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

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. 

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Ho Chi Minh City, October 2, 2025 – Coteccons Construction Joint Stock Company (HOSE: CTD) is honored to be recognized at the IR Awards 2025 by Vietstock and the Vietnam Association of Financial Executives (VAFE), winning the two most prestigious distinctions in the Mid-Cap category: “Individual Investors’ Best Choice” and “Financial Institutions’ Best Assessment.” This also marks the fifth consecutive year that Coteccons has been certified as meeting the Information Disclosure Standards – a strong testament to the company’s commitment to transparency, accountability, and open dialogue with shareholders.  According to Vietstock, this year 460/691 listed companies (equivalent to 67%) satisfied the Information Disclosure Standards, marking the highest ratio in the 15-year history of the IR Awards. Against this backdrop, Coteccons distinguished itself as the sole representative of the construction sector to be honored, reaffirming its pioneering role in elevating investor relations (IR) practices and corporate governance standards in Vietnam’s construction industry.  Beyond providing information, Coteccons redefines the role of Investor Relations (IR) through its philosophy of “Designing Expectations.” Through initiatives such as Shareholders Day, Tet at Construction Site Livestreams, and exclusive site tours for investors, the Company bring shareholders directly to the projects – where value is created – to witness first-hand Coteccons’ construction capabilities, as well as internationally certified safety and quality management systems.  Mr. Bolat Duisenov, Chairman of the Board of Directors of Coteccons, shared: “We are willing to engage in dialogue even with shareholders who own just a single share. At the same time, we aim

Ho Chi Minh City, September 25, 2025 – Coteccons Construction Joint Stock Company (HOSE: CTD) has announced its audited consolidated financial statements for fiscal year 2025, with several positive adjustments compared to the previously released unaudited figures. The results reaffirm the Company’s efforts in cost control and operational efficiency amid a challenging construction market. Specifically, the audited FY2025 results highlight the following positive growths: Consolidated net revenue reached VND 24,885 billion, an increase of VND 18 billion compared to the unaudited report, completing 99.5% of the target set at the FY2024 Annual General Meeting (AGM). Despite industry headwinds such as intense competition and rising material and labor costs, Coteccons effectively controlled expenses and enhanced project execution capabilities. As a result, gross profit rose to VND 815 billion, up VND 37 billion, lifting the gross margin to 3.28%, nearly on par with last year’s level (3.39%). Operating profit reached VND 533 billion, an increase of VND 4 billion after audit. The operating profit margin improved to 2.14%, up 0.69 percentage points year-on-year. Net profit after tax rose by VND 2 billion compared to the unaudited report, fulfilling 106% of the annual plan. Return on average equity (ROE) reached 5.09%, a 1.49 percentage point improvement year-on-year. As of June 30, 2025, Coteccons’ consolidated total assets stood at VND 29,701 billion, up VND 118 billion from the pre-audit report and increasing 30% compared to FY2024. The debt-to-total-assets ratio remained low at 10%, reflecting a healthy capital structure with strengthened financial scale and

At the Shareholders’ Day event on September 20, 2025, Coteccons’ Chairman – Mr. Bolat Duisenov delivered candid insights on the company’s strategy and long-term vision, beginning with three keywords that he believes will shape not only the construction sector but also the trajectory of Vietnam’s economy in the decades ahead.  On September 20, 2025, Coteccons held its Annual Shareholders’ Day at the construction site of the APEC Convention Center project in Phu Quoc.  Opening the dialogue, Chairman Bolat Duisenov outlined an ambitious 20-year vision for Coteccons, aligned with the country’s development, beginning with the keyword Urbanization. He highlighted that with Vietnam’s current urbanization rate at 40%, the nation stands at a similar stage to where China was two decades ago. This not only signals vast growth potential but also presents significant opportunities for the construction industry to shape an integrated infrastructure ecosystem — spanning roads, bridges, airports, hospitals, and schools.  Continuing on the growth trajectory, Mr. Bolat emphasized the theme of Industrialization. Vietnam is emerging as a regional “industrial hub,” attracting over 60% of total FDI into manufacturing and high-tech sectors. With advantages in a young and skilled workforce, strategic geographic location, and strong government support, well-prepared and capable construction companies are positioned to seize this golden opportunity.  The final cornerstone of the strategic vision is Globalization. As Vietnam’s position on the international stage continues to strengthen, Coteccons is boldly venturing into the vast ocean. With projects already executed and underway in Laos, Cambodia, Myanmar, India, and Taiwan, and

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