BINH DUONG WATER ENVIRONMENT JSC. (BWE, HSX)

 REVENUE: 2,197 CAPITALIZATION: 3.758

As an exclusive service provider for solid waste and water treatment in Binh Duong province, Binh Duong Water Environment JSC. is evaluated as one of the three typical economic pillars of Binh Duong which is considered "the capital of industrial zones". Binh Duong is currently a leader of the country in industrial zone development with a total of 28 units, accounting for more than 11% of the industrial parks of Vietnam. This particular advantage helps BWE to achieve 22% revenue growth in the past year. In which, clean water production and services accounted for nearly 60% of the total revenue, with the non revenue water loss rate of 6% compared to the average rate of 22.5% in Vietnam.

Currently, the state owns 25% of BWE chartered capital. In the context that industrial parks in Binh Duong continue to be built and expanded; increase of migration labor to Binh Duong will rise demand of services, as a result, BWE is expected to have many areas for development. This is the first time the company is on the list.

((Jun 2019),”50 công ty niêm yết tốt nhất”, Forbes Vietnam, pp55)