Earnings Alerts

Hoa Phat Group Jsc (HPG) Earnings Surge: 3Q Profit After Tax Soars to 3.02 Trillion Dong, Up 51% Y/Y

By October 15, 2024 No Comments
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  • Hoa Phat’s profit after tax for the third quarter is 3.02 trillion dong, showing a 51% increase compared to the same period last year.
  • In the first nine months of the year, Hoa Phat reported a profit after tax of 9.2 trillion dong, a significant rise from 3.8 trillion dong year-on-year.
  • The company’s performance has attracted positive evaluations, with 14 buy recommendations, 2 hold recommendations, and no sell recommendations.

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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

Based on the Smartkarma Smart Scores, Hoa Phat Group JSC shows a promising long-term outlook ahead. With a solid score of 4 in Momentum, the company has demonstrated strong positive price trends that investors may find attractive. Additionally, scoring 3 in both Value and Growth, Hoa Phat Group JSC is positioned well in terms of its valuation and potential for future expansion. Moreover, the company also scores a 3 in Resilience, indicating a certain level of stability and ability to weather economic uncertainties.

However, it should be noted that Hoa Phat Group JSC scores the lowest in the Dividend category with a score of 1, suggesting that it may not be a top choice for investors seeking regular income through dividends. Overall, with its diversified manufacturing portfolio spanning steel, furniture, and refrigeration equipment, Hoa Phat Group JSC presents itself as a dynamic player in the market with strong growth potential backed by solid 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.
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