COTECCONS HONORED WITH “VNR TOP 50 VIETNAM THE BEST 2024” AWARD FOR THE 7TH CONSECUTIVE YEAR

Hanoi, January 8, 2025 – At the VNR500 Awards Ceremony, co-organized by Vietnam Report, Coteccons was proud to receive the prestigious “Top 50 Vietnam The Best 2024” award. The accolade was personally presented by Dr. Alondra Nelson, a global icon of leadership excellence.

For over 20 years, Coteccons has been recognized not only as a reputable general contractor behind large-scale, high-quality projects but also as a pioneer in integrating international standards and advanced technologies into Vietnam’s construction industry. From iconic landmarks to complex urban developments, Coteccons has left a lasting mark through creativity, innovation, and exceptional efficiency.

Ms. Dinh Thi Hong Tham, Coteccons’ Information Disclosure Officer, receiving the award plaque and certificate from Mr. Nguyen Anh Tuan, former Editor-in-Chief of Vietnamnet (left), and Dr. Alondra Nelson (right).

As the company enters a new phase of growth, Coteccons continues to enhance competitiveness by investing in technology, talent, and sustainable initiatives. With a pioneering and responsible spirit, Coteccons remains a critical link in the construction industry’s value chain, contributing significantly to Vietnam’s prosperity.

The “VNR Top 50 Vietnam The Best 2024” award stands as a testament to the company’s relentless efforts and serves as motivation for Coteccons to forge ahead in creating sustainable value.

This year’s awards ceremony was further elevated by the presence of Dr. Alondra Nelson, a renowned scientist and policymaker of global influence. Dr. Nelson formerly served as Acting Director of the White House Office of Science and Technology Policy (OSTP) and Deputy Assistant to U.S. President Joe Biden. She has been recognized on NATURE’S 10 list and TIME100 list of the most influential individuals in artificial intelligence (AI). Her attendance at the VNR500 Awards not only enhanced the prestige of the event but also provided profound insights into the transformative role of technology in the AI era.

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Coteccons has successfully handed over the Viet Y Steel Plant at Nam Cau Kien Industrial Park, Thuy Nguyen District, Hai Phong City – a flagship project in the high-tech industrial construction sector in Northern Vietnam.  Exterior of the Viet Y Steel Plant in Hai Phong.  With complex technical requirements and high precision, the project is a clear testament to Coteccons’ professional, precise, and internationally-standardized construction capabilities – especially in industrial projects integrating high-tech production lines. A Technically and Constructionally “Heavy” Project The plant is built on an area of 3 hectares, including various components such as the main workshop, auxiliary areas, landscape infrastructure, and particularly the connection area between the old and new workshops. The overall structure is a perfect combination of solid reinforced concrete foundations and prefabricated steel frames up to 20 meters high, with three steel frame systems spanning approximately 28 meters each, using a total steel structure weight of 5,000 tons. The steel frame structure with a span of 28 meters has been constructed to align with the operational design of the plant.  Leveraging experience in large-scale industrial projects, Coteccons has implemented methodical construction, tightly controlling the entire process, meeting stringent requirements for quality, safety, and progress. Precision to Every Millimeter – Foundation for High-Tech Production Lines As an industrial project integrating the most modern equipment, 100% imported from the world’s leading steel group Danieli (Italy), the Viet Y Steel Plant project sets special requirements for precision in construction – particularly in machine foundation components and

As April arrives, Coteccons construction sites across the country — from highlands to lowlands, urban centers to coastal regions — are adorned with the vibrant red of the national flag flying proudly atop tower cranes, scaffolding, and at site entrances. Among the most moving moments are those when the Vietnamese flag is flown across the sky by aircraft, right above the very structures taking shape, leaving a lasting and powerful impression. At Coteccons, this is more than an annual tradition. It is a heartfelt tribute to the generations who secured the peace we enjoy today. It is also a steadfast commitment to our mission of nation-building — powered by the intellect and craftsmanship of the Vietnamese people. Each Coteccons project is not merely a technical endeavor; it is a manifestation of trust, dedication, and the aspiration to build a modern, sustainable Vietnam rooted in national identity. Join us in revisiting the sacred and radiant moments captured during this year’s 30/4 celebration.

Ho Chi Minh City, April 29, 2025 – Coteccons Construction Joint Stock Company (HOSE: CTD) today announced its financial results for the third quarter of fiscal year 2025 (Q3FY25). The Company reported a record-breaking total backlog of nearly VND 37 trillion. In a parallel milestone, CTD stock has been officially added to the VNDiamond Index by the Ho Chi Minh Stock Exchange (HOSE) during the April 2025 rebalancing, marking a significant leap in Coteccons’ position in Vietnam’s financial market. For Q3FY25, Coteccons posted consolidated revenue of VND 5,003 billion, a 7.2% increase year-over-year, driven by accelerated key project delivery and expanded construction output. Cumulatively for the first nine months, revenue reached VND 16,647 billion, up 15.2% over the same period in FY2024. Gross profit remained under pressure due to a 9% increase in cost of goods sold, driven primarily by input cost fluctuations due to macroeconomic impacts and turbulent in the world. Gross profit for the quarter came in at VND 156 billion, while net profit after tax was VND 57 billion. For the nine-month period, gross profit rose 14% to VND 559 billion and net profit after tax rose 5.8% to VND 255 billion. The gross profit margin improved to 3.12%, up from 2.93% in the previous quarter, thanks to cost optimization and improved project execution efficiency. CTD stock was recently included in the VNDiamond Index by HOSE in the April 2025 review. This marks Coteccons’ entry into this prestigious index after restructuring. This index represents high-quality “blue

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