ALPHANAM E&C JOINT STOCK COMPANY

ALPHANAM E&C JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN ALPHANAM E&C) stands out as one of the most established engineering and construction firms in northern Vietnam, operating under business ID 0100520683and headquartered on Nguyễn Trãi Street, Hà Nội. With nearly two decades of activity and a workforce of 181 employees, the company delivers civil, industrial, and electrical construction services, as well as M&E installation and real estate-related activities.

As a publicly held company listed on the Hà Nội Stock Exchange under the ticker AME, Alphanam E&C is led by Chairman Bui H. T. and General Director Truong T. T. H., supported by Deputy General Director Lam S. T. Ownership is dominated by Alphanam Investment JSC, which holds 83.01 percent, giving the group strong strategic control and financial direction.

According to the financial tables and performance charts on page one, 2024 was a year of significant expansion. Total assets rose to USD 130.43 million, a sharp increase of more than 26%, reflecting increased project scale and capital deployment. Revenue surged to USD 138.5 million, an impressive fifty-two percent jump compared with 2023, marking the company’s strongest growth phase in recent years. Equity strengthened to USD 35.78 million, supported by stable retained earnings.

Profit rose modestly to USD 932,816, up just over seven percent year-over-year. Although profit growth trails behind revenue growth, the company continues to demonstrate consistent profitability, a notable achievement in an industry often affected by tight margins, delayed payments, and volatile input costs. Working capital also improved, reaching USD 31.29 million, a healthy indicator of liquidity for ongoing construction projects.

Alphanam E&C’s mix of electrical engineering, civil works, M&E installation, and property-related services gives it a diversified portfolio aligned with Vietnam’s ongoing infrastructure and urban development. With strong shareholder backing, rising revenue, and expanding assets, the company enters its twentieth year with momentum and the capacity to scale further in both public- and private-sector projects.