June 03, 2020 | 19:55 (GMT+7)
PV GAS among Forbes Vietnam’s 50 best listed companies for eighth consecutive year
PANO - The PetroVietnam Gas Joint Stock Corporation (PV GAS) has entered the list of the top 50 listed companies in 2020 by Forbes Vietnam for the eighth consecutive year.
Accordingly, a total post-tax profit of companies on the list surpassed VND 138.7 trillion (USD 6 billion), up 8.7 percent from 2019. The leading companies also posted impressive growth.
The list shows the emergence of sectors less hit by COVID-19 such as pharmaceuticals, assemblage, consumer goods, construction materials, and finance.
It also selects the best performing companies listed on the Hanoi Stock Exchange and Ho Chi Minh Stock Exchange.
Due to the impacts of COVID-19, the market capitalization of companies on the list decreased year-on-year for the first time in the past eight years, reaching USD 81.3 billion by mid-May, down 13.5 percent from 2019.
The PetroVietnam Insurance Joint stock Corporation and the PetroVietnam Power Corporation are also on the list.
Translated by Chung Anh