VDSC sees VND 5.4 trillion profit for Hoa Phat. Hoa Phat stock is 24.13 percent below high

Published on 10/09/2026 at 11:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

VDSC sees HRC at 2.15 million tons, up 70.00 percent year over year. Hoa Phat stock was VND 20,150.00 on October 8, 2026 versus VND 26,559.90.

VDSC sees VND 5.4 trillion third-quarter profit for Hoa Phat, up 34.00 percent year over year.
VDSC forecasts VND 54.0 trillion third-quarter revenue, up 48.00 percent year over year.
Hoa Phat stock stood at VND 20,150.00 on October 8, 2026, 24.13 percent below its 52-week high.
Hoa Phat trades on HOSE under ticker HPG and is classified in Materials.

Hoa Phat, VN000000HPG4, Illustration mit AI erstellt.

VDSC sees Hoa Phat profit at VND 5.4 trillion in the third quarter of 2026, up 34.00 percent year over year, according to CafeF on September 28, 2026. The forecast puts revenue at VND 54.0 trillion, up 48.00 percent year over year, while lower steel prices could pressure the gross margin.

Three forecasts shape the story

On September 2, 2026, Hoa Phat reported second-quarter revenue of VND 55.2 trillion and net profit of VND 6.4 trillion, increases of 54.00 percent and 51.00 percent year over year, respectively, according to Investing.com.

On September 28, 2026, VDSC projected third-quarter hot-rolled coil output at 2.15 million tons, up 70.00 percent year over year and 12.00 percent quarter over quarter. The same forecast put gross margin at 16.30 percent, down from 19.00 percent in the second quarter, as average steel prices were expected to fall 7.00 percent quarter over quarter.

What does Dung Quat 2 change?

The October 9, 2026 report from Bao Phap Luat identifies Dung Quat 2 as the main production driver behind the forecast. VDSC also projects full-year 2026 revenue of VND 197.0 trillion, up 26.00 percent, and net profit of VND 25.9 trillion, up 68.00 percent year over year.

Next reporting date

Investing.com lists December 2, 2026 as Hoa Phat's next results date. The company had generated VND 15.5 trillion in first-half 2026 profit, equal to 70.00 percent of its VND 22.0 trillion annual target, according to a September 2026 market report.

Stock remains below its yearly high

Hoa Phat stock stood at VND 20,150.00 on HOSE on October 8, 2026, against a 52-week high of VND 26,559.90 and a low of VND 19,600.00. The gap to the high was 24.13 percent, while the market capitalization was VND 170.1 trillion. The further course of trading is shown by the continuously updated real-time quote of Hoa Phat stock.