HOA PHAT SHIPPING JOINT STOCK COMPANY

HOA PHAT SHIPPING JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN VẬN TẢI BIỂN HÒA PHÁT) is a privately held maritime transport enterprise operating within Vietnam’s sea and coastal freight sector. Established on 24 October 2019, the company holds Business ID 0801300608 and is registered in Hai Phong City.

The company’s registered address is  Hiep Thuong Residential Area, Pham Su Manh Ward, Hai Phong City, Vietnam, with a transaction office at No. 39 Nguyen Dinh Chieu Street, Le Dai Hanh Ward, Hai Ba Trung District, Ha Noi City, Vietnam. Charter capital stands at approximately USD 20.54 million, fully paid. The company maintains a lean structure with around 25 employees.

HOA PHAT SHIPPING primarily provides sea and coastal freight transport services. Its registered business scope extends to multimodal freight transport, warehousing, cargo handling, wholesale of metals and fuels, packaging activities, and certain manufacturing activities related to steel and non-ferrous metals—reflecting close integration with industrial supply chains.

Financially, the company experienced significant volatility over the past three years. Total assets declined to approximately USD 52.85 million, following a sharp adjustment from the previous year. However, revenue rebounded strongly to around USD 90.32 million, increasing more than 40% year-on-year. Most notably, net profit surged to approximately USD 15.82 million, marking a dramatic recovery compared to the prior year’s low base. Equity strengthened to USD 36.32 million, while working capital more than doubled to roughly USD 9.26 million, indicating improved liquidity.

Director DOAN Q. T. and Deputy Director NGUYEN H. T lead the company. In terms of ownership structure, HOA PHAT IRON AND STEEL JOINT STOCK COMPANY holds approximately 99.52% of shares, positioning the shipping entity as a strategic logistics arm within the broader Hoa Phat industrial ecosystem.

As Vietnam continues expanding steel production and bulk commodity transport, HOA PHAT SHIPPING plays an important role in securing maritime logistics capacity aligned with industrial demand cycles.