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Vietnam's Hoa Phat Group has exceeded its net profit target for 2025

Вьетнамская Hoa Phat Group превысила целевой показатель по чистой прибыли на 2025 год
Vietnamese steel producer Hoa Phat Group has announced financial results for the fourth quarter and the full year 2025.

In the fourth quarter, Hoa Phat Group achieved a net profit of 3.88 trillion dong ($149.38 million), an increase of 29% year-on-year, while the company's sales revenue was 47.33 trillion dong ($1.82 billion), an increase of 34% year-on-year.

In 2025, Hoa Phat sales revenue amounted to almost 158.33 trillion dong ($6.1 billion), an increase of 13% year-on-year, reaching 93% of the annual plan, while net profit was 15.51 trillion dong ($597.61 million), an increase of 29% year-on-year and exceeding the annual target by 3%.

In the specified year, the company produced 11 million tons of steel, which is 26 percent more than in the previous year, while the production of HRC, construction steel, high-grade steel and steel billets reached 10.6 million tons, which is 31 percent more than in the previous year. Of these, the HRC amounted to five million tons, an increase of 73 percent compared to 2024. The sharp increase in HRC production was partly due to the completion of the Hoa Phat Dung Quat 2 integrated steel complex, which began delivering products in September 2025.

The company is accelerating the construction of a rail steel and special steel mill in Dung Quat. The plant is expected to start producing rail steel in 2027, supplying major national railway projects and exporting it to international markets.



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