Hoa Phat located in the top 50 effective enterprises of Vietnam

With the outstanding achievements of business, Hoa Phat Group JSC (HPG) is ranked at 41st in the Top 50 effective enterprises of Vietnam which launched by Nhip Cau Dau tu Magazine and Thien Viet securities company on June 19, 2012 in Hochiminh city.
 
The process of ranking the top 50 has 3 rounds of selective surveys from 701 effective business companies throughout Vietnam. The survey was conducted by two methods of quantitative and qualitative to assess the real business performance of companies in many different industry groups listed on Vietnam's stock market, based on four indicators including: revenue, profit, return on equity and return on average capital in period from 2009-2011.

Mr.Vu Duc Sinh - Branch Director of Hoa Phat Furniture in HCMC (standing 4th from left) represents Hoa Phat Group receiving TOP50 of the most effective enterprises.

HPG’s average revenue growth in the last 3 years reached about 29%. Return on equity (ROE) grew on average of more than 21%. HPG is one of 30 stocks which have largest capitalization on the Hose.

In addition, the surveyed listed companies must meet three criterias: the market capitalization of VND 500 billion or more, annual revenue for 3 years from 2009 to 2011 reached 200 billion or more, annual after-tax profit from 2009 to now gained 20 billion or more.

Along with the awarding ceremony, organiser has arranged the seminar "How did they do that?" for representatives of winners to share the experience as well as related issues such as: How to maintain their business advantage and availability management, reduce risk of development strategy in the future.

Nghi Trần