Analyst Pin-board: HPG - Updates
11M2019 performance update
HPG has sold roughly 2.5 million tons of construction steel in 11M2019 (+15.0% YoY). Noticeably, HPG’s construction steel selling volume has been growing fast in Vietnam’s southern and central markets, increasing by 104.7% (11M2019, YoY) and 54.4% (11M2019, YoY) respectively. According to management, HPG’s construction sales could reach 2.7 million tons in 2019 and 3.7 million tons in 2020.
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