Hoa Sen Group (HSG) reported that for the first 9 months of FY 2024-2025, the estimated net profit reached 647 billion VND, exceeding the set target by 29%. Despite the impacts of U.S. tariff policies, HSG stated that its production and business activities are not affected. The total revenue is estimated at 28.176 trillion VND, achieving 74% of the plan. HSG also recorded a production volume of 1.420 million tons, reaching 73% of the plan. The company continues to leverage its steel and plastic pipe products while developing the Hoa Sen Home chain of building materials and interior supermarkets to secure market share and profits. In Q4, HSG plans to implement comprehensive solutions to complete annual goals and enhance profits for shareholders.
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