Hoa Phat is in the Top 50 Most Effective Companies in Vietnam for the 13th consecutive year.

On December 11, 2024, Hoa Phat Group was honored in the Top 50 Most Effective Companies in Vietnam 2024. This is the 13th consecutive year that Hoa Phat has been on this list. Top 50 is a prestigious ranking annually conducted by Nhip Cau Dau Tu Magazine in collaboration with Thien Viet Securities Company, with the consultation of leading economic experts.

Mr. Tran Van Hoa, Director of Hoa Phat Group Branch in Ho Chi Minh City received the certificate of top 50 most effective business companies in Vietnam 2024

The ranking is based on measuring the business results of companies for 3 consecutive years, based on 3 growth indicators: revenue, return on equity (ROE) and earnings per share. The measurement results aim to objectively assess the management capacity of the enterprise. In 2023, Hoa Phat recorded revenue of VND 120,355 billion and profit after tax of VND 6,800 billion. In the first 9 months of 2024, Hoa Phat recorded more than VND 105 trillion in revenue equivalent to more than USD 4 billion, an increase of 23% over the same period last year. The Group's profit after tax after 9 months reached VND 9,210 billion, an increase of 140% over the same period last year. Hoa Phat has paid 10,000 billion VND to the State budget in the first 9 months of 2024, exceeding the amount paid for the whole year of 2023. Hoa Phat is the leading industrial production group in Vietnam, creating jobs for nearly 33,000 workers nationwide. Hoa Phat holds the No. 1 market share in Vietnam in the fields of construction steel, steel pipes, and Top 5 corrugated iron enterprises. The Group also maintains its position and market share in the leading group of clean chicken eggs and commercial pork supplied to the market. In particular, Hoa Phat clean chicken eggs are currently in the Top 3 largest producers in Vietnam and leading in the North. For many consecutive years, Hoa Phat brand has been selected as a National Brand, Top Strongest Brand in Vietnam and honored in the most prestigious rankings, typically: Top 50 Most Effective Listed Enterprises, Top 3 Private Enterprises Paying the Largest Budget in the Country, Top 10 Strong Brands, Top 100 Largest Companies in Southeast Asia by Fortune... Top 50 Most Effective Companies in Vietnam has gone through 13 years of surveying and successfully ranking companies (2010-2024). According to the Organizing Committee's assessment, over the past 13 years, businesses have had proud development, contributing significantly to the continuous growth of the Vietnamese economy. Top 50 2024 especially honors companies with larger scale, higher capitalization, strong and worthy growth rate. Linking its development with the community, over the past year, Hoa Phat has also implemented many charity and social programs. Typical examples include supporting localities to build 1,500 houses for people in difficult circumstances, donating more than 300 water purifiers to schools and medical facilities nationwide, sponsoring the construction of new schools, supporting orphans, children with congenital heart disease, etc. Source: https://congthuong.vn/hoa-phat-lot-top-50-cong-ty-kinh-doanh-hieu-qua-nhat-viet-nam-nam-thu-13-lien-tiep-363963.html