The rankings are based on last year’saudited consolidated financial reports of the companies listed on the Ho ChiMinh Stock Exchange (HSX) and the Hanoi Stock Exchange (HNX).
Forbes Vietnam said total after-taxprofit of the 50 firms stands at over 228 trillion VND (9.7 billion USD) whiletheir combined revenue 1.49 quadrillion VND, respectively rising 18% and 24.9%from the 2022 list.
The Vietnam National Petroleum Group(Petrolimex) remains the biggest revenue earner with more than 304 trillion VND.Meanwhile, the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank)recorded the most after-tax profit, almost 29.9 trillion VND.
The top 50 listed companies aredivided into sectors, and most are leading firms or those already gaining afoothold in their sectors.
The rankings are dominated bybusinesses in the financial (banking, securities, insurance), essentialconsumer goods, and logistics industries. In contrast, representatives of thereal estate and material sectors halve.
There aren’t many new names in this year’s list compared to previous years,according to Forbes Vietnam.
In 2022, profits of listed companiesin general and those in the top 50 list hit a record level. However, during the listcompilation process, the magazine also saw that businesses are now facing themost trying times in about 10 years./.