09h20 - Friday, 6/9/20170

HOA SEN GROUP AWARDED VIETNAM'S 50 BEST PERFORMING COMPANIES FOR 4 CONSECUTIVE YEARS

On June 9th, 2017, the honor ceremony of "Vietnam's 50 best performing companies" in 2017 was held at the GEM Center, Ho Chi Minh City. Hoa Sen Group (Stock code: HSG) continues to be honored in Vietnam's 50 best performing companies in 2017.

Earlier, in 2014, 2015, 2016, Hoa Sen Group also presented in this chart. This is the fourth consecutive year Hoa Sen Group gained the title of "Vietnam's 50 best performing companies".

Overview of the ceremony "Vietnam's 50 best performing companies"

The program "Vietnam's 50 best performing companies" in 2017 was organized by Nhip Cau Dau Tu Magazine  which presided the Survey Council, with the expertise coordination of Thien Viet Securities. The program has surveyed, selected and ranked the listed companies through the scientific measurement methods according to international standards with the advices from experienced financial analysts, the reputed management consulting companies  as Vietnam Investment Group (VIG), Vietnam Capital Partners (VCP), Harvard Business School (USA).

The moment Hoa Sen Group is honored

The "Vietnam's 50 best performing companies" ranking chart demonstrates business results and reflects proficiency in governance as well as honors the outstanding effective companies of various  industry groups are listed on the stock market in Vietnam. According to the annual report at the ceremony, Hoa Sen Group has the average revenue growth rates of the last three years reached 15%, average return on equity ROE of 3 years reached 27.5% and stock return to investor was 177.5%. 

Representatives of organizing committee awarded Vietnam's 50 best performing companies to Mr. Hoang Duc Huy, Deputy General Director of Hoa Sen Group

Mr. Hoang Duc Huy - Deputy General Director of Hoa Sen Group in the ceremony

With a solid foundation which has been forming and developing for over the past 16 years, Hoa Sen Group is not only a leading steel sheet exporter  in Southeast Asia but also holding the first position of producing and trading steel sheet in  Vietnam,  accounting for 33.1% of the steel sheet market share, ranking second in the steel pipe market share of the country with 20.3% of the steel pipe market share in 2016 (according to Vietnam Steel Association). About Plastic pipe products, Hoa Sen Group has exceptional rise to the third place in Vietnam plastic pipe market after only a few years of production. 

Mr. Hoang Duc Huy - Deputy General Director of Hoa Sen Group (first row, second from the left) - representative of Hoa Sen Group received the certificate of organizing committee

In recognition of Hoa Sen Group, Vietnam's 50 best performing companies

 With continuous efforts in production and business activities, continuously receiving prestigious domestic and a International awards, Hoa Sen Group is increasingly affirming the position of "pioneer" in the field of steel sheet and steel pipe in Vietnam, and a global growth company of the World Economic Forum

CRITERIA FOR SELECTING COMPANIES INTO THE SURVEY LIST

1. Are listed on Vietnam's stock market and market cap from VND 1,500 billion.

2. Revenue in 2014, 2015, 2016 shall be at the rate of from VND 250 billion.

3. Profit after tax in 2014, 2015, 2016 shall be at the rate of from VND 25 billion.

Current View

Your comment