In 2025, Hoa Phat Group (HPG) is projected to achieve a revenue of 155 trillion VND and a net profit of 12.591 trillion VND, representing an increase of 12% and nearly 5% compared to the previous year. The temporary anti-dumping tax on HRC steel imports from China and continuous growth in Vietnam’s steel industry create favorable conditions for HPG.
The company is expanding production capacity with the Dung Quat 2 project expected to go live in Q2 2025 while controlling raw material costs to enhance profit margins. HPG is currently the largest steel producer in Vietnam and Southeast Asia with a production capacity of 8.9 million tons/year.
In addition to steel, HPG is also involved in agriculture with annual revenue of about 7 trillion VND from animal feed and livestock products. The real estate and electrical appliance sectors also significantly contribute to HPG’s total revenue.
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