On April 04, 2014, at National Conferrence Center in Hanoi, Vietnam Report and Vietnamnet held a ceremony to announce 500 fastest growing companies of Vietnam (Fast500) in 2013. Dat Xanh is present in Top 100 of this Fast500 rankings.
The presence of Dat Xanh in Fast500 is yet another success of the Group in 2013. The representative of DXG who received the Certificate and cup was Mr. Nguyen Truong Son, Investment Director in the North.
Mr. Son says: “We are so proud to be awarded this prize since 2013 is a difficult year to real estate industry. However, Dat Xanh is one of very few real estate companies that appear in Top 100 of Fast500. This is such a great happiness and evidence that the effort of whole staff of DXG throughout the previous period has been accredited by the market and investors.”
Mr. Nguyen Truong Son, Investment Director in the North - DXG
According to announcement of Vietnam Report, the construction, building materials, and real estate industries have high rates of growth (59.2%), only below fishery (65.1%). Thus, “hot” industries such as real estate still make it to the list of FAST500 this year.
Average CAGR 2009 - 2012 - Source: Vietnam Report
Companies in the list are ranked according to compound annual growth rate (CAGR) in terms of revenue during 2009 - 2012, with due account taken of total assets, total employees, post-tax profit, reputation, etc.
The presence of Dat Xanh in Fast500 list (only 3 real estate companies can make it to this list) reflects the company’s strong and rapid growth. With the experience and effort of its leaders and employees, the Company kept experiencing growth in terms of profit in 2013. In particular:
- Consolidated post-tax profit reaches 89,730 million Vietnam dong, which increases 52% compared to 2012 and 128% of profit target 2013 set forth by the General Meeting of Shareholders.
- Post-tax profit of the parent company reaches 82,764 million Vietnam dong, which increases by 43% compared to 2012.
According to assessment of Vietnam report, the companies in Fast500 are “pioneers of Vietnam’s economy” and are expected to be contributing factors of the recovery of the economy. And Dat Xanh “factor” has been speeding up to become one of the leading business corporations in Vietnam engaged in real estate - finance - construction, with a network of more than 20 associate companies nationwide. Dat Xanh is committed to keep developing best products and services to satisfy the demands of customers as well as bring a better life for milliions of Vietnamese people. With this determination, Dat Xanh will keep striving to make it to Top 500 fastest growing companies in 2014.
The ceremony to announce Fast500 takes place was very formal and received attention from the community of Vietnamese companies as well as the press. The ceromony enable leaders of companies to see each other and exchange expereince of business administration over the previous period. With this celebration, Fast500 companies in particular and Vietnamese companies in general are expected to have stronger belief and passion, flexibly graps all opportunities to aim for the overall growth target of the economy, and make breakthroughs to accomplish further and higher targets in the futre.
Nhat Hanh