📋 Tender Overview
Hoa Phat Group identifies the period 2026 - 2031 as a new growth cycle with an average growth target of 15% per year. Hoa Phats main driving force still comes from steel, but in the direction of upgrading product quality and expanding to special steel lines with high value such as railway rails, automotive industrial steel, cold stamping steel... Download Chairman of the Board of Directors of Hoa Phat Group Tran Dinh Long shared positive signs about the Groups growth prospects. At the Annual General Meeting of Shareholders taking place on April 21, Hoa Phat Group approved the 2026 business plan with the goal of Revenue target is 210,000 billion VND, an increase of 32.6% compared to 2025 and profit after tax is expected to reach 22,000 billion VND, an increase of 41.8%. No. 1 position in Vietnam in construction steel. In 2025, Hoa Phat will achieve 158,332 billion VND in revenue and 15,515 billion VND in profit after tax, an increase of 13% and 29% respectively compared to 2024. The steel production sector alone contributes to 93% of the groups total revenue. Steel sales volume of the entire system exceeded 10 million tons for the first time, up 25% over the previous year, of which hot rolled coil steel (HRC) grew over 70%. Hoa Phat continues to hold the No. 1 position in Vietnam in terms of construction steel and steel pipe market share, reaching 37.6% and 31.2%, respectively. Entering the first quarter of 2026, the growth momentum continues to extend. The group produced 3.3 million tons of crude steel, an increase of 25% over the same period last year. Sales output of construction steel products, high quality rolled steel, HRC and steel billets reached 3 million tons, an increase of 26%. Of which, construction steel and high quality steel rolls reached 1.4 million tons, an increase of 20%; HRC alone reached more than 1.4 million tons, a sharp increase of 48% compared to the first quarter of 2025. Currently, HRC consumption in the domestic market accounts for nearly 80%, showing that the room for import substitution is still very large. Hoa Phat Steel currently maintains the No. 1 market share in Vietnam with 36% and is present in more than 45 countries and territories. Not only steel, post-steel processing products also recorded positive growth. In the first quarter of the year, Hoa Phat supplied 241,000 tons of steel pipes and 106,000 tons of galvanized steel sheets, an increase of 30% and 19% respectively over the same period. Prestressed steel and drawn steel of all kinds reached more than 62,000 tons, an increase of 63%. Download Hoa Phat always gives the number 1 priority to the domestic market and maintains the export proportion at less than 20% to diversify the consumption market. Setting a target of 2-digit growth each year. In the context of a volatile global market, Chairman Tran Dinh Long said, Hoa Phat always gives the number 1 priority to the domestic market and maintains the export proportion at less than 20% to diversify the consumption market. Not stopping at short-term results, the Board Hoa Phat leaders identify the period 2026 - 2031 as a new growth cycle with an average growth target of 15% per year. The main driving force still comes from steel, but in the direction of upgrading product quality and expanding to special steel lines with high added value such as railway rails, steel for the automobile industry, cold stamping steel, prestressed steel, non-alloy spring steel and steel for the energy industry. Continuous investment in large-scale projects has made Hoa Phat the largest crude steel producer in Southeast Asia, with a capacity of 16 million tons/year from the end of 2026, among the TOP 30 largest steel enterprises in the world. The Hoa Phat Dung Quat special steel and rail manufacturing factory project with a capacity of 700,000 tons/year is being strongly promoted. After 3 months from the start date, the factory has completed 35% of the construction progress, expected to start installing the line from next June and produce steel rail products in the first quarter of 2027. In 2026, Hoa Phat plans a revenue of 210,000 billion VND, an increase of 32.6% compared to 2025 and an expected profit after tax of 22,000 billion VND, an increase 41.8% compared to 2025. This revenue is expected to be the highest in the last 5 years. Download HPA pursues a closed livestock model as its core strategy, helping to control costs, diseases and maintain profit margins. Hoa Phat Agriculture sets a profit target of more than 1,000 billion in 2026. On the same day, Hoa Phat Group continued to organize the 2026 Annual General Meeting of Shareholders of Hoa Phat Agricultural Development Joint Stock Company (HPA). The meeting approved the dividend payment plan for 2025 with a total rate of 56.4%, all in cash. In 2025, HPA has paid 35,464%, equivalent to nearly 947 billion VND. The remainder is 21%, equivalent to 598.5 billion VND. 2025 is the 10th year that Hoa Phat Group participates in the agricultural sector. HPA revenue reached 8,326 billion VND, an increase of 18% compared to 2024, completing 104% of the plan. Profit after tax reached 1,600 billion VND, up 55% over the same period, exceeding 22% of the plan. ROE reached 34%, ROA reached 50%, the highest in history. After 10 years, HPA has become one of the leading effective enterprises in the industrial livestock industry in Vietnam, with the No. 1 position in importing and fattening Australian cows, No. 1 market share of clean chicken eggs in the North and top 10 industrial-scale pig farming. The core advantage is the closed model from breeds, animal feed to the farm, helping to control about 70% of input costs across the chain. In 2026, the Board of Directors proposes a new share ratio.Expected 30% in cash, based on planned profit after tax of 1,005 billion VND and charter capital of 2,850 billion VND, equivalent to expected EPS of about 3,526 VND/share. Hoa Phat Agriculture plans to maintain the policy of paying dividends in
