CADIVI to continue the Top 50 Companies most effective Vietnam

  • 11:14, 17/06/2016
  • 4095
Dated 16.06.2016, the company JSC Vietnam Power Cable continued presence in the list announced "50 companies the most efficient business in Vietnam" in 2016 according to the survey results Magazine Rhythm investment demand - one of the prestigious business magazine's Top Vietnam and Thien Vietnamese securities companies.

This program is a survey and ranking of companies listed on the stock market through the scientific method of measurement to international standards by Investment Bridge Magazine organized with the advice of the Council of Justice issues including financial professionals experienced investors, consulting companies corporate governance world-renowned companies such as fund management and organizational VCP McKinsey. Scoring criteria in addition to this year's ranking is based on two indicators of growth in sales double (SR-CARG) and margins on equity (ROE) is then added to the assessment of margins profit for equity (stock return) 2013-2015 period. So this year's top 50 companies that are not only effective but also business profitable for the best investors.

 

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Pictures: Nguyen Huu Viet - Business Manager CADIVI to receive honors board

Since officially listed shares on the HCM City Stock Exchange in May 12/2014 (HOSE: CAV), CADIVI has 2 consecutive times became one of 50 companies the most efficient trading Vietnam Male. This represents the right development strategy and the efforts of collective solidarity staff CADIVI, especially in the economic times are volatile and constantly challenge in the last 3 years . This title is the pride and encouragement for CADIVI, helping to give further impetus to CADIVI continue to strive to maintain and improve the efficiency of production and business activities in the coming period.

With a field of activity is producing wire, cable and electronic instruments of all kinds; CADIVI is taking steps to improve its position and its reputation through its focus on expanding its market share in key markets at home and abroad; more diversified products such as hybrid cable, welding cable, LAN cable, control cable wire armor, extended cable ... In recent years, the company has business results are maintained at effective high and growing at a steady pace, averaging 15-20% / year. 2016, the company set a target of achieving revenue arises 6.500 billion, dividend at 30%. Regarding long-term orientation, vision to 2020, CADIVI will become one of the leading manufacturer of power cables in Southeast Asia.