Source-linked briefing Business

Hoa Phat Posts Record Quarter, Targets VND22 Trillion Profit by 2026

Hoa Phat Posts Record Quarter, Targets VND22 Trillion Profit by 2026

Hoa Phat Group reported about VND53.3 trillion (US$2 billion) in revenue, up roughly 40% year‑on‑year, and more than VND9 trillion in net profit — its highest quarterly result. The steelmaker reaffirmed an ambition to reach VND22 trillion in profit in 2026.

Original headline

Hòa Phát reports strongest-ever quarterly earnings, eyes VNĐ22 trillion profit in 2026