Coteccons launches “the rescue” of agricultural products

From 14th to 21st of February 2020, Coteccons Construction Joint Stock Company launched a campaign to “rescue” 25 tons of watermelons to support farmers who are struggling to consume them in the market because of the epidemics of COVID 19. Accordingly, the number of rescued agricultural products will be divided into 02 free distribution stages to the workers at the construction sites of Coteccons in 3 regions of the country.

Specifically, on February 14th, 2020, the Company organized the support to purchase  13 tons of watermelons (phase 1) to give out to about 10,000 workers working at major construction sites in the Ho Chi Minh area. This action is to partially strengthen the spirit of the farmers and helping the workers have more energy to ensure their health for working.

Watermelons are being gathered at the construction sites

Members of the Steering Committee are distributing watermelons to the Workers

This is not only a practical action, but also the sharing of the Company also shows the spirit of “solidarity”, adding motivation for farmers to overcome difficulties in the next stages. At the same time, the Board of Directors wants to propagandize every employee working together for the community.

In addition, due to the nature of working at construction sites with a large number of construction teams from all of the corners around the country, the Company works strictly with the Safety Committee, the Steering Committee of the construction sites will carry out  many propaganda measures for  preventing COVID-19 epidemics for all workers: regularly updating information to raise awareness of workers about the epidemic prevention, checking body temperature before entering, arranging hand washing areas, and providing free masks and increasing the frequency of antiseptic spraying at the workplace

Doing exercise for health together with the preventive measures

Some valuable images at the campaign:

 

RELATED POSTS

Ho Chi Minh City, June 24, 2024 – Fortune magazine, a renowned global business publication, has for the first time released a list of the largest companies in Southeast Asia. Notably, Coteccons, the largest construction company in Vietnam by scale, has been featured in this list for the construction industry.  FORTUNE SOUTHEAST ASIA 500 CONFIRMS COTECCONS’ LEADING POSITION  Fortune Southeast Asia 500, a list of the top 500 largest companies in Southeast Asia, screens companies through a rigorous process. The indexes are collected publicly and transparently through data provided by businesses to competent state agencies and are re-certified by two third-party independent testing organizations, Refinitiv and S&P Global Market Intelligence. Coteccons, recognized as the largest construction company in Vietnam by scale, appearing on this list reaffirms its leading position in the Vietnamese construction industry. This also attests to Coteccons’ impressive business results and financial strength in a transparent manner.  In particular, this recognition comes as Coteccons prepares to conclude its fiscal year on June 30, 2024. The current business growth trend indicates that Coteccons’ revenue is expected to exceed the 2024 target by more than 20,000 billion VND. With pioneering steps, Coteccons has made its mark with sustainable construction projects, including the Pandora factory—Pandora’s largest factory in Southeast Asia, meeting LEED standards; the Lego Factory—Vietnam’s first carbon-neutral factory; the Suntory Pepsi Factory—a project applying the most modern green technology in the Asia-Pacific region; and the Logos Project—a high-quality complex of warehouses, factories, and offices for rent.  SWEET FRUITS FOR

– In support of the Green Vietnam project, Coteccons pledges to donate one green tree for each athlete who completes 5 km. – 11,000 trees in each province will contribute to the goal of planting primary forests in Quang Binh and Quang Tri.   Ho Chi Minh City, June 18, 2024 – Coteccons Construction Joint Stock Company (HoSE: CTD) in partnership with Tuoi Tre Newspaper, Department of Culture, Sports and Tourism of Long An Province and Dong Tam Company held a Press Conference to announce the launch of the third season of GreenUP Marathon – Long An Half Marathon 2024 with the message “Run beyond the finish line”. The running event is expected to attract more than 4,000 athletes to participate in Can Giuoc District, Long An Province on August 24, 2024, with 3 distances: 5km – 10km – 21km. Accordingly, the Organizing Committee offers a special prize, which is an airplane ticket and a ticket to participate in the Laguna Phuket Marathon, taking place in Thailand in 2025 for the First Male – First Female position at the 21km distance. The first marathon to cross an international port in Vietnam Keeping the criteria of a unique running route, GreenUP Marathon season 3 gives athletes a different experience with a unique running route – through Long An International Port, the export and import center of the Mekong Delta region, or a chance to admire the tallest flagpole in Indochina with a windy view of the Soai Rap river channel,

On April 25, 2024, the Board of Directors of Coteccons Construction Joint Stock Company (stock code: CTD) approved the Decision to revise the business plan for fiscal year 2024 (spanning from July 1, 2023 to June 30, 2024). Specifically, Coteccons sets a new revenue target of 20,000 – 20,500 billion VND, replacing the earlier-approved goal of 17,793 billion VND. This adjustment also translates into a revised post-tax profit goal, shifting from the previous aim of 274 billion VND to 288 – 296 billion VND.  Coteccons announced the decision to raise its new business goal after assessing positive results that maintained the growth trend during the first 9 months of the new fiscal year.  By the end of March 2024, Coteccons’ revenue reached 14,400 billion VND, completing 81% of the planned target. Additionally, profit after tax amounted to 240 billion VND, occupying 88% of the proposed plan. Other financial indicators also demonstrate growth trends, both financially and operationally. Notably, Coteccons has enhanced the quality of accounts receivable by allocating provisions of 180 billion VND for bad debts. Moreover, general and administrative expenses have decreased by 16 billion VND, marking a 7% reduction over the same period. Based on the revised fiscal year, the reviewed financial statements for the first nine months of 2024 reflect Coteccons’ total assets amounting to 20,900 billion VND, of which cash and short-term financial investments account for 14%. Furthermore, adding to its roster of successful bids, Coteccons – Unicons has secured a series of substantial bid

84.28-35142277
Contact@Coteccons .vn

GENERAL INQUIRIES​