PV GAS among top 50 listed companies in 2020 for eighth year

The PetroVietnam Gas Joint Stock Corporation (PV GAS) has been named in the list of the top 50 listed companies 2020 by Forbes Vietnam for the eighth consecutive year.
 PV GAS among top 50 listed companies in 2020 for eighth year ảnh 1Illustrative image (Photo: pvn.vn)

Hanoi (VNA) – The PetroVietnam Gas Joint StockCorporation (PV GAS) has been named in the list of the top 50 listed companies 2020by Forbes Vietnam for the eighth consecutive year.

The list shows the emergence of sectors less hit byCOVID-19 such as pharmaceuticals, assembling, consumer goods, construction materialsand finance.

It groups best performing companies listed on the Hanoi StockExchange and Ho Chi Minh Stock Exchange.

Accordingly, total post-tax profit of companies on the list surpassed138.7 trillion VND (6 billion USD), up 8.7 percent from 2019. The leading companies also postedimpressive growth.

Due to the impacts of COVID-19, the market capitalisationof companies on the list decreased year-on-year for the first time in the past eightyears, reaching 81.3 billion USD as of the mid-May, down 13.5 percent from2019.

The PetroVietnam Insurance Joint stock Corporation and the PetroVietnamPower Corporation are also in the list./.

VNA

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