Rating in the TOP 500 of the most profitable businesses in Vietnam 2019, HVC Group is determined to grow faster

Ngày 25/9/2019, Vietnam Report phối hợp cùng Báo VietnamNet công bố Bảng xếp hạng Profit500 – Top 500 doanh nghiệp lợi nhuận tốt nhất Việt Nam năm 2019. HVC Group lần đầu xuất sắc lọt TOP này.

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This is a ranking to honor businesses with good profitability, potential to become pillars for the development of Vietnam's economy, and at the same time contribute to introduce Vietnamese business brands to Domestic and international business community.

The businesses honored in the Profit500 rankings 2019 are typical businesses with outstanding business performance, efficiency, good profitability, evaluated on the following criteria: profitability (ROA, ROE, ROR); profit before tax; Reported sales and profits for the first 3 quarters of 2019 and is optimistic about the prospect of revenue growth and profitability in the next 12 months. In addition, evaluation criteria are also based on the reputation of the business, the size of the employer, the business outlook ...

According to the consolidated financial statements for the first 6 months of 2019, HVC's profit after tax increased by 37%. Selling expenses of the Company decreased by 126% compared to the same period, also contributing to the increase in profits.

In the field of construction, not using bank loans and optimizing receivables turnover helps HVC Group to ensure financial safety ratio. Besides, being proactive in construction work, HVC Group always ensures on schedule and receives high satisfaction from investors.

HVC Group has signed many more valuable contracts at projects such as: Phu Quoc Water Park (Vinpearl Land Phu Quoc), F1 race track, Vinhomes Grand Park, Vinhomes Ocean Park, Vinhomes Smart City, Resort projects My An hot mineral water resort (Thua Thien Hue) - Bitexco Group and expected more contracts signed in the beginning of the fourth quarter.