Dat Xanh Group with stock code DXG has just been honored in the Top 50 of the best companies listed in Vietnam stock exchange 2019, taking place on August 15, 2019. This is the 7th year that Forbes Vietnam has announced the list and also the 7th consecutive year Dat Xanh Group has made the list.

The 50 best companies listed in stock exchange 2019 selected by Forbes Vietnam and ranked from the companies achieving the best business results, listed at Ho Chi Minh City Stock Exchange (HSX) and Hanoi Stock Exchange (HNX). According to statistics, 50 ranked companies achieved VND 127,530 billion profit after tax, an increase of 19.2%. The total market capitalization reached US $ 94 billion, accounting for 63% of the total capitalization of the two listed exchanges as of the mid-May 2019. Most of the companies listed are of impressive growth, established competitive advantages and a firm position in each field. This year, the enterprises trading in the real estate - construction, logistics, financial services, materials, retail industries... continue to contribute the most names in the Top 50.

 

 

Businesses are honored in the Top 50 best companies listed in Vietnam 2019 exchange stock

 

In order to establish the above list, Forbes Vietnam has applied the rigorous ranking method of Forbes US based on many criteria such as capitalization and turnover size, double growth rate of revenue, profit, ROE, ROC and EPS growth for the period of 2014 - 2018. After that, qualified businesses are further tested through qualitative screening of Forbes for sustainable development, information disclosure obligations at the request of the two stock exchanges ..

For being made the list of top 50 best companies in Vietnam in the 7th consecutive time, Dat Xanh Group has continuously risen to achieve many impressive achievements. Specifically, by the end of 2018, Dat Xanh's revenue and profit after tax increased by 61% and 58% respectively compared to the previous year. The total investment capital reached more than VND 33.7 trillion; profit after tax of Parent company reached 1,178 billion dong; profit margin reached 25.37%; Return on Equity reached 19.01%.

 

Mr. Bui Ngoc Duc - CEO of Dat Xanh Group received an award from the Organizing Committee

With breakthrough business strategies, consolidating results of the first 6 months of 2019, the core activities of Dat Xanh have made the impressive growth. In particular, revenue and profit after tax reached VND 2,341 billion and VND 556.4 billion, up 20.2% and 28.7% over the same period, completing 46.81% and 46.37% respectively of the plan 2019.

As of June 30, 2019, total assets of DXG reached VND 15,949 billion, up 16.2% compared to the end of 2018. Both short-term and long-term assets have made the same increase. In addition, in the capital structure, the debt ratio on the total assets also dropped to 19% from 21% at the beginning of the year. This stable growth generated a consolidated profit for the parent company for 6 months of VND 556.4 billion, fulfilling 46.37% of the 2019 plan set by the Annual General Meeting of Shareholders.

At the award ceremony, Mr. Bui Ngoc Duc - CEO of Dat Xanh Group shared that: “The 7th time being honored in the Top 50 best companies listed in Vietnam exchange stock is an honor for us. Dat Xanh Group is now one of the top attractive real estate stock code on HOSE. This award is a result proofing the continuous efforts of the Board of Directors, all employees of Dat Xanh Group as well as the trust of customers and the recognition of investors and partners during last time."

 

Dat Xanh certificate of the Top 50 best companies listed in Vietnam 2019 exchange stock

 

To continue affirming the position of a leading real estate company, Dat Xanh Group is coming to complete the closed value chain in the near future through restructuring its operation segments into 4 key areas, including Real Estate Services, Real Estate Investment and Project Development; Real Estate of Industrial Zones and Construction & Building Materials

With the available position and strength together with the ceaseless willing, Dat Xanh Group continues its strong growth momentum, aiming to become one of the 10 best real estate development companies in Southeast Asia, striving to create quality products branded Dat Xanh, contributing to improving the quality of life for the people of Vietnam.

Nguồn: Đất Xanh Group