Vietnam's major steel producers report Q2 profit plunge
Three of the nation’s steel majors - Hoa Phat Group, Hoa Sen Group and Nam Kim - have reported significant profit declines in the second quarter of this year, while Vnsteel has posted a loss.
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Three of the nation’s steel majors - Hoa Phat Group, Hoa Sen Group and Nam Kim - have reported significant profit declines in the second quarter of this year, while Vnsteel has posted a loss.
GFM SERVICES BERHAD [Registration No.: 201301003302 ] MINUTES OF THE TENTH ANNUAL GENERAL MEETING OF GFM SERVICES...
Hoa Phat Group, Vietnam's largest steelmaker, sold 2.9 million tons of construction steel, billets and hot-rolled coils (HRC) in the first half of the year, down 27% year-on-year.
In the first quarter of the year, Hoa Phat Group achieved revenue of VND26.8 trillion, reducing 39 per cent compared to the same period last year. Its consolidated after-tax profit reached... | April 25, 2023
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