Hoa Phat Group JSC 2019 AR2
The report highlights Hoa Phat Group's operational and financial performance for the fiscal year 2019, during which the company achieved a record net income of nearly VND 65,000 billion and saw its total assets exceed VND 100,000 billion for the first time. The steel segment remained the core driver, accounting for 80% of total revenue, with construction steel and steel pipes maintaining their leading market shares in Vietnam. The group also advanced its sustainable development initiatives, implementing a closed circular economic model in its steel production complexes to recover waste gas, water, and heat, and converting blast furnace slag into building materials. Additionally, the company contributed over VND 6,600 billion to the State Budget and invested nearly VND 19 billion in social and charity programs.
Company: Hoa Phat Group JSC
Sector: Manufacturing
Country: Vietnam
Year: 2019
Type: AR2
Pages: 155
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Hoa Phat Group JSC
Annual Report
The report highlights Hoa Phat Group's operational and financial performance for the fiscal year 2019, during which the company achieved a record net income of nearly VND 65,000 billion and saw its total assets exceed VND 100,000 billion for the first time. The steel segment remained the core driver, accounting for 80% of total revenue, with construction steel and steel pipes maintaining their leading market shares in Vietnam. The group also advanced its sustainable development initiatives, implementing a closed circular economic model in its steel production complexes to recover waste gas, water, and heat, and converting blast furnace slag into building materials. Additionally, the company contributed over VND 6,600 billion to the State Budget and invested nearly VND 19 billion in social and charity programs.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees