Record Number of Hòa Phát Shareholders, Equivalent to 5 Mỹ Đình Stadiums in Capacity

On April 17, Hòa Phát Group (HPG) held its 2025 annual shareholders’ meeting with over 194,000 shareholders, the highest on the Vietnam stock exchange. The meeting was attended by more than 1,000 shareholders. Hòa Phát aims for a revenue target of 170 trillion VND, up 21% from last year, and a post-tax profit of 15 trillion VND, a surge of nearly 25%. Notably, Hòa Phát will distribute a 20% dividend in shares instead of 5% cash and 15% in shares, ensuring adequate funding. Hòa Phát is focusing on producing high-quality steel to replace imports and prioritizing the Dung Quất 2 steel project, projected for completion in 2025, which will boost production capacity to 15 million tons per year, supporting growth for the coming years.