Hoa Sen Group beats 2025 profit targets amid volatile steel market
Hoa Sen Group has reported strong financial results for 2025, outperforming its profit targets despite a volatile steel market. The company achieved near-full sales and revenue goals while maintaining stability in uncertain conditions.
The group sold 1.845 million tons of steel in 2025, reaching 95% of its 1.95 million ton target. Revenue also hit 96% of projections, while after-tax profit soared to 735 billion VND—47% above the high-case target of 500 billion VND.
On January 5, Hoa Sen Group launched Hoa Sen Home JSC, a subsidiary with 1 trillion VND in charter capital. This new company will oversee domestic distribution and a network of building materials supermarkets. Plans are underway to increase its capital to 3 trillion VND by issuing 200 million shares to existing shareholders.
Looking ahead, the group has set a net profit goal of 600 billion VND (around $23 million) for the 2026 fiscal year. Two business scenarios have been proposed to adapt to ongoing market uncertainty. The company also aims to strengthen its operational base, improve efficiency, and tighten risk management.
Geopolitical tensions and fierce competition continue to shape global trade, prompting Hoa Sen Group to prioritise flexibility in its strategy.
Hoa Sen Group's 2025 performance highlights its ability to navigate market challenges while expanding its domestic presence. With a focus on operational stability and strategic growth, the company is preparing for another year of targeted expansion in 2026.
