Hoa Sen Group gets on City board list

The Binh Duong based steel Hoa Sen Group (HSG) became the 168th listed firm on the board of the Ho Chi Minh Stock Exchange on Dec. 5, a move expected to improve liquidity for its more than 57 million shares.

HSG owns several factories, including a cold rolling steel plant of 180,000 tonnes, a zinc-aluminum alloy plating steel plant of 150,000 tonnes annually, and a building materials factory capable of producing 165,000 tonnes of steel pipes and 44,000 tonnes of plastic pipes and other plastic items.

Operating 82 distribution branches nationwide, the company netted a profit of 215 billion VND (13 million USD) for the first half of the year, up from last year’s 170 billion VND.

VNA

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