Some 424 out of 708 listed companies on the Hanoi and Ho Chi Minh stock exchanges surveyed have complied with information disclosure norms, 60 more than last year, a survey by the 2024 IR Best Practice Awards programme has found.
Based on the 2023 audited business results, Vietjet ranks fifth in terms of revenue with VNĐ58.3 trillion, an increase of 45 per cent over the same period in 2022.
Listed companies’ earnings growth is expected to recover from zero last year to 10-15 per cent this year, but with a wide variation between sectors, according to Michael Kokalari, a chartered financial analyst and chief economist at VinaCapital.
Saigon Beer-Alcohol-Beverage Corporation (SABECO) was honoured in Top 50 best listed companies at the awards ceremony held by Forbes Vietnam in HCM City on Thursday.
The profits of listed companies are expected to recover in the second half of the year after performing poorly in the first quarter, buoyed by the recent supportive policies from the Government, said analysts at securities firms.
The profit growth of listed companies is forecast to cool down in 2023 but experts say there are still many positive factors to support the market in the near future.
Listed companies are being more careful with their capital mobilisation plans, as the market is in an unfavorable condition and the Government tightens the bond market management.
Multiple listed companies on the stock market are set to announce their charter capital raising plans at the upcoming general meetings of shareholders.
Over 53 per cent of companies listed on the Ha Noi and Ho Chi Minh stock exchanges meet all information disclosure requirements, according to a survey conducted for the 2021 IR Awards.