HPG is one of Top 50 Best listing company

Recently, Forbes Vietnam Magazine has announced a list of Top 50 best listing companies on the stock market in Vietnam. In particular, Hoa Phat Group (HPG) JSC is the sole representative of the construction steel industry to be honored.

2014 is the second year that Forbes Vietnam publishes this list and also the second times HPG becoming the sole representative of the construction steel industry were ranked.

This list based on the evaluation criteria such as the company has outstanding business results in the industry, has a key position in the market and highly profitable for investors. In the difficult economic period from 2011 - 2013, HPG has increased steadily each year, creating value-added non-stop for investors with a high dividend ratio of 20-30%. Thus HPG is always a stock that investors interested in putting in their portfolio, especially foreign investors.

In 2013, HPG reached VND 19.200 billion revenue and capitalization on the stock market is 23,900 billion (as of 25 April 2014). As announced by Forbes Vietnam, EPS of Hoa Phat is 4,663 dong, up 60% over the previous year. The operation of phase 2 of Hoa Phat steel integrated complex since quarter IV/2013 helped HPG to increase its market share to 15.2% in late 2013.

On the revenue structure, steel and related products contributed 78.7%, other industry segment is 13.8% and 7.5% of the real estate. Thanks to the closed steel production process, HPG’s profitability index is always higher than the companies in the same industry.

According to Forbes Vietnam Magazine, the list is based on the ranking method of parent company, taking into account the characteristics of  Vietnam listing companies. The data that used to evaluate based on the  audited financial statements in 3 consecutive years with the latest financial year ended 31/12/2013.

Nghi Trần