VOV.VN - Hoa Phat Group (HPG), a private economic group specialising in steel production, has been included in this year's list of the world’s 2,000 largest listed firms as compiled by Forbes.
According to the magazine, HPG recorded the largest revenue and profit among the five Vietnamese representatives to feature in Forbes Global 2000. It is the only Vietnamese manufacturing enterprise that has won the honour.
During the first quarter of the year, HPG earned VND44.4 trillion, equivalent to over US$19 billion, in revenue, a rise of 41% over the same period last year. Its after-tax profit enjoyed an annual increase of 17% to VND8.2 trillion. In addition, steel production and related products contributed 90% to the group's overall gains.
Forbes Global 2000 ranks the largest companies in the world using four metrics, namely sales, profits, assets, and market value.