Vietjet is named in Forbes’ top 50 listed Vietnamese companies. (Source: VNA)HCM City (VNA) – Low-cost carrier VietjetAviation Joint Stock Company (HOSE code VJC) was named among Vietnam’s 50 bestlisted companies in 2019 by Forbes Magazine during an award ceremony in HoChi Minh City on August 15.
This year's list alsoincluding other leading companies on the HCM Stock Exchange (HOSE) and HanoiStock Exchange (HNX) such as dairy firm Vinamilk, beer maker Sabeco, IT giantFPT Corp, DHG Pharmaceutical, insurance-finance group Bao Viet, digitalretailer Mobile World and realty developer Vingroup.
Honoured companies this year wererated on the basis of compound annual growth, profit, return on equity,earnings per share growth between 2013 and 2018, branding, quality ofcorporate management, source of profit and the prospect of sustainabledevelopment.
According to Forbes,the total capitalisation of the 50 companies reached 94 billion USD, accountingfor 63 percent of the total market capitalisation on the two bourses.
Vietjet has been recognisedfor the third consecutive year since its official listing on HOSE in February2017. VJC shares quickly attracted investors’ attention and thecompany was added to the VN30 basket for the 30 largest listed firmsin its first year of trading.
Vietjet’s revenue from airtransport saw a yearly increase of 22 percent to more than 20.14 trillion VND (865million USD) in the first half of this year. The company also saw ayear-on-year rise of 16 percent in its six month pre-tax profit to more than 1.56trillion VND (67 million USD).
From January to June, Vietjetoperated more than 68,820 flights, equivalent to 45 percent of all flightsoperated by Vietnamese carriers, and transported 13.5 million passengers.These figures helped the airline maintain its leading position in domestic airtransportation with a 44 percent market share. - VNA
VNA
