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Hoa Phat Group achieved VND44.4 trillion in income, up 41 per cent over the identical interval final 12 months whereas its after-tax revenue posted 17 per cent year-on-year enhance to VND8.2 trillion within the first quarter of the 12 months.
Its metal manufacturing and associated merchandise contributed 90 per cent to the group’s general outcomes.
The group produced 2.16 million tonnes of crude metal within the three month interval, rising 8 per cent over the identical interval final 12 months. Gross sales quantity of completed building metal, metal billet and sizzling rolled coil (HRC) reached 2.17 million tonnes, representing 12 per cent year-on-year enhance. By which, completed building metal was 1.34 million tonnes, up 57 per cent over the corresponding interval final 12 months. Its hot-rolled coil within the first three months of the 12 months reached 763,000 tonnes, up 15 per cent over the identical interval in 2021. HRC downstream merchandise corresponding to metal pipes and galvanized metal had been 207,000 tonnes and 105,000 tonnes, respectively, a rise of 13 per cent and 43 per cent over the identical interval in 2021.
Within the agricultural sector, Hoa Phat maintains an acceptable output stage, saving prices with a view to optimise prices when enter materials costs had been on the rise. Within the area of actual property, its industrial parks corresponding to Pho Noi A and Yen My II proceed to be expanded. The occupancy charge reaches 100 per cent of the areas which had been invested in technical infrastructure. The group additionally actively researched and applied quite a lot of city actual property tasks with excessive liquidity in quite a lot of provinces and cities.
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