{"id":55480,"date":"2025-10-31T11:35:49","date_gmt":"2025-10-31T04:35:49","guid":{"rendered":"https:\/\/www.coteccons.vn\/?p=55480"},"modified":"2026-02-06T13:21:38","modified_gmt":"2026-02-06T06:21:38","slug":"coteccons-reports-impressive-business-results-in-q1-fy2026-highest-quarterly-profit-in-five-years","status":"publish","type":"post","link":"https:\/\/www.coteccons.vn\/en\/coteccons-reports-impressive-business-results-in-q1-fy2026-highest-quarterly-profit-in-five-years\/","title":{"rendered":"COTECCONS REPORTS IMPRESSIVE BUSINESS RESULTS IN Q1 FY2026 \u2013 HIGHEST QUARTERLY PROFIT IN FIVE YEARS"},"content":{"rendered":"

Ho Chi Minh City, October 30, 2025 \u2013 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\u2019 sustainable growth strategy and the strong recovery of the construction industry.<\/em><\/p>\n

Strong performance with the highest quarterly profit in five years<\/strong><\/p>\n

In the first quarter of FY2026, Coteccons recorded consolidated net revenue of VND 7,452 billion<\/strong>, up 56.6%<\/strong> year-on-year. Gross profit<\/strong> reached VND 322 billion<\/strong> \u2013 the highest since 2020 \u2013 growing 56.7%<\/strong> from the same period last year, with a gross margin<\/strong> of 4.32%<\/strong>, in line with last year\u2019s level.<\/p>\n

These positive results demonstrate Coteccons\u2019 ability to manage costs and optimize operations amid ongoing challenges from material prices, labor costs, and intense competition in the construction sector.<\/p>\n

Notably, profit after tax<\/strong> surged 216.7%<\/strong> year-on-year to VND 294 billion<\/strong>, with a net profit margin<\/strong> of 3.95%<\/strong>, the highest in 21 quarters<\/strong>.<\/p>\n

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 \u2014 a clear testament to the company\u2019s outstanding growth momentum.<\/p>\n

Record-high backlog with landmark national projects<\/strong><\/p>\n

As of the end of Q1 FY2026, Coteccons had secured VND 19,300 billion<\/strong> in new contracts, bringing backlog to VND 51,600 billion<\/strong> \u2014 the highest in company history and surpassing the record set at the end of FY2025. This solid foundation not only supports the FY2026 business plan but also ensures a robust pipeline for the coming years.<\/p>\n

Continuing the success of its repeat sales strategy, 95.3%<\/strong> of new contracts came from existing clients \u2014 reaffirming Coteccons\u2019 exceptional and consistent quality. The project portfolio expanded with key developments by Sun Group, Masterise Homes, Vinhomes, Ecopark, and TTC Land, including:<\/p>\n