According to data on the recently released 2023 financial report, many industry-leading enterprise owning billions of dollars in assets and large amounts of cash and deposits.
Gas Corporation Vietnam (PV GAS – code: GAS) owns the largest amount of cash and deposits of up to 40,752 billion VND, equivalent to about 17 billion USD. This number accounts for 46% of GAS’s total assets and increased by more than 6,000 billion VND in one year. Bank deposits brought the company 2,025 billion VND in profit, an increase of 67% compared to the previous year, averaging 5.5 billion VND per day.
Another business also belongs to ” The “oil and gas family” with a huge amount of money is Binh Son Refining and Petrochemical Joint Stock Company (stock code: BSR). As of December 31, 2023, this company has 38,122 billion VND in cash and deposits increased by more than 13,000 billion VND compared to the beginning of the year. Interest from bank deposits in the past year was more than 1,599 billion VND, an increase of 76% compared to the previous year.
The two giants associated with the name of billionaire Pham Nhat Vuong are Vinhomes (stock code: VHM) and Vingroup (stock code: VIC) also has a large amount of money. At Vinhomes at the end of 2023, the company has nearly 18,000 billion VND in cash and deposits increased by 822 billion VND compared to the beginning of the year. And Vingroup has 34,960 billion VND, an increase of more than 2,000 billion VND compared to the beginning of the year.
Hoa Phat Group (stock code: HPG) of billionaire Tran Dinh Long also revealed a “not average” amount of money. At the end of 2023, the steel company has 34,429 billion VND in cash and deposits equivalent to the beginning of the year. Of which, the company only keeps 9 billion VND in cash and the rest is bank deposits.
The giant in the technology industry – FPT Group (stock code: FPT) also has 24,383 billion VND in cash and cash. deposits increased by nearly 4,900 billion VND in one year. Deposit interest recorded during the year was more than 1,648 billion VND, equivalent to about 4.5 billion VND/day.
With the retail industry, Mobile World Investment Joint Stock Company (stock code: MWG) also There are up to 24,303 billion VND in money and deposits increased by nearly 9,200 billion VND in a year. This amount brought a profit of VND 1,828 billion, adding a large amount to revenue finance of the group.
A number of other businesses also have trillions of dong deposited in banks. Long Hau Joint Stock Company (stock code: LHG) with income from leasing land for industrial parks and factories has 1,190 billion VND in money and bank deposits.
Bovine Breeds Joint Stock Company Moc Chau Milk (stock code: MCM) has 1,497 billion VND in cash and deposits bringing in more than 155 billion VND in interest, contributing to the company’s income. On the contrary, businesses have not borrowed from banks for many years.
The giant in the construction industry – Coteccons Construction Joint Stock Company (stock code: CTD) – has a large bank deposit as of December 31. /December 2023. Total deposits are about 4,400 billion VND, an increase of more than 300 billion VND in half a year.
Or Vinh Hoan Joint Stock Company (stock code: VHC) – “king” of exporting pangasius and basa fish in the Delta region Mekong River – also has nearly 1,930 billion VND deposited in banks, not including hundreds of billions of VND in cash.
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