26
Mar
11:33
Hoa Phat pushes capacity, revenues
Vietnam’s Hoa Phat Group says it expects to see revenue grow in 2018 but net profit to stay roughly flat from 2017. The company also says it has begun installing long product mills at its Dung Quat steelworks project, Kallanish notes.
The group hopes to earn revenue of VND 55 trillion ($2.41 billion), up from VND 46.8 trillion in 2017, while net profit will remain at around VND 8 trillion. In the first quarter of 2018 it estimated that it earned …
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Anonymous
Very good overview of the weekly steel market.
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