JVC ranked in Top 3 Vietnamese companies

HO CHI MINH CITY – Japan Vietnam Medical Instrument Company (JVC) was ranked third overall on a list of Top 50 Performing Companies in Viet Nam. The superior ranking – provided by a review panel and survey organized by business and investment magazine Nhip Cau Dau Tu and Thien Viet Securities – was the result of high marks in both financial performance and qualitative measurements.

JVC is the leading supplier of medical diagnostic equipment (X-rays, MRI's, Cat Scans, etc.) to health care facilities across Vietnam. 

"We couldn't be more excited about this ranking – it is the first time we have had such wide recognition of our performance. Certainly, being seen as one of the best business is very meaningful to our team, our shareholders, and our clients," said Le Van Huong, chairman and CEO of Japan Vietnam Medical Instrument Company

On the financial side, Ho Chi Minh Exchange-listed JVC achieved some of the best results in the survey.  The company was evaluated based on four factors: revenue growth, net profit growth, return on equity (ROE) and return on invested capital (ROIC). For the period from 2010 through 2012, the Company posted average revenue growth of 61%; net profit growth of 77%; ROE of 39%; and, ROIC of over 32%.

In terms of qualitative measures, was also seen as a top performer based upon its strong business model and strategy, the quality of the management team, and the firm's ability to manage performance given the difficult global and regional environment.

The Annual Top 50 Performing Companies in Vietnam Review evaluates strengths and weaknesses in business model, corporate governance, and vision of management in 20FUTSAL