In Q3/2025, Hoa Phat Group recorded VND 36,794 billion in revenue and VND 4,012 billion in post-tax profit, marking a 7% and 33% increase respectively compared to the same period in 2024.
For the first nine months, the Group achieved VND 111,031 billion in revenue, a 5% increase, and VND 11,626 billion in post-tax profit, a 26% rise year-on-year.
The entire Hoa Phat Dung Quat 2 Steel Complex project in Quang Ngai province has been completed.
For 2025, Hoa Phat targets VND 170,000 billion in revenue and VND 15,000 billion in post-tax profit. With these results, the Group has achieved 65% of its revenue target and 78% of its post-tax profit target after nine months. Steel and related products contributed significantly, accounting for 93% of revenue and 83% of post-tax profit.
In Q3/2025, Hoa Phat Group produced 2.8 million tons of crude steel, a 14% increase from Q2 and a 35% rise compared to Q3/2024. Sales of hot-rolled coil (HRC), construction steel, high-quality steel, and steel billets reached 2.5 million tons, down 4% from the previous quarter but up 21% year-on-year.
In the first nine months of 2025, Hoa Phat Group produced 7.9 million tons of crude steel, a 23% increase from the same period in 2024. Sales of HRC, construction steel, high-quality steel, and steel billets totaled 7.4 million tons, up 22% year-on-year.
Hoa Phat is focusing on developing high-quality steel products for industries such as mechanical engineering, automotive manufacturing, shipbuilding, oil and gas, household appliances, steel structures, and energy. The Group is also aggressively implementing the Dung Quat Rail and Shaped Steel Plant project on schedule. The plant is expected to produce rail steel by 2027, serving Vietnam’s key railway projects and international markets.
Hoa Phat Group is Southeast Asia’s largest steel producer, ranking among the top 30 steel companies globally. By 2026, Hoa Phat’s steel production capacity will reach 16 million tons annually, primarily HRC and high-quality steel, meeting both domestic and international market demands.
Hoa Phat Records Over 4,000 Billion VND in Q3 Profits, Up 33% Year-on-Year
In Q3/2025, Hoa Phat Group reported revenues of VND 36,794 billion and post-tax profit of VND 4,012 billion, marking a 7% and 33% increase, respectively, compared to the same period in 2024.
Novaland Posts Fourth Consecutive Quarterly Loss as Financial Costs Surge
The widening forex gap, amounting to a staggering 712 billion VND, has sent No Va Land Investment Group Corporation’s (HOSE: NVL) financial costs soaring. As a result, the company reported yet another quarterly loss in Q3 this year, marking the fourth consecutive quarter of negative results since Q4 2024.
Vingroup Launches Vinmetal Steel Company with $430 Million Charter Capital: Meet the Two Co-Founders
On October 6th, Vingroup announced the establishment of VinMetal Joint Stock Company, marking its official entry into the metallurgy industry and further expanding its existing industrial-technology pillar.
Vietnamese-Made Containers by Hoa Phat Debut at World Expo, Securing Deals with US and European Partners On-Site
Hòa Phát proudly presents its container solutions, branded as “Made in Vietnam – Made for the World,” alongside a range of in-house produced auxiliary materials, including flooring panels and cast corners. These critical components significantly enhance localization rates and reduce reliance on imported supplies.
DigiWorld Projects 23% Surge in Q3 Profits
DigiWorld Corporation (HOSE: DGW) has unveiled its estimated Q3 2025 financial results, reporting a remarkable revenue of VND 7.35 trillion and a post-tax profit of VND 150 billion. These figures represent a substantial growth of 18% and 23%, respectively, compared to the same period last year.
