Press Release: PVFCCo awarded “Top 50 best listed companies in Vietnam” prize for the non-stop 4th time
HCM City, May 31, 2016- PetroVietnam Fertilizer and Chemicals Company (PVFCCo – stock code DPM, the producer and trader of Phu My fertilizer products) announced it has continued to be honored in the top 50 best listed companies in Vietnam stock market in 2016 by Forbes Vietnam. This is the 4th time Forbes Vietnam publicly releases the list and PVFCCo is the only member in the fertilizer industry to be honored to achieve the award in 4 non-stop years.
The ranking list recognizes that PVFCCo still achieves outstanding growth in spite of the challenging year 2015, considered the most capable enterprise in the domestic fertilizer industry thanks to its effective business with turnover in 2015 reaching VND 10,047 billion, profit after tax VND 1,488 billion, dividend payout ratio 40%, with potential growth in the fields of fertilizer and chemical. DPM stock is evaluated to be in an attractive stock group for investors because it brings the attractive income, transparent information and professionalism related to IR works.
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Reportedly, the list of top 50 best listed companies by Forbes Vietnam is applied the ranking method in line with Forbes globally applied standard, which is annually released since 2013, with reference to the characteristic factors of Vietnam market. Particularly, sustainable development is one of the important criteria for Forbes Vietnam to record and rank the enterprises this time. The data used for evaluation and approval is based on the audited financial statements of the candidates – the companies listed on HSX and HNX according to two criteria: compound annual growth rate (CAGR), rate of return ROE, ROC and EPS growth.
