AsemconnectVietnam - At the end of April 2025, Hoa Sen Group (code HSG - HOSE) said that its output reached 946,648 tons, net revenue reached VND21,939 billion and profit after tax was VND89 billion.

Thus, the cumulative estimate for the 7 months of the 2024-2025 fiscal year, HSG has completed 57% of the output plan; 58% of the revenue plan and 92% of the profit after tax plan according to the high option. The fact that the profit after tax is almost completed earlier than the output and net revenue shows that Hoa Sen Group is operating with a higher profit margin than planned, thereby being able to improve the Company's operating efficiency.
Regarding export activities, since September 2024, the US Department of Commerce has initiated anti-dumping and anti-subsidy investigations on galvanized, cold-galvanized and color-coated steel products exported from Vietnam. Due to customers' cautious sentiment, Hoa Sen Group's export activities to the US have been temporarily interrupted since September 2024.
However, Hoa Sen Group continues to seek and expand new potential and developing export markets, diversifying export products to more than 90 other countries and territories. At the same time, with the advantage of owning a Hoa Sen Home construction materials and interior supermarket system with more than 400 stores in 63 provinces and cities, ensuring the supply of products to consumers, Hoa Sen Group has also promoted the consumption of products in the domestic market.
Thanks to that, according to the report of the Vietnam Steel Association, Hoa Sen Group continues to be the company with the leading market share in Vietnam in the galvanized steel segment (29%) and the second in the steel pipe segment (15%).
In addition, in the first 6 months of the 2024-2025 fiscal year, Hoa Sen Group also recorded a positive cash flow from business operations of nearly VND 2,030 billion, helping the Company ensure finances, proactively pay off loans, increase financial safety ratio; thereby continuing to enhance the Company's reputation with banks and partners, proactively developing the Hoa Sen Home system in the medium and long term, creating a premise for sustainable growth in the long term.
Despite the temporary suspension of export activities to the United States for 06 months from September 2024, the positive business results in the first 06 months of FY 2024-2025 show that Hoa Sen Group has outstanding ability to adapt to market fluctuations, and the US tariff policy does not affect the Group's business activities.
With the above positive business results, Hoa Sen Group expects to exceed the business targets of FY 2024-2025 according to the high plan approved by the General Meeting of Shareholders.
N.Nga
Source: VITIC/Tinnhanhchungkhoan