Forbes magazine has just announced the list of 50 best listed companies in 2021. With a solid foundation, high growth rate and top operating efficiency, Hoang Huy Group (HOSE: TCH) is one of the typical representatives of Vietnam to be honored.
According to Forbes, TCH is a company with a solid foundation, impressive business results and resilience in the general economic environment with many fluctuations, challenges and facing unpredictable instabilities under the impact of the COVID-19 pandemic. Along with TCH, some major Vietnamese brands such as Petrolimex, Vingroup , Mobile World, Hoa Phat... are also on this list.
TCH is in the TOP 50 best listed companies in 2021 (Source: Forbes Vietnam)
To be included in this list, the listed companies must have good business performance, market capitalization and revenue of over VND500 billion. At the same time, the compound growth rate of revenue, profit, profitability indicators (ROE, ROA) and criteria for measuring the quality of operations are also carefully considered and calculated.
In the 9th annual list compiled by Forbes Vietnam, the 50 best companies in 2021 have largely established their competitive positions in the market, not only leading in their fields of operation but also in the economy . Forbes Vietnam data recorded new records: The total revenue of the 50 best companies reached more than VND 1,219 trillion - an increase of 8.7% compared to the 50 companies in the 2020 ranking list, but the total profit after tax of the 50 companies increased by 26%, to VND 174,482 billion. The total capitalization of the 50 companies reached 145 billion USD (nearly VND 3,360 trillion), an increase of 78% compared to the total capitalization of the 50 companies in 2020.
Hoang Huy Finance (TCH) ended the 2020 fiscal year with outstanding business results, with revenue and profit reaching VND 4,423 billion and VND 1,035 billion, up 98% and 64% respectively compared to 2019.
In addition to the US tractor business segment, which achieved sales growth of over 100% in the past year, Hoang Huy Finance has affirmed its leading brand in the field of business and development of residential real estate in Hanoi and Hai Phong by providing the market with thousands of products in all segments of the Golden Land Building, Hoang Huy Riverside, Hoang Huy Mall, Pruska Town Urban Area projects, and a series of newly started and under-development projects such as Hoang Huy Commerce, Hoang Huy - So Dau, Hoang Huy Green River, Hoang Huy New City with a total investment of up to 45 trillion VND, equivalent to 2 billion USD.
Source: https://www.hoanghuy.vn/tin-tuc-su-kien/tch-lot-top-50-cong-ty-niem-yet-tot-nhat-viet-nam-nam-2021/
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