Most listed foreign companies in Vietnam profitable

A farmer takes care of a sugarcane farm of sugar producer Thanh Thanh Cong – Bien Hoa Jsc. Photo courtesy of the company

Seven out of 10 listed foreign companies in Vietnam have been consistently profitable for the last five years, according to a recent report.

The most profitable has been sugar producer Thanh Thanh Cong – Bien Hoa Jsc (SBT), which reported a profit of VND650 billion last year after rising by 79 percent, according to a report by the State Securities Commission of Vietnam (SSC).

The company, which is among the 30 largest capped stocks on the Ho Chi Minh Stock Exchange (HoSE), also has the biggest market cap among listed foreign firms of VND17.23 trillion ($760.74 million).

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