In the list published in early June 2021, Viglacera Corporation (VGC) was voted in the Top 50 best listed companies on the stock market in 2021 by Forbes Vietnam.
The ranking of 50 best listed companies in Vietnam this year was announced by Forbes Vietnam in the context of the country’s efforts to fight the 4th wave of Covid-19 outbreak. The business results of listed companies over the past time partly show their bravery, ability to adapt, even boldly invest, and prepare to take advantage of development opportunities when the pandemic is over. As well as the effect from the support thanks to the loosening monetary policies, solutions to support businesses to restore production by the government, ministries and sectors.
Viglacera Corporation was officially listed on the Ho Chi Minh Stock Exchange (HOSE) in 2019
The companies in the list of honorees in 2021 are selected from the companies with the best business results, listed on the Ho Chi Minh City Stock Exchange (HoSE) and the Hanoi Stock Exchange (HNX), with a solid foundation, not only has good business results in 2020 but is also expected to be resilient in the context that the Vietnamese economy has faced the most challenges in the past 10 years.
“For more than a year of struggling with difficulties due to the pandemic, the business results of many businesses on the list show the bravery of entrepreneurs, the ability to turn around, and boldly invest to find opportunities, bring positive business results and contribute to the development of the economy”, a representative of Forbes Vietnam commented on this year’s list. Viglacera Corporation is one of 5 raw materials enterprises in this list.
Viglacera Energy Saving Glass production line
2020 is a year of crisis for the whole economy due to the impact of the global Covid pandemic, in that difficult time, Viglacera Corporation has firmly overcome and proved its intrinsic strength with outstanding results. remarkable. The Corporation’s profit reached VND 841 billion, up 12% of the plan, of which the parent company’s profit was VND 736 billion, up 23% of the plan. Consolidated revenue of the Corporation reached VND 9,433 billion, exceeding 14% of the plan, other expenses also basically followed the plan assigned by the General Meeting of Shareholders.
Sticking to specific orientations and goals throughout the implementation process, with the drastic direction and management of the Corporation’s leaders, the solidarity, attachment and high determination of the leadership, manager and employees of the Corporation, As a result, the Corporation has completed the targets of the production and business plan in May and the first 5 months of 2021.
The 50 best listed companies in 2021 are ranked from the selection of companies with the best business results, listed on the Ho Chi Minh City Stock Exchange (HSX) and the Hanoi Stock Exchange ( HNX). Most on the list are companies that have established a competitive position in the market, leading not only in their field of operation but also in the whole economy. Forbes Vietnam evaluates calculated data on the following criteria: compound growth rate of revenue and profit, ROE-ROC ratio and EPS growth for the period 2016-2020; Qualitative survey to assess the level of sustainable development of the enterprise: the company’s position in the industry, the source of profits, the quality of management, the prospect of industry development.
Evaluation data based on the audited financial statements of the enterprise, its dependent subsidiaries or having a low business position are not considered.