According to PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo – Securities symbol: DPM, manufacturer of Phu My fertilizers), the year 2019 marks the 5th milestone of PVFCCo to be honored in the list of 50 best listed companies on the Vietnamese stock market by Forbes Vietnam Magazine voted; moreover, PVFCCo is also the only enterprise in the fertilizer industry ranked in the the list of best listed companies.
To qualify for this list, PVFCCo has passed two objective and strict round of grading points including quantitative and qualitative rounds. Specifically, the selected enterprises must be enterprises with high growth rates in the period of 2014 - 2018 in terms of sales volume, profit, financial indicators such as ROE, ROC and EPS; at the same time, the enterprises must focus on sustainable development strategies. Therefore, this title once again affirms the value of Phu My Fertilizer brand, and also shows that the corporate management strategy of PVFCCo is on the right track for PVFCCo to develop more and more sustainably. This title is also a proof which shows that PVFCCo always complies with the laws in obligations of information disclosure and transparency as well as always focuses on Investor Relation (IR) to bring the highest benefits to DPM stock investors.
This is the 7th time that Forbes Vietnam Magazine has published a list of 50 successful listed companies on the stock market. According to Forbes Vietnam, this list is based on globally-applied company ranking method of Forbes (US), taking into consideration the characteristics of listed companies in Vietnam. Data used for assessment is based on audited financial statements of five consecutive years in the period of 2014 - 2018. Based on the selected criteria, the companies in the list are mostly leading companies or have established a competitive advantage in their industry, making major contributions to the domestic economy.