An Phat Bioplastics Stock Company (Hose: AAA) is honored to be in the Top 3 listed companies with the best IR activities in 2019 recognized by the Financial Institutions.
AAA is an enterprise which not only meets the information disclosure standards, but also satisfy other requirements such as good liquidity, compliance with treasury stock transactions, attracting foreign investors, good dividend policy, etc. Therefore, for many consecutive years, AAA has always been a familiar name in the voting list and won awards selected by investors and financial institutions every year.
This year, at the Ceremony of honoring and awarding the Top 3 IR Awards 2019 of Mid Cap group voted by Financial Institution – top 19 Vietnam leading stock companies, with the highest recognized level, An Phat Bioplastics Joint Stock Company (AAA) was notably cared among 259 enterprises meeting information disclosure standards. These achievements show that AAA is always an enterprise with strong IR activities, with high interaction with investor community, good quality assurance, transparency, accuracy, speed and timely published information.
With remarkable achievements in IR activities, AAA also got investors’ attention recently, the 6-month profit of AAA reached over VND 364 billion, increased by 3.3 times the same period in 2018. In the first six month accumulation, AAA achieved a net revenue of VND 5,042 billion, up 39%. Gross profit margin in the first half of the year reached 13.2%, a sharp improvement compared to 8.1% in the first half of 2018. AAA’s positive business results were attributed to its industrial real estate segment beside the production of traditional thin-film packaging with optimal capacity, as well as a dramatic increase in exporting products to Japan and the US markets, with growth rates of 40% and 80% respectively in the first half of 2019, and an increased proportion of bio compostable products.
IR Awards is an annual event to raise enterprises’ awareness about information disclosure, shareholder relations in particular or investor relations in general; for an open, transparent and efficient stock market. In this 9th year, in addition to the public online voting participated by a large number of investors, the IR Awards 2019 recognizes 19 financial institutions that accompany and perform quality assessments on IR activities of the Listed Enterprises.