits of VND 4.4 trillion ($189 million) on revenues of VND 27.6 trillion over January-June 2018, up 27% and 30% year-on-year respectively. Despite conducting a two month maintenance on one of its blast furnaces, the company pr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous