In the fiscal year 2024, Hoa Phat parent company (HPG) reported notable financial results compared to last year. Revenue saw strong growth driven by increased product consumption, especially in the construction steel sector. Input material prices fluctuated but did not significantly impact profit margins. The company maintained stable profits while expanding production lines and enhancing market supply capacity. Investment plans were also implemented to strengthen competitive advantages, projected to yield long-term benefits. However, HPG faces challenges from policy adjustments and fierce competition from rivals. Nonetheless, with a clear strategy and strong internal support, HPG is confident in achieving its set goals for this fiscal year.
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