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THIEN LONG NAMED IN THE TOP 50 BEST VIETNAMESE LISTED COMPANIES IN 2017

Post on 02 : 31 PM/27/09/2017

Thien Long Group has been ranked in the list of the 50 Best Companies announced by Forbes Magazine for the fifth consecutive time.

Mr Nguyen Thuong Viet – Group Director of Domestic Business Development of Thien Long Group - receiving the award for the Top 50 best listed companies in Vietnam

According to statistics these 50 companies accounted for more than 60% of total market capitalisation on both bourses; improvements in product quality led the way with total revenue increasing to USD 32.4 billion

The net revenue of Thien Long Group in 2016 reached USD 95 million and total profit after tax USD 10.5 million.

This is the fifth consecutive time that Thien Long Group have been included in the list. Thien Long’s figures for trading expansion include an automation rate increase from 67% in 2015 to 70.3%. Along with the development of 60 000 POS sites Thien Long will also be deploying a Distribution Management System (DMS) to manage the supply chain out to distributors and vendors

The company plans to implement further expansion in floor area of 8,542.08 m2 by the end of 2017 and a reflection of its need to accommodate new investment in equipment and machinery to meet the demands of both domestic and export markets.

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