Hoa Phat Group JSC
VN:HPG
HPG's latest stock split occurred on May 23, 2024
The company executed a 11-for-10 stock split, meaning that for every 10 shares held, investors received 11 new shares.
Before the split, HPG traded at 28455 per share. Afterward, the share price was about 29500.
The adjusted shares began trading on May 23, 2024. This was HPG's 15th stock split, following the previous one in Jun 17, 2022.
4XO0
CMCT
Hoa Phat Group JSC
Glance View
Nestled at the forefront of Vietnam’s burgeoning industrial landscape, Hoa Phat Group JSC stands as a testament to the dynamic potential of the country's manufacturing sector. Founded in the early 1990s, the company initially carved a niche for itself in the trading of construction equipment. However, a strategic pivot towards self-reliance and expansion saw Hoa Phat diversifying its portfolio, with a keen focus on steel production. Today, it is the largest steelmaker in Vietnam, producing a significant portion of the nation’s hot-rolled coils, bars, and other steel products. The company’s vertical integration strategy—from mining its own iron ore to manufacturing a comprehensive range of steel products—has been pivotal in securing cost efficiencies and maintaining a competitive edge in both domestic and international markets. Beyond its steel empire, Hoa Phat has diversified into other sectors such as agriculture and real estate, demonstrating a strategic vision that extends beyond metallurgy. Its agricultural division is involved in areas such as feed production, livestock farming, and even breeding, reflecting a robust arm that complements the core business. This diversification acts as a buffer against the cyclical nature of the steel industry, providing stable revenue streams and underlining the company’s adaptive business model. Hoa Phat’s business approach, characterized by strategic vertical integration and diversification, ensures it remains resilient amidst fluctuating market conditions, effectively positioning it as a critical player in Vietnam’s industrial narrative.
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