Hoa Phat Group, with its slogan "Affirming the position of the leading industrial group in Vietnam," is an industrial manufacturing powerhouse founded in 1992. Originally a construction machinery trader, the group has transformed into a diverse conglomerate spanning five key sectors: Iron and steel, Steel products, Agriculture, Real estate, and Home appliances.
At the core of Hoa Phat's operations is steel production, generating 90% of its revenue and profit. With a designed capacity of 15 million tons annually, it stands as the largest steel producer in Southeast Asia, commanding the No.1 market share in Vietnam for both construction steel and steel pipes. Additionally, it ranks among the top five galvanized steel sheet manufacturers nationwide.
The company's prowess is also showcased in agriculture, with its egg production leading the northern Vietnam market and its pig farming operations being significant industry players. Recognized for its performance and profitability, Hoa Phat has consistently been a National Brand and has maintained a spot among the Top 10 largest private enterprises in Vietnam. It’s also one of the top corporate taxpayers and best-performing listed companies.
Investors will note the sizeable VND58.15T post-IPO secondary investment made on 24 May 2022, which reflects the company's strong market confidence and financial robustness.