Binh Minh Plastics ranked amongst Vietnam’s 50 Best-Performing Companies 2019 Vietnam’s 50 Best-Performing Companies is a prestigious annual ranking by Nhip Cau Dau Tu Managazine to honour the most effective companies on the Vietnam stock exchange. The ranking process took counsel from many economists and business experts who were Harvard Business School graduates. TOP 50 evaluates businesses’ results of three fiscal years in a row, based on three indicators: revenue, return on equity (ROE), and earnings per share (EPS). In 2019, Binh Minh Plastics’s revenue reached VND4.34 trillion ($186.7 million), up 5 per cent on-year, while after-tax profit was VND423 billion ($18.39 million). The company’s sales revenue also increased at a compound annual growth rate (CAGR) of 9.4 per cent, and ROE of 18.2 per cent (average in 2017-2019). General director Nguyen Hoang Ngan said: “In order to obtain such achievements, Binh Minh Plastics has been concentrating on product quality and productivity. The company has applied a top quality management system such as Quality Management System (QMS), Enterprise Management System (EMS), ISO:9001, and ISO 14001 across its manufacturing process. Consistent product quality along with great customer service is the core of our long-term success.” Along with this direction, Binh Minh… Read full this story
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