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Prosperous Profits & Pioneering Projects Propel Hoa Phat
Hoa Phat Group reported VND 7.6 trillion ($298 million) after-tax profit for the first half of 2025, a 23% increase year-on-year. The Group produced 5.1 million metric tons of crude steel, as new capacity boosts hot-rolled coil output to 9 million metric tons. Agriculture profits also surged 130%. Plans for a new rail steel plant in Dung Quat align with Vietnam’s infrastructure push. Hoa Phat’s stock rose 1.2%, reflecting investor confidence in its balanced growth.
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