Hoa Phat Hai Duong Steel JSC's payment to budget surges by 153.5%

Business - PublishedTime : 09:55, 02/07/2021

By the end of June, Hoa Phat Hai Duong Steel JSC. had paid VND325 billion to the State budget, a surge of 153.5% year on year.

Despite the impact of Covid-19, the enterprise took many effective measures ensuring safety and epidemic prevention and maintained stable production and business.

Higher steel prices plus stable sales resulted in high revenue.

This year, the company limits export and attaches special importance to domestic consumption, leading to a few taxes and high payment to the budget.

By the end of June, the company had produced and sold 1.1 million tons of steel, equivalent to the same period in 2020.


VI THUY