HÀ NỘI — Giant steelmaker Hòa Phát Group (HPG) hopes to achieve VNĐ9 trillion (US$390 million) in post-tax profit this year, up 19 per cent year-on-year.
The group's management board recently approved the production and business plan for 2020 to submit to the Annual General Meeting of Shareholders, set to take place on June 25.
The group targets to earn a revenue of VNĐ86 trillion this year, up 33 per cent against last year.
The board of directors also approved the plan for dividend payment in 2019 with the payout ratio of 25 per cent. The form of payment is 5 per cent in cash and 20 per cent in stock.
Shanghai Metals Market repeats witness on aluminium and alumina prices going opposite directions
Aluminium prices rise across the board on SMM, defying previous week’s declining trend
