Coteccons Announces New Leadership

On November 05, 2021, Coteccons Construction Joint Stock Company (Code: CTD) recently issued a staffing structure that aligns with the company’s diversification strategy and announced a senior staff appointment to the Board of Directors.

With the increasingly fierce competition in the construction field, in addition to focusing on the core business by ensuring and improving the quality of works to approach international standards, the company must rapidly develop new business segments such as infrastructure, renewable energy; expand environment-friendly construction solutions; optimize technology, etc. Strategy to diversify business activities in the field with high intellectual and technological content will require focus on and investment more in human resources. Coteccons identifies people as the key factor and plays a critical role in the successful implementation of the strategy.

With the orientation, Ms. Pham Thi Bich Ngoc was appointed to the position of Deputy General Director of Human Resource Management, with the responsibility to continue appointing high-level human resources to serve the model of diversification and standardization of human resource management platforms such as evaluation system closely linked to business objectives, career development roadmap for employees, talent retention program, salary and benefit system linked to job performance…

Ms. Ngoc has joined Coteccons since May 2021 as a senior advisor to the Board. She graduated with a Master of Business Administration from Solvay University, a BA in English from the University of Social Sciences and Humanities and has 24 years of experience working for leading companies in Vietnam such as Techcombank, Masan, Prudential, MGM Grand Ho Tram, Bayer and Vietnam Airlines. In addition to her primary expertise in human resource management, Ms. Ngoc continues to serve as Senior Advisor to the Board of Directors, leading the transformation of organizational culture and customer experience, localizing training programs; ensuring to inherit the traditional values of Coteccons while meeting international standards.

In addition, the Company also announced that Mr. Michael Tran will be leaving Coteccons as of November 30, 2021, and thank him for his great contribution over the past year. Mr. Bolat Duisenov, Chairman of Coteccons shared, “Coteccons would like to express our sincere appreciation to Mr. Michael Tran for his tremendous contribution to our company over the past year, we recognize and appreciate his competent and professional work ethic, his commitment, dedication, and leadership, especially his great efforts in setting up the team and ensuring smooth operations at the sites. In particular, Mr. Michael Tran is one of the pioneers in building Coteccon’s transformation platform in the past year. Coteccons would like to wish that Mr. Michael Tran will continue to achieve further great success in his new chapter.”

 

RELATED POSTS

PRESS RELEASE COTECCONS ANNOUNCES INTENTION TO PARTICIPATE IN GIA BINH INTERNATIONAL AIRPORT PROJECT AND UPDATES PUBLIC BOND ISSUANCE DOCUMENTATION FOR 2025 Ho Chi Minh City, December 5, 2025 – Coteccons Construction Joint Stock Company (HOSE: CTD) has announced three significant resolutions related to its strategy to participate in a key national infrastructure project and the ongoing process of finalizing documentation for its 2025 public bond issuance. Coteccons Approved to Enter into Contracts with Consortium for Gia Binh International Airport Project The Board of Directors of Coteccons issued Resolution No. 28A/2025/NQ-HĐQT dated December 5, 2025, approving the Company’s intention to sign contracts with the Consortium of General Contractors for the execution of critical packages and components of the Gia Binh International Airport Project. Gia Binh International Airport is a national priority project, expected to become one of Vietnam’s largest airports, designed to meet ICAO’s 4F standards. Given its complexity and scale, the project requires contractors with extensive experience, deep knowledge of international standards, and proven capability in delivering mega projects in Vietnam. Coteccons Updates Progress on Adjusting 2025 Public Bond Offering Documentation The Board of Directors also approved Resolutions No. 26 and 27 dated December 5, 2025, concerning adjustments to certain details in the documentation for the 2025 public bond offering. Previously, Coteccons submitted its bond issuance dossier to the State Securities Commission and disclosed information on October 13, 2025, in compliance with regulations. The Company is currently refining, adjusting, and supplementing information as guided by the regulatory authority. These

Ho Chi Minh City, October 30, 2025 – Coteccons Construction JSC (HOSE: CTD) announced business results for the first quarter of fiscal year 2026 (the accounting period from July 1 to September 30, 2025), posting exceptional growth in both revenue and profit. The results reflect the effectiveness of Coteccons’ sustainable growth strategy and the strong recovery of the construction industry. Strong performance with the highest quarterly profit in five years In the first quarter of FY2026, Coteccons recorded consolidated net revenue of VND 7,452 billion, up 56.6% year-on-year. Gross profit reached VND 322 billion – the highest since 2020 – growing 56.7% from the same period last year, with a gross margin of 4.32%, in line with last year’s level. These positive results demonstrate Coteccons’ ability to manage costs and optimize operations amid ongoing challenges from material prices, labor costs, and intense competition in the construction sector. Notably, profit after tax surged 216.7% year-on-year to VND 294 billion, with a net profit margin of 3.95%, the highest in 21 quarters. Coteccons was also honored among the Top 500 Most Profitable Companies in Vietnam 2025 (PROFIT500) by Vietnam Report and VietnamNet, rising 53 ranks from the previous year — a clear testament to the company’s outstanding growth momentum. Record-high backlog with landmark national projects As of the end of Q1 FY2026, Coteccons had secured VND 19,300 billion in new contracts, bringing backlog to VND 51,600 billion — the highest in company history and surpassing the record set at the end

On the morning of October 20 at its Ho Chi Minh City headquarters, Coteccons Construction Joint Stock Company (HOSE: CTD) held its 2025 Annual General Meeting of Shareholders. Setting an ambitious revenue target of VND 30,000 billion for 2026 — the highest in its history — Coteccons reaffirmed its belief that “we don’t need to run; we just need to move in the right direction.” COTECCONS’ JOURNEY – AN OLYMPIC RACE “DESTINED FOR A MEDAL” “2025 marks 20+1 years of Coteccons’ presence in Vietnam, and at the same time, it is also a new milestone in the company’s development journey. This is an occasion for us to present the business results for the fiscal year 2025, the plan for the fiscal year 2026, and at the same time share upcoming strategies, especially in human resource development, with the hope of receiving valuable feedback from shareholders and partners. On the occasion of Vietnamese Women’s Day, I would also like to extend my congratulations to all the women present here and to the grandmothers and mothers at home”, Mr. Bolat opened his speech at the 2025 Annual General Meeting of Shareholders. The business chart of the past year shows that we are moving in the right direction. As Coteccons turns 20+1, the company’s goal is to build a strong next-generation leadership team and reduce reliance on the direct presence of the current management. “I believe that by 2030, the next-generation leadership system will be firmly established, and my personal role will

84.28-35142277
Contact@Coteccons .vn

GENERAL INQUIRIES​