VIETNAM REPORT ANNOUNCES THE PROFIT500 LIST WITH COTECCONS RANKING IN THE TOP 10 MOST PROFITABLE CONSTRUCTION COMPANIES IN VIETNAM 

Facebook-square Linkedin-in

On the afternoon of October 24, 2024, at the Sheraton Hotel in Hanoi, Vietnam Report presented the PROFIT500 award, which recognizes the top 500 most profitable companies in Vietnam, to Coteccons (HoSE: CTD). With a profit exceeding VND 300 billion for the fiscal year 2024, and a compound annual growth rate (CAGR) of 20-30% over the past three years, Coteccons was also honored in the top 10 most profitable construction companies in Vietnam. 

 Previously, the credit rating organization Fiin Ratings – S&P Global Ratings had also upgraded Coteccons’ credit rating from BBB to BBB+, the highest rating ever given to a construction company. This achievement reflects Coteccons’ efforts and contributions to the construction industry and the development of Vietnam. This recognition also affirms the brand’s strength and the trust Coteccons has garnered from its clients over the years. 

Positive assessments from prestigious organizations like Vietnam Report and Fiin Ratings further confirm confidence in Coteccons’ transparency and efficiency in recent years. This result will serve as a foundation for Coteccons’ development in the future. In the fiscal year 2025, Coteccons aims to continue its revenue growth of 20-30%, with post-tax profits expected to increase by 39% compared to 2024. This impressive growth aligns with Coteccons’ long-term vision of leading Vietnam’s construction industry to global standards. 

The PROFIT500 award, organized by Vietnam Report, is one of the key events recognizing companies with outstanding achievements in profitability and revenue, as well as evaluating criteria related to company size. This event not only provides Coteccons with an opportunity to showcase its accomplishments but also reinforces its position within the industry. 

Mrs. Đinh Thị Hồng Thắm – Information Disclosure Officer, receiving the award 

In the coming years, Coteccons will continue to invest in technological innovation, enhance service quality, and optimize operational efficiency, aiming to conquer new heights in the construction industry. We are proud and will continuously strive to be worthy of the trust from our shareholders, partners, investors, and the community. 

RELATED POSTS

COTECCONS AND UNICONS HONORED FOR THE SECOND CONSECUTIVE YEAR IN THE TOP 10 VIETNAM GREEN ESG COMPANIES 2026 – CONSTRUCTION INDUSTRY

Hanoi, June 26, 2026 – At the Vietnam Business Forum 2026, themed “Innovation for Growth, Green for Sustainability,” Coteccons and Unicons were honored in the Top 10 Vietnam Green ESG Companies 2026 – Construction industry (ESG10). This marks the second consecutive year that both companies have been included in the prestigious ranking, reaffirming their unwavering commitment to ESG practices and demonstrating that sustainable development has been consistently embedded throughout the Coteccons ecosystem. Mr. Nguyen Viet Thang, Corporate Governance Manager, received the award on behalf of Coteccons Representatives of Coteccons together with other distinguished enterprises honored at the award ceremony The Top 10 Vietnam Green ESG Companies 2026 (ESG 10) program is jointly researched and published annually by Viet Research and Finance & Investment Newspaper under the Ministry of Finance. The program recognizes pioneering enterprises that effectively integrate Environmental, Social and Governance (ESG) principles into their business strategies, contributing to the promotion of responsible growth and enhancing the long-term competitiveness of Vietnamese businesses in the global economy. The ESG10 framework is developed based on internationally recognized ESG assessment methodologies, including the Dow Jones Sustainability Index (DJSI), MSCI ESG Ratings, Sustainalytics ESG Risk Ratings, Bloomberg ESG Data Service, and Corporate Knights Global 100, while being adapted to Vietnam’s business environment. Companies are comprehensively evaluated based on sustainable business performance, ESG strategies and commitments, environmental practices, social responsibility, and corporate governance. This recognition carries even greater significance as Vietnam accelerates its green growth agenda toward achieving net-zero emissions by 2050, while ESG standards

READ NEWS

Shareholders’ Day 2026: From Rapid Growth to Quality Growth

Revenue is expected to rise 30%, while profit is projected to grow by at least 50%, exceeding the company’s targets of VND30 trillion in revenue and VND700 billion in net profit. Yet according to Coteccons Chairman Bolat Duisenov, the most notable point is not the financial figures themselves, but the company’s strongest confidence since the pandemic in its strategy, planning and execution capabilities. On the afternoon of June 15 in Hanoi, Coteccons Construction Joint Stock Company (HOSE: CTD) hosted Shareholders’ Day 2026, attended by Chairman Bolat Duisenov, Deputy CEOs Tran Ngoc Hai and Nguyen Chi Thien, and Nguyen Thi Thanh Huong, Human Capital Director of Coteccons. “This Is the Shareholders’ Day That Has Made Me the Most Optimistic” In his opening remarks, Chairman Bolat Duisenov said that in fiscal year 2026, revenue is expected to increase by around 30% year-on-year, surpassing the target and maintaining an average revenue growth rate of about 25% annually since the pandemic. Profit is expected to rise by at least 50% from the previous year, despite this year’s fairly ambitious target of VND700 billion in after-tax profit. Chairman Bolat emphasized that Coteccons continues to maintain positive cash flow, a clear testament to the company’s solid financial foundation. He noted that the figures shared today are not yet final results, but representing data Coteccons is confident enough to share with shareholders at this point. He also expressed his gratitude to all Coteccons employees, the ecosystem of subcontractors and suppliers, and all customers who have trusted

READ NEWS

COTECCONS HOSTS NORTHERN VIETNAM SITE TOUR FOR INVESTORS, DEMONSTRATING ITS CAPABILITY TO DELIVER WORLD-CLASS PROJECTS

On June 12, 2026, Coteccons, in collaboration with HSC, organized an exclusive Site Tour for investors at the Pearl Theatre project, designed by Pritzker Prize-winning architect Renzo Piano. The project is one of Coteccons’ flagship developments, where the Company serves as the main contractor. The Site Tour forms part of Coteccons’ ongoing efforts to enhance transparency and strengthen engagement with the investment community by providing first-hand insights into the Company’s project execution capabilities, construction standards, and operational management system. From Contractor to Comprehensive Solution Provider for Complex Projects Through on-site visits and presentations delivered by the Project Management Team, investors gained a deeper understanding of how Coteccons approaches highly demanding projects, where design, engineering, and construction must be seamlessly integrated. A key highlight of the project is Coteccons’ implementation of the fast-track delivery model, under which design development and construction are carried out simultaneously. By working closely with the project owner from the early design stage, Coteccons helps optimize technical solutions while progressively establishing itself as a comprehensive solution provider that accompanies clients throughout the entire project lifecycle. The Pearl Theatre has a total gross floor area of approximately 40,980 square meters and features a striking cast-in-place reinforced concrete shell roof inspired by the rippling waves of West Lake. The roof shell varies in thickness from 200 to 700 millimeters. At its thinnest point, when compared proportionally to an eggshell, it is even thinner than the shell of an egg. Its reflective ceramic finish creates a distinctive “pearl” effect

READ NEWS
Facebook
Youtube
Linkedin
Zalo
instagram
Tiktok
84.28-35142277
Contact@Coteccons .vn

GENERAL INQUIRIES​