23-Jul-2021 Intellasia |
VNS |
5:02 AM
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Metal maker Hoa Sen Group (HSG) reported gross sales quantity of 615,425 tonnes, income of VND13 trillion (US$564.2 million) and revenue after tax of VND1.7 trillion in Q3 of the fiscal 12 months 2020-2021, from April 1, 2020 to June 30, 2021.
These symbolize a rise of 56 per cent, 90 per cent, 435 per cent year-on-year, respectively.
In June alone, gross sales quantity reached 175,763 tonnes, income was estimated at VND3.87 trillion, revenue after tax was VND562 billion.
Within the first 9 months of this 12 months, gross sales quantity was estimated at 1.7 million tonnes, income reached VND32.93 trillion, revenue after tax totalled VND3.37 trillion, up by 54 per cent, 72 per cent and 381 per cent, respectively over the identical interval final 12 months.
With this outcome, HSG has fulfilled 94 per cent of the gross sales quantity, 99.8 per cent of the income plan and 225 per cent revenue plan of the fiscal 12 months 2020-2021.
Amid the 4th wave of the COVID-19 pandemic, a consultant of HSG mentioned it had actively organised a system of factories and shops nationwide to comply with strict rules on pandemic prevention, finishing up RT-PCR exams for staff as soon as every week, making certain the corporate’s enterprise and manufacturing will not be interrupted.
The consultant additionally mentioned that HSG’s export quantity was rising strongly in each conventional markets and newly exploited markets, particularly in markets with excessive demand for galvanised metal corresponding to North America, South America and Europe.
HSG had signed export contracts with clients till the top of November 2021, with a median export quantity of over 120,000 tonnes per 30 days. The system of 536 branches, retail shops throughout areas and 10 factories positioned close to worldwide ports had ensured the manufacturing and provide of products in all situations.
Subsequently, though the home market was affected by the pandemic, HSG nonetheless maintained a steady gross sales quantity, bringing in income of about VND4 trillion per 30 days.
http://bizhub.vn/markets/hoa-sen-group-sees-profit-and-revenue-increase_326014.html
Class: Enterprise, Vietnam
Article supply: https://www.intellasia.web/hoa-sen-group-sees-profit-and-revenue-increase-936884