In the first quarter of 2025, Hoa Phat Group (HPG) reported promising business results. Total revenue reached approximately 12 trillion VND, a 15% increase compared to the same period last year. Net profit reached 1.5 trillion VND, reflecting a 10% growth from Q1/2024, driven by increased production and enhanced operational efficiency. HPG continued to focus on construction steel products, with consumption volume rising due to recovering demand in the construction market. The company also announced plans to expand production capacity and invest in new technologies to improve competitiveness. HPG forecasts that business results will remain favorable in the coming quarters, supported by major projects in progress and economic recovery.
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