Hoa Sen Group achieved “50 Best Vietnamese Listed Companies 2016” for four consecutive years (2013,2014,2015,2016)
On 29th Sep, 2016, Forbes Vietnam magazine held the “50 Best Vietnamese Listed Companies 2016 Award” ceremony at the Intercontinental Asiana Saigon.
This year, with an impressive business performance, strong position in the market and high interests for shareholders, Hoa Sen Group continued receiving this honourable award. Hoa Sen Group has honourably received this award in the last three years
Mr. Pham Phu Ngoc Trai – Forbes Vietnam Representative presented the opening speech and appreciated the contributions of the Top 50 companies
Mr. Nguyen Bao Hoang (left side) - Forbes Vietnam Representative awarded the “50 Best Vietnamese listed companies 2016” certificate for Mr. Ho Thanh Hieu – Deputy General Director of Hoa Sen Group
Mr. Ho Thanh Hieu – Deputy General Director of Hoa Sen Group received the “50 Best Vietnamese listed companies 2016” award
Forbes Vietnam Magazine selected the companies of all sizes with the best business performance in 13 sectors, including multidisciplinary.
Mr. Ho Thanh Hieu – Deputy General Director of Hoa Sen Group (first line, second from left) in the award ceremony.
The list is formulated with the purpose of providing information about top listed companies which have an outstanding business results and high interests for investors, as well as honouring and encouraging enterprises’ spirit. The data collection is based on the audited financial statements in five years in a row and the fiscal year 2015 of all the companies.
The 50 companies’ total market capitalisation reached 829,010 trillion VND, accounting for 62.14% of the total market on the two bourses, HOSE and HNX as of 16th May, 2016.
Meeting all criteria based on business result, position in the market and interests for investors, especially the integrity and transparency criteria in all activities has made Hoa Sen Group continuously achieved the “50 Best Vietnamese Listed Companies in 2016” granted by Forbes Vietnam magazine. This is the fourth time Forbes Vietnam voted the list and also the fourth time Hoa Sen Group achieved this award.
This is the fourth time Hoa Sen Group achieved this award.
This award demonstrates an excellent corporate governance together with flexible and creative business strategy of Hoa Sen group’s top management as well as the constant endeavour of more than 7000 employees over the last years.
Currently, Hoa Sen Group has become the top steel sheet manufacturer in Vietnam with nearly 40% market share of steel sheets and nearly 20% market share of steel pipe. In February, 2016, Hoa Sen Group was the first Vietnamese enterprise exporting 20,000 tonnes of steel sheets to the US. In September, 2016, Hoa Sen Group continously exported 6,000 tons of steel sheets to Mexico. In the first 9 months of fiscal year 2015-2016, Hoa Sen Group reached more than 956,373 tonnes of sales volume, the sale turnover reached 12,899 billion VND, accumulated profits after tax reached 1,054 billion VND in 9 months, completing 160% business plan of fiscal year 2015-2016.