Menu

Coteccons received the Achievement Award to honor the members of Vietnam Stock Market

July 20, 2020

On the morning of July 20, 2020, at the Stock Exchange which is located in Ho Chi Minh City, the 20th Anniversary of the Vietnam Stock Market’s operation took place to summarize and evaluate the achievements gained during the past 20 years since the date of the operation of the stock market. , contributing significantly to the political duties and obligations of the Financial Sector. The ceremony was attended by Prime Minister- Nguyen Xuan Phuc and the leading representatives of the Party agencies.

In addition, Coteccons (CTD) was honored to receive the Achievement Award at this event to honor VN30 members who have made many great contributions to Vietnam’s stock market. Over the past many years, the Company has always achieved over VND 20,000 billion in revenue/year and has been an exceptional construction unit that has been at the top of enterprises with profits of over VND 1,000 billion for many consecutive years. In difficult stages of the real estate market, typically in 2019, the Company still achieved a profit after tax of 710 billion VND, which is equivalent to the charter capital.

20namhose-2-of-3-1

20namhose-3-of-3-1

RELATED POSTS

COTECCONS WAS HONORED IN THE FORTUNE SOUTHEAST ASIA 500 LIST

25/06/2024

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

June 25, 2024

LAUNCHING THE GREENUP MARATHON – LONG AN HALF MARATHON 2024

18/06/2024

– 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,

June 18, 2024

COTECCONS ANNOUNCES THE DECISION TO ADJUST BUSINESS PLAN FOR FISCAL YEAR 2024

25/04/2024

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

April 25, 2024