10
Jan
08:53
Hoa Sen profits double on revenue boost
Vietnam’s Hoa Sen Group hopes to achieve revenues of VND 23 trillion ($1 billion) in the financial year ending September 2017, while after tax profit could gain around 10% to VND 1.65 trillion. The company’s more ambitious capacity expansion plans remain the subject of debate however, Kallanish notes.
Key to the boost in revenues will be around a 30% bump in steel sales volumes from 1.2 million tonnes in the year ended September 2016, to 1.65mt in th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous