A fish sauce plant belonging to 584 Nha Trang Fisheries Joint Stock Company, an affiliate of the PAN Group. — Photo courtesy of the company

The PAN Group has been recognised as one of Viet Nam’s 50 best listed companies for a fifth consecutive year in 2020 by Forbes Vietnam magazine.

It remains a rare representative of the agricultural sector in the list.

The list is compiled using metrics like annual growth, profit, return on equity, earnings per share, branding, quality of management, sources of profit, and the prospects of sustainable development.

In 2019, the company’s consolidated net revenues and profit after tax were VND7.8 trillion (US$335.08 million) and VND452 billion ($19.4 million). The profit from core business activities grew by 15 per cent despite unfavourable weather including prolonged extreme heat, severe drought and saline intrusion in the Mekong Delta.

The newly incorporated PAN CG, which has 800 employees and partnerships with more than 145,000 retail stores in 63 provinces, is an important link in the company’s value chain “from farm to table” and contributes to bringing high-quality food products to domestic consumers.

The projects promise to bring great growth to PAN Group in future.

For a sixth consecutive year, the company has been named among the Top 500 Fastest Growing Enterprises in Viet Nam (FAST500) in 2020 by Vietnam Report and VietNamNet newspaper.

It has also been recognised as one of the 50 Best Growth Enterprises in the period between 2015 and 2019. — VNS