In Q3/2025, Hoa Phat Group recorded revenue of 36.794 trillion VND and after-tax profit of 4.012 trillion VND, an increase of 7% and 33% compared to Q3/2024. For the first 9 months, revenue reached 111.031 trillion VND, up 5%, and after-tax profit reached 11.626 trillion VND, up 26%. The Hoa Phat Dung Quat 2 steel production complex has been completed. In 2025, Hoa Phat targets revenue of 170 trillion VND and after-tax profit of 15 trillion VND, achieving 65% of revenue and 78% of profit after 9 months. The steel and related products segment accounted for 93% of revenue and 83% of profit. In Q3, Hoa Phat produced 2.8 million tons of crude steel, up 35% year-on-year, and for 9 months, the total reached 7.9 million tons, up 23% compared to last year. The group is focusing on developing high-quality steel products and a steel rail plant project in Dung Quat, expected to launch in 2027, to meet domestic demand and export.
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