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Hoa Phat honoured in the Top 10 best listed companies

15/09/2017 19:59

Forbes Việt Nam on September 14^th 2017 announced the list of top 50 best listed companies in Viet Nam in 2017. This has been the fifth consecutive year Hoa Phat Group listed in the ranking and taking the lead in the material sector.

The Top 50 best listed companies in Viet Nam 2017 honoured firms with big scale and prestigious brandnames. At this year’s event, Hoa Phat was honoured as one of 19 companies named in the list and top 10 businesses with highest results in 2016.

Hoa Phat Group has been honoured for five consecutive years in the Forbes 50

The list was assessed based on criteria of double growth rate of revenue, profit, return on equity (ROE), return on assets (ROA) and earnings per share (EPS) growth in 2012-16 period. Hoa Phat Group reported high revenue growth in the period with ROE raised from 12.7 per cent in 2012 to 33.3 per cent in 2016 while the average rate at industrial production firms was more than 10 per cent. It was the reasons that Hoa Phat Group’s share (HPG) has always been given attention from investors, especially foreign investors.

According to Forbes Viet Nam, Hoa Phat is in the Top 10 listed companies with best business results in 2016 based on two main criteria of revenue and profit.

Forbes Viet Nam uses the ranking method of listed companies of the US Forbes with consideration to specialities of Vietnamese listed firms. The data used fo the ranking were based on audited financial reports in the five consecutive years in 2012-16 period. Forbes Viet Nam independently reviewed sustainable development of business including brandname, administration quality, and root of profit in the past and sustainable development prospects.

Hoa Phat Group was continued to be honoured in the top 50 best listed companies in 2017 as it met with the above mentioned criteria of business results, position in the market and profit brought to investors, especially transparency in its all activities.

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