On April 17, Hòa Phát Group (HPG) will hold its 2025 Annual General Meeting (AGM) amid significant challenges facing the Vietnamese steel industry, especially concerning anti-dumping issues. Hòa Phát aims for a revenue of 170 trillion VND, up 21% from last year, with a net profit of 15 trillion VND, a nearly 25% increase. Notably, the company has changed its 2024 dividend policy from 5% cash to 20% stock to ensure liquidity. At the AGM, shareholders will pose 10 key questions including the likelihood of achieving business targets amidst current challenges, reasons for changing the dividend policy, concerns over potential oversupply after the Dung Quất 2 plant operation, the impact of major infrastructure projects, competition in providing high-quality steel, implications of anti-dumping measures, agricultural strategy after the new livestock law, how recent tariff policies affect industrial parks (IPs), debt impact on investment capacity, and the succession plan of the management team.
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