Hoa Phat achieved after-tax profit of more than 7,600 billion VND in the first six months of the year, increasing HRC output to 9 million tons.

In the second quarter of 2025, Hoa Phat Group recorded more than 36 trillion VND in revenue and 4,300 billion VND in profit after tax. In the first 6 months of the year, the Group achieved more than 74 trillion VND in revenue and more than 7,600 billion VND in profit after tax, up 5% and 23% respectively over the same period last year.

Hoa Phat achieved after-tax profit of more than 7,600 billion VND in the first six months of the year, increasing HRC output to 9 million tons.

Hoa Phat Group will complete blast furnace No. 6, part of phase 2 of the Hoa Phat Dung Quat 2 Iron and Steel Complex project, in September 2025. After completion, the Group's total steel output will reach a total of 16 million tons/year, including 9 million tons of hot-rolled coil steel, meeting 100% of the demand for this product in the Vietnamese market.

In 2025, Hoa Phat plans to achieve VND170,000 billion in revenue and VND15,000 billion in profit after tax. With the above results, after the first six months of the year, the Group has completed 44% of the revenue plan and 51% of the profit after tax plan. The steel group and related products are the main contributors with nearly 90% to the Group's consolidated revenue.

In the second quarter of 2025, Hoa Phat Group produced 2.5 million tons of crude steel, equivalent to the first quarter and up 10% over the same period in 2024. Sales volume of hot rolled coil (HRC), construction steel, high-quality steel and steel billets reached 2.6 million tons, up 9% over the previous quarter and 18% over the same period in 2024.

In the first 6 months of the year, Hoa Phat Group produced 5.1 million tons of crude steel, up 17% compared to the first 6 months of 2024. Sales of HRC, construction steel, high-quality steel and steel billets reached 5 million tons, up 23% compared to the first half of last year. Hot-rolled coil alone increased by 42% compared to the first half of 2024.

Hoa Phat's agricultural sector achieved exceptionally excellent results in the first 6 months of the year, with revenue and after-tax profit growing by 38% and 130% respectively over the same period last year.

On August 19, 2025, Hoa Phat will start construction of a factory producing high-speed train steel rails and special shaped steel in Dung Quat - Quang Ngai to supply products for key national projects such as the North - South high-speed railway project, the Hai Phong - Hanoi - Lao Cai railway project, and many urban railway projects in Hanoi and Ho Chi Minh City.

Source: https://www.hoaphat.com.vn/tin-tuc/hoa-phat-dat-loi-nhuan-sau-thue-hon-7-600-ty-dong-trong-sau-thang-dau-nam-nang-san-luong-hrc-len-9-trieu-tan.html