Hoa Sen Group has reported an after-tax revenue of VND638 billion (US$28.2 million) within the first three months of its monetary 12 months 2021-22 ranging from October, growing 12 per cent from the identical interval final 12 months.
Its metal gross sales within the interval reached 604,518 tonnes, posting a 13 per cent year-on-year enhance whereas its income reached a report excessive of VND16.9 trillion, up 86 per cent from the identical interval final 12 months.
The group noticed constructive enterprise leads to the primary part of adapting to the “new regular” scenario.
Its exports posted spectacular outcomes with galvanized metal export quantity of greater than 115,000 tonnes per thirty days. With this outcome, Hoa Sen took the lead and accounted for 40 per cent of the overall exports of galvanized metal within the nation, in line with statistics from the Viet Nam Metal Affiliation.
The group would proceed to advertise exports by searching for and increasing new potential markets in addition to diversifying its merchandise this 12 months.
This 12 months is anticipated to have prospects as the development demand would recuperate strongly, growing metal consumption.
The group would proceed to diversify its merchandise within the native market similar to constructing supplies and interiors, creating its Hoa Sen House grocery store system and enhancing on-line gross sales channels by its web site and app.
By the tip of final 12 months, it introduced over 80 Hoa Sen House supermarkets into operation nationwide with the goal of turning into the main galvanized metal, constructing materials and inside group in Viet Nam.