Friday, June 21, 2013

HSG comprehensive cooperation agreement with Vietinbank






On 20.06.2013, Hoa Sen Group Corporation (HSG) and Industrial and Commercial Bank of Vietnam (Vietinbank) signed a strategic cooperation agreement.


     Accordingly, Vietinbank will provide more than 2,500 credit limit for HSG billion to invest 2 cold rolling mill with a design capacity of 200,000 tonnes / year / lines and religious lines with production capacity of 400,000 tons / phase 2 of the project of Hoa Sen Phu My 6 year period and additional working capital for productive activities - business.

 

     8 months of the financial year 2012-2013 (from 10/2012 to March 5/2013), HSG exports reached 180 863 tonnes, 79% of the plan revenue 7542.5 billion, nearly 69% against the plan and profit after tax 513.3 billion, 128.3% of the plan.

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