Hoa Phat’s steel sales rose by 34% y-o-y to 1.85 mnt in Q1CY’24 against Q1CY’23. Crude steel production surged by 70% y-o-y to 2.1 mnt during the same time period. In addition, sales increased by 34% m-o-m reaching 693,000 t in Mar’24 against Feb. Furthermore, crude steel production in Mar went up by 7% m-o-m to 741,000 t as compared to Feb.
