620 INFRASTRUCTURE DEVELOPMENT AND INVESTMENT CORPORATION

620 INFRASTRUCTURE DEVELOPMENT AND INVESTMENT CORPORATION, abbreviated as IDIC 620, is a privately held joint stock company established on 09 May 2006 and registered with the Long An Department of Planning and Investment under Business ID and Tax Code 1100727305. With more than 19 years of operations, the company has become a recognized player in Vietnam’s infrastructure construction and concrete manufacturing sectors.

Headquartered in Phuoc Dong Commune, Can Duoc District, Long An Province, the company employs approximately 600 people. It also maintains a transaction office in Ho Chi Minh City, reflecting its active involvement in large-scale construction and infrastructure projects across southern Vietnam. The company’s charter capital and paid-up capital both stand at approximately USD 39.77 million, indicating a solid capital foundation.

The core business of 620 INFRASTRUCTURE DEVELOPMENT AND INVESTMENT CORPORATION focuses on manufacturing concrete piles and fresh concrete, alongside civil and industrial construction projects, including transport infrastructure, bridges, factories, hotels, resorts, and high-rise buildings. Its registered activities also include road and railway construction, utility projects, machinery installation, demolition, site preparation, and various construction installation services.

From a financial perspective, total assets reached approximately USD 82.03 million. Although assets declined compared to the previous year, the company maintains stable owner’s equity at approximately USD 40.68 million. This relatively consistent equity base over multiple years demonstrates capital stability, even amid fluctuations in asset size.

Revenue performance remains substantial. Total sales were approximately USD 61.69 million. While revenue slightly decreased year-on-year, the company achieved improved profitability, with net profit rising to approximately USD 10,613. Although the absolute profit figure remains modest relative to revenue scale, the growth rate shows significant improvement compared to previous periods.

Working capital stood at approximately USD 29.66 million, indicating reasonable short-term liquidity to support ongoing infrastructure and manufacturing operations. In capital-intensive industries such as concrete production and civil construction, maintaining sufficient working capital is critical to support project execution cycles and raw material procurement.

The financial performance chart on page 3 highlights volatility in total assets over recent years, with a significant increase followed by a contraction. However, owner’s equity remained largely unchanged, reinforcing the company’s conservative capital structure. Revenue growth in prior periods reflects project-based fluctuations typical in construction and infrastructure sectors.

Shareholding structure indicates diversified ownership. PHAM T. D. holds approximately 58.66%, making him the controlling shareholder. Other shareholders include DAO V. S., TRUONG D. M., BETON 6 CORPORATION, and NGUYEN V. H., reflecting a mix of individual and corporate participation in the company’s capital structure.

Under the leadership of Chairman TRAN XUAN LOC and General Director PHAN VAN TIEN, 620 INFRASTRUCTURE DEVELOPMENT AND INVESTMENT CORPORATION continues to operate actively within Vietnam’s infrastructure development landscape, a sector closely linked to public investment cycles and private construction demand.

For banks, project partners, and investors, key areas for deeper assessment include project backlog stability, debt structure, contract pipeline sustainability, and margin management in the concrete manufacturing sector. Comprehensive credit analysis and financial risk assessment services are available through VNBIS, providing detailed intelligence on construction and infrastructure enterprises throughout Vietnam.