DHA [NOT RATED] - Stronger construction stone demand to support earnings - Company Visit Note
  • 2023-02-16T00:00:00
  • Company Research

- Hoa An JSC (HOSE: DHA) is one of the leading construction stone manufacturers in Vietnam’s Southern Key Economic Region. 

- DHA manages three stone quarries with a total mining capacity of 1.6 million cbm p.a. — the Thanh Phu 2 quarry & Tan Cang 3 quarry in Dong Nai and the Nui Gio quarry in Binh Phuoc.

- The Thanh Phu 2 quarry was DHA’s largest revenue contributor in 2022 (47%), followed by the Tan Cang 3 quarry (36%) and Nui Gio quarry (17%).

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