HPG is one of Top 50 performing companies of Vietnam

On 17/06/2014 at HCMC, the announcing ceremony of “Top 50 performing companies in 2014” has been held by Nhip cau dau tu Magazine in cooperated with Thien Viet securities. Hoa Phat Group (HPG) JSC was ranked for the third consecutive times in this ranking.

To evaluate the companies effectiveness of different industry groups listed on the Vietnam stock market, the organizers based on three growth indicators including: Compound Annual Growth Rate (CAGR), profitability, return on equity (ROE) and return on capital (ROC) 3-year average from 2011 to 2013. According to the program’s survey, HPG average growth was quite well with CAGR 10% / year, 18% of ROE and ROC 13%.

In 3 years, Hoa Phat is one of the few multi-segments industrial production businesses that had high growth and stability. In particular, segments such as Hoa Phat construction steel, steel pipes, furniture has always led the market.

Mr. Vu Duc Sinh - Branch Director of Hoa Phat Group JSC in Ho Chi Minh City (4th person from left) receives award from the organizers

Mr. Le Nhi Nang, Director, Chief Representative of the State Securities Commission in Ho Chi Minh City, supposed that Top 50 performing companies in 2014 is practically leverage for business to develop their business activities and good base for investors on the stock market.

The surveyed companies must meet three criterias: market capitalization of VND500 billion or more, annual revenue in 3 years from 2011 to 2013 reaches 200 billion or more; after-tax profits per year from 2011to 2013 is 20 billion or more.

Nghi Trần