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Hung Cuong Steel Joint Stock Company (Vietnam)

Main Activities: Metal Service Centers and Other Metal Merchant Wholesalers
Secondary Activities: Cement Manufacturing | Iron and Steel Mills and Ferroalloy Manufacturing | Ferrous Metal Foundries
Full name: Hung Cuong Steel Joint Stock Company Profile Updated: February 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Established in 2005 in Hai Phong City, the subject operates in the field of trading all kinds of steel pipes. It mainly imports steel pipe from China (mainly), South Korea, Japan, and India then supplies for domestic market. The company imports steel from 4 - 5,000 tons monthly from foreign partners. Its main customers are shipbuilding, construction, oil and gas companies ... 2022 is a difficult year for the steel industry when both sales volume and steel price drop sharply compared to 2021. The forecast of domestic steel consumption in 2023 can be supported by public investment. Specifically, in the medium-term public investment plan for the 2021-2025 period, the total public investment plan capital for the 2021-2025 period will reach VND 2,800,000 billion, up 43.5% compared to the plan for the 2016-2020 period. Disbursement of public investment accelerated gradually in the fourth quarter of 2022.

Headquarters
Km 87+900, Road No. 5 (New), Nam Son Commune
Hai Phong municipality; Red River Delta; Postal Code: 04000-05000

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Website: http://www.hcsteel.vn

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
November 28, 2005
Key Executives
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Director
Ownership Details
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60%
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6%
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4%
Company Performance
Financial values in the chart are available after Hung Cuong Steel Joint Stock Company report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency VND. Absolute financial data is included in the purchased report.
Net sales revenue
105.42%
Total operating revenue
105.42%
Operating profit (EBIT)
22.33%
Net Profit (Loss) for the Period
22.33%
Total assets
1.64%
Total equity
0.34%
Operating Profit Margin (ROS)
-0.14%
Net Profit Margin
-0.11%
Return on Equity (ROE)
0.12%
Debt to Equity Ratio
1.75%
Quick Ratio
0.2%
Cash Ratio
0.02%

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