Bamboo Capital and the 13-year journey of sustainable development, creating value for the community

Báo Đầu tưBáo Đầu tư12/11/2024

After 13 years of development, Bamboo Capital Group (HoSE: BCG) has grown strongly into a multi-industry corporation. Not only focusing on business activities, BCG also contributes to the community, prioritizing social responsibility.


Bamboo Capital and the 13-year journey of sustainable development, creating value for the community

After 13 years of development, Bamboo Capital Group (HoSE: BCG) has grown strongly into a multi-industry corporation. Not only focusing on business activities, BCG also contributes to the community, prioritizing social responsibility.

The vast " bamboo forest " is multiplied by the deep-rooted, strong-rooted strategy.

Bamboo Capital, a start-up in 2011, has grown into a large-scale multi-industry corporation listed on the Ho Chi Minh City Stock Exchange, with a charter capital of over VND8,800 billion and total assets of over VND45,000 billion.

The Group is providing quality products and services to society, creating thousands of job opportunities for workers and is one of the enterprises actively contributing to Vietnam's Net Zero goal.

Through its member company BCG Energy, Bamboo Capital Group actively contributes to Vietnam's Net Zero goal.

Like each bamboo stem that is deeply rooted in the ground and grows tall, Bamboo Capital does not choose the path of spreading out, "doing whatever it touches", but chooses to develop "deep roots, strong roots" with a focused multi-industry strategy. The Group has chosen to do business in 5 core areas essential to the Vietnamese economy: renewable energy, real estate, construction - infrastructure, finance - insurance and manufacturing - pharmaceuticals. Each area is like a bamboo shoot that BCG carefully nurtures, has quickly developed and contributed to the increasingly strong ecosystem of Bamboo Capital Group.

In every business sector, BCG has left a positive mark and pioneering spirit. BCG Energy (UPCoM: BGE) is like the leading bamboo of Bamboo Capital and is currently in the Top 3 largest enterprises in the field of renewable energy in Vietnam. Through investing and operating solar power, wind power and waste-to-energy projects, BCG Energy actively supports the process of reducing emissions and converting to clean energy in Vietnam. BCG Energy is constantly expanding its clean energy portfolio on its journey to become the leading renewable energy company in Vietnam and having influence in the region.

In the real estate sector, BCG Land (UPCoM: BCR) develops superior residential, commercial, resort, and industrial real estate projects, focusing on green and sustainable factors. Tracodi (HoSE: TCD), a prestigious construction and infrastructure enterprise under Bamboo Capital Group, is creating advanced, sustainable quality real estate, energy, and infrastructure projects.

In the Financial Services - Insurance segment, AAA Insurance is taking advantage of technological strengths to innovate, reaching the goal of being in the Top 5 best non-life insurance companies in Vietnam. The Manufacturing - Pharmaceutical segment with Tipharco Pharmaceutical Company (HNX: DTG) is also cared for and developed by Bamboo Capital. All of these create a harmonious and supportive multi-industry ecosystem, courageously standing side by side, together standing firm against market fluctuations.

The strong connection between the fields has helped Bamboo Capital maximize its combined strength, creating positive business performance for many consecutive years, especially the stability during the Covid pandemic and the following years with many fluctuations in world geopolitics and the domestic market. According to Bamboo Capital's third quarter 2024 financial report, the third quarter's after-tax profit reached more than 331 billion VND, 36 times higher than the same period last year; in the first 9 months of the year, Bamboo Capital achieved 3,238 billion VND in revenue and 748 billion VND in after-tax profit, completing nearly 79% of the 2024 plan.

Like the resilient bamboo that is increasingly durable through each stormy season, in recent years, Bamboo Capital's financial structure has become increasingly solid and secure. The debt-to-equity ratio has decreased significantly from 2.2 times at the end of 2022 to 1.1 times at September 30, 2024. At the same time, the debt-to-equity ratio has decreased to only 0.6 times, lower than that of other businesses in the same industry. A solid financial structure helps BCG have the resources to promptly seize business opportunities and overcome market challenges, thereby increasingly affirming its position in the economy.

Creating value for the community through business performance and social activities

Positive business results have helped Bamboo Capital consistently be among the top most efficient and profitable enterprises in Vietnam in recent years. In 2024, Bamboo Capital ranked 67th in the list of 100 private enterprises with the largest budget contributions in Vietnam. These achievements are not only a testament to the Group's correct development strategy, but also demonstrate BCG's contribution to the country's economy.

In parallel with business development, Bamboo Capital also makes a strong mark in community activities. In the projects that BCG implements, in addition to the economic efficiency that the project brings, the Group always sets a parallel goal that the project must contribute to local social security. That is the annual socio-economic development support for the locality, the development of transport infrastructure, annual programs to care for poor households and policy families, priority to use local labor, etc.

Not only that, in 2021, when the Covid-19 pandemic severely impacted Vietnam, Bamboo Capital established the BCG Foundation. Through the BCG Foundation, the Group contributed more than 100 billion VND to charitable activities across the country. BCG's annual charity programs do not only stop at supporting difficult circumstances, donating necessities, medicines, and medical supplies, but also are sustainable with projects supporting scholarships for disadvantaged children, building infrastructure to serve the community, creating better living conditions for people in remote areas, etc.

Bamboo Capital Group donated 2 billion VND to support 33 households in Bac Kan province to rebuild houses damaged after storm Yagi.

During major natural disasters, Bamboo Capital is always present in a timely manner to support people, providing necessities and medicines, helping them overcome the consequences and stabilize their lives. When Typhoon Yagi - the strongest typhoon in Vietnam in 70 years devastated the North in September 2024, the Group donated medicine and functional foods worth VND 1.2 billion to the Ministry of Health to support people. In addition, through the Vietnam Fatherland Front Committee of Bac Kan province, BCG also spent VND 2 billion to support 33 households in Bac Kan to rebuild houses damaged by the storm.

The 13-year journey of perseverance and strong breakthroughs is a testament to Bamboo Capital's inner strength and sound strategy. With a solid financial foundation, effective business operations and practical contributions to society, the Group will continue its development journey with a green mission, deeply connected with the community. On that journey, sustainable development will always be the guiding compass for BCG's success.



Source: https://baodautu.vn/bamboo-capital-va-hanh-trinh-13-nam-phat-trien-ben-vung-kien-tao-gia-tri-cho-cong-dong-d229699.html

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