Top prestigious listed companies for 2016 announced
Vietnam Report Company (VNR) has announced the top 10 most prestigious listed companies for 2016. The list was announced for the second year in Vietnam.
Most of the companies are large with leading revenue and after-tax profit in their sectors. The firms also have the return on assets and return on equity higher than their industries’ average level. Their stock prices in the last three to six months have been on the rising trend.
In term of media coverage, the companies have been among the popular names in the country.
VNR selected and analysed listed companies with high capitalisation value based on three criteria -- financial capacity as shown in financial reports, prestige in the media and evaluation from specialists on the growth potential of stock prices and their affects on the VNIndex.
The report also revealed that businesses should keep at least one-third of the information announced to themselves to better manage information in the media. Information of their operation and business plans should especially be given priority to avoid rumours which could affect investor sentiment and decisions related to the stock market.
In addition, listed businesses should diversify information provided to the media to enhance their image.
Top 10 most prestigious listed companies 2016:
1. Vietnam Dairy Products Joint Stock Company
2. FPT Corporation
3. Vingroup Joint Stock Company
4. Hoa Phat Group
5. Bao Viet Holdings
6. Mobile World Investment Corporation
7. PetroVietnam Gas Joint Stock Company
8. HCM City Infrastructure Investment Joint Stock Company
9. Binh Minh Plastics Joint Stock Company
10. PetroVietnam Power Nhơn Trạch 2 Joint Stock Company.