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

PV GAS among top 50 listed companies in 2020 for eighth year hinh anh 1

Illustrative image (Photo: pvn.vn)

Hanoi (VNA) – 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.

The list shows the emergence of sectors less hit by COVID-19 such as pharmaceuticals, assembling, consumer goods, construction materials and finance.

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

Accordingly, total post-tax profit of companies on the list surpassed 138.7 trillion VND (6 billion USD), up 8.7 percent from 2019. The leading companies also posted impressive growth.

Due to the impacts of COVID-19, the market capitalisation of companies on the list decreased year-on-year for the first time in the past eight years, reaching 81.3 billion USD as of the mid-May, down 13.5 percent from 2019.

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

VNA

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