HOA PHAT COLD ROLLED STEEL COMPANY LIMITED

HOA PHAT COLD ROLLED STEEL COMPANY LIMITED (CÔNG TY TNHH THÉP CÁN NGUỘI HOÀ PHÁT) is a core subsidiary within the Hoa Phat Group’s vast industrial ecosystem. It specializes in the production of cold-rolled steel, a critical input for Vietnam’s construction and manufacturing sectors. With a legal identity registered under Business ID and TIN: 0900233014, this one-member limited liability company has been operational since November 17, 2004, serving domestic and export markets from its base in Pho Noi A Industrial Park, Hung Yen Province.

Despite enjoying strong growth in earlier years, the company encountered a turbulent 2023. Sales dropped sharply by nearly 47%, falling to USD 115.8 million, while net profit was halved to USD 3.42 million. Total assets also contracted by over 32%, signaling a broad-scale correction amid an industry-wide slowdown

 However, the company remains operationally active and maintains a positive working capital balance of USD 4.78 million, suggesting short-term liquidity remains intact.

The firm is owned by HOA PHAT STEEL PIPE COMPANY LIMITED, a prominent player within the Hoa Phat Group—Vietnam’s largest steel conglomerate. Its charter capital is USD 8.6 million, and it currently employs around 150 skilled workers at its production facility. The company is headed by Mr. Nguyen T. S., a Vietnamese national who serves as director, and whose leadership has guided the company through volatile economic cycles.

HOA PHAT COLD ROLLED STEEL’s portfolio extends beyond manufacturing. It engages in wholesale metal trading, warehousing, machining, and related logistics services—giving it a vertically integrated position in the steel supply chain. With a transaction office in Hanoi and deep links to the broader Hoa Phat industrial network, the company is well-placed for recovery once the steel market stabilizes.

While the figures 2023 reflect broader industry challenges, HOA PHAT COLD ROLLED STEEL continues to serve as a critical node in Vietnam’s steel value chain. Its resilience, market experience, and strategic backing by Hoa Phat Group suggest it is poised for a comeback when conditions improve.