HPG - High steel prices drive record high Q2 2021 earnings - Earnings Flash
  • 29 Jul 2021
  • Company Research
HPG released Q2 2021 results with revenue of VND35.1tn (USD1.5bn; +72% YoY) and NPAT-MI of VND9.7tn (USD422.7mn; +254% YoY). We attribute these strong Q2 2021 earnings to 1) healthy sales volume growth (details in Figure 1) and 2) both construction steel