PetroVietnam Transportation Corporation (PVTrans): the unique PVN's member in top 10 reputable listed companies in 2019

On June 21st, 2019, Vietnam Report (VNR) has officially announced Top 10 reputable listed companies in 2019. PVTrans has been honored to be the unique company of PVN in this list.

This is VNR's independent valuation based on scientific and objective principles. According to VNR, the reputation of listed companies has been assessed by the impact of financial factors, media value and financial and securities experts' evaluation.

Specific factors include: (1) Finance in the lastest financial statements (total assets, total revenue, profit after tax, efficiency of capital usage, growth of revenue and profit…); (2) Reputation of media is evaluated by Media Coding method - coding the articles about enterprise' affect on 24 issues of business performance, products, markets, ... managing director/chairman's activities and prestige; (3) Survey on evaluation of typical shares for investment by experts; Survey on enterprises in June 2019 about business activities and investment plan in 2019 …

Top 10 reputable listed companies in 2019 – Blue chips - including: Vinamilk, Vietcombank, Vingroup, FPT, Mobile World Investment Corporation, VietJet Air, Hoa Phat Group, DHG Pharmaceutical JSC, Sabeco, MB Bank. 

Top 10 reputable listed companies in 2019 – Mid cap - including: Hoa Binh Corporation, Dat Xanh Group, Tien Phong Plastic JSC, Tien Phong Bank, Vinh Hoan JSC, Vietnam Electric Cable Corporation, Khang Dien House Trading and Investment JSC, PVTrans, Hochiminh Securities Corporation, Phat Dat Corporation.

In recent years, stable business performance, clear development goals, sustainable development strategy and contribution on society have created impressive growth rate of revenue and profit for PVTrans in spite of market fluctuates. In the first 6 months of 2019, PVTrans has fulfilled the targets as follow: revenue reached VND 4,170.3 billion, equivalent to 156% the 6-month plan and 76% plan of whole year; Profit before tax reached VND 480.1 billion, equivalent to 196% the 6-month plan and 96% plan of whole year; Paying to the State budget reached  VND 180.2 billion, equivalent to 164% the 6-month plan and 79% plan of whole year.

PVTrans is currently in VNR500 and Profit500 under VNR's evaluation. PVTrans in Top 10 reputable listed company in 2019 has continued to affirm PVTrans's leading transportation enterprise in Vietnam and appropriate management strategy for sustainable development. This is also prove that PVTrans has always complied with regulations on information disclosure and transparency as well as IR activities to bring highest benefits to invetors.

In June 2019, PVTrans was also honored by Forbes Vietnam as Top 50 best listed companies in 2019. This prestigious domestic and international organizations' high valuation is actually good news and reward encouraging great spirit for PVTrans managing directors and employees' efforts. 

The ceremony of Top 10 reputable listed companies will be organized on August 8, 2019 at Intercontinental Landmark 72 Hotel in Hanoi.

                                                                                                                                                                                                    Dieu Hanh