COTECCONS RANKS NO.1 IN “TOP 10 REPUTABLE CONSTRUCTION CONTRACTORS” FOR THE THIRD CONSECUTIVE YEAR

Hanoi, April 24, 2025 – Coteccons Construction Joint Stock Company once again affirms its leadership position, claiming the No.1 spot for the third year in a row in the Top 10 Reputable Construction Contractors 2025, as announced by Vietnam Report in collaboration with Vietnamnet. This marks the seventh time Coteccons has topped the ranking since its inception in 2017.

 Top 10 Reputable Construction Contractors 2025 (Source: Vietnamnet)

Over the past three years, Coteccons has undertaken a major shift in its business model, focusing on operational optimization, process innovation, and sustainable development strategies. With an unwavering commitment to innovation, Coteccons continues to deliver iconic construction projects while building an ecosystem that fosters safe, meaningful, and inspiring living environments.The company identifies people as the cornerstone of its competitive advantage. Accordingly, Coteccons remains dedicated to attracting and nurturing top talent—not only to elevate construction quality but also to fuel innovation across the board. At the same time, the company is strengthening its internal capabilities and enhancing brand equity as it seeks to solidify its presence in the domestic market and expand internationally, laying the groundwork for diversified revenue streams and long-term sustainable growth.

The ranking, compiled by Vietnam Report, is based on a transparent and comprehensive evaluation process. Key criteria include updated financial data as of December 31, 2024, media coding analysis, and surveys of industry experts and stakeholders. As Vietnam’s construction industry experiences a strong recovery with a 7.87% growth rate—surpassing the national GDP growth of 7.09%—reputable firms continue to play a pivotal role in driving progress.

Coteccons continues to lead the field with impressive business results. For the fiscal year 2024, the company recorded VND 21,045 billion in revenue, VND 310 billion in post-tax profit, and a backlog of VND 35,000 billion starting from 2025. These figures not only reflect robust financial strength but also demonstrate the company’s agility and resilience amid an industry-wide transformation.

Mr. Nguyen Tan Tien – MEP Managing Director representing Coteccons received award plaques from the program

Coteccons extends its sincere gratitude to customers, partners, and the wider community for their trust and support. These achievements are the result of collective efforts, and Coteccons is committed to forging ahead on its journey to become an “industry leader”, contributing to a bright future for Vietnam’s construction sector.

About Coteccons

Coteccons is a leading general contractor in Vietnam with over 20 years of experience in executing large-scale, complex projects. The company is a pioneer in applying advanced technology and innovation to deliver optimal construction solutions that improve quality of life and promote sustainable development for communities.

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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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