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Thursday, 4-6-26 05:35:34

Economics

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Hoa Sen Group opens its new production line

Once put into operation, the line will contribute to ensure the Group’s target completion in the financial year of 2012-2013 with the output of 541,800 tons and turnover of VND11tril and after-tax profit of VND400bil. 

This is the next way of process of implementing output of 1 million tons and revenue of US$1bil and after-tax profit of VND500mil-1tril for 3-5 next years.

Also the same day, Hoa Sen Group and Thai’s Asava Metal Ltd. signed a franchise contract to increase density of usage of Hoa Sen Group’s products in Thailand.

Hoa Sen Group signed MoUs with 2 Thai partners including Asava Metal Ltd. Co. and BK Metal Sheet Ltd. Part. The cooperation will bring high quality products for Thai customers and affirm Hoa Sen Group’s trademark into the world market.

On this occasion, Hoa Sen Group granted VND500mil to Ba Ria-Vung Tau province’s heart surgery program.

Reported by T.Dong – Translated by A.C

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