Earnings Alerts

Hoa Phat Group Jsc (HPG) Earnings Surge: 2Q Profit Soars to 3.3T Dong, Up from 1.45T Dong YoY

  • Hoa Phat’s second quarter profit after tax reached 3.3 trillion dong, significantly higher than last year’s 1.45 trillion dong.
  • The company’s revenue for the second quarter was 39.6 trillion dong, a 33% increase year-on-year.
  • For the first half of the year, Hoa Phat reported a profit after tax of 6.2 trillion dong, compared to 1.83 trillion dong in the same period last year.
  • Revenue in the first half of 2024 stood at 70.4 trillion dong, showing a 25% growth year-on-year.
  • Market analysts currently rate Hoa Phat with 14 buys, 1 hold, and no sell recommendations.
  • All comparisons to past results are based on the company’s original disclosures.

A look at Hoa Phat Group Jsc Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analyzing the Smartkarma Smart Scores for Hoa Phat Group Jsc, the company shows a promising long-term outlook. With a solid showing in momentum, scoring 4 out of 5, Hoa Phat Group Jsc demonstrates strong market traction and potential for sustained growth. Additionally, scoring 3 out of 5 in both value and growth, the company indicates a good balance between intrinsic worth and future expansion prospects. These factors position Hoa Phat Group Jsc favorably for investors seeking stability and growth in their portfolios.

Despite a lower score in dividends at 1 out of 5, Hoa Phat Group Jsc‘s resilience score of 3 indicates the company’s ability to weather uncertain economic conditions and maintain its operations effectively. Overall, with a diversified manufacturing portfolio that includes steel, furniture, and refrigeration equipment, Hoa Phat Group Jsc presents a compelling investment opportunity for those looking to capitalize on a company with a solid growth trajectory and market momentum.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars