Tuesday, November 21 2017

VietNamNews

Vietjet ranked among Forbes’ top 50

Update: September, 15/2017 - 19:30
Vietjet managing director Lưu Đức Khánh receives the Forbes’s certificate in HCM City. — VNS Photo
Viet Nam News

HCM CITY — Vietjet has been ranked among the Top 50 Vietnamese listed companies in 2017 by Forbes Magazine.

Vietjet was honoured for achieving stable financial results within six months of being listed.

Over the first half of this year, Vietjet reached VNĐ16.42 trillion (US$720 million) in revenue and VNĐ1.79 trillion ($78.8 million) in after-tax profit, an increase of 45 per cent year-on-year. Earnings per share stood at VNĐ5,737.

Up to June 30, 2017, Vietjet’s total assets stood at VNĐ24.74 trillion, an increase of 49.6 per cent year-on-year. Its equity was VNĐ7.32 trillion, surging 111.9 per cent compared to the same period last year.

Other firms on the list include Vinamilk, Petrolimex, Mobile World and Novaland.

According to the statistical data, 50 companies on the list accounted for over 60 per cent of total market capitalisation value on the two stock exchanges in HCM City and Hà Nội, equivalent to the rate of the previous year.

The revenue for the top 50 companies in H1/2017 totalled VNĐ734.82 trillion, an increase of 55 per cent. The total profit of these companies reached VNĐ79.46 trillion, up 49 per cent in comparison to the previous year’s list.   

The Forbes list was compiled to provide information on the top 50 listed companies with outstanding business results and high profits for investors. It also aims to honour and encourage the spirit of enterprise. — VNS

 

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