As of January-September, Hoa Phat has achieved more than 50 percent of its revenue and profit targets for 2025.

Vietnamese steel giant Hoa Phat Group has announced financial results for the third quarter and the first nine months of 2025.

In the third quarter, the company's revenue was 36.79 trillion dong ($1.39 billion), an increase of seven percent year-on-year, and net profit reached 4.01 trillion dong ($152.42 million), an increase of 33 percent compared to the same period last year.In the first nine months of this year, the company achieved revenue of 111.03 trillion DONG ($4.22 billion) and net profit of 11.62 trillion dong ($441.66 million), an increase of 5% and 26% year-on-year, respectively.

Meanwhile, the company has completed its Hoa Phat Dung Quat 2 Integrated Steel Complex project.

Hoa Phat has set an annual revenue target of 170 trillion dong and a net profit target of 15 trillion dong for 2025. With current results, the Group has completed 65 percent of its revenue and 78 percent of its profit targets in nine months. The steel segment and related products remained the main suppliers, accounting for 93 percent of total revenue and 83 percent of net profit.