| Title | HPG Update Report - OUTPERFORM - Dung Quat 2 fuels double—digit compound growth for HPG in the mid—term |
|---|---|
| Category: | Company Report |
| Source: | Bao Viet Securities |
| Industry: | Basic Materials |
| Business: | Hoa Phat Group Joint Stock Company |
| Detail: |
11/11/2025
0
pdf
English
0 kb
0
|
| Summary: |
BVSC projects HPG’s 2026 revenue to exceed VND197.6 trillion (+24.6% YoY) and profit to reach VND23 trillion (+40% YoY), fueled by recovering domestic steel demand and governmental protection for the local steel sector. BVSC reiterates the OUTPERFORM rating on HPG shares, setting a 2026 target price of VND38,650/share, implying a 2026 P/E of 12.9x, which is below the industry P/E of 16x. …………………………………………… Please find the attached file below.   |
