HSG (Add) released its strong 1H20 preliminary results this morning showing net sales of VND12,365bn (-14.4% y/y) and net profit of VND381bn (+228.4% y/y). With this result, HSG completed 95.3% of its bottom line target this year. The surge in bottom line was mainly thanks to (1) a better product mix with higher portion of higher profitability products such as premium steel sheet products and (2) better cost managements post restructuring. We are waiting for full FS to have more detailed information.Hsg ce anh [mention]skynel [/mention]
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