BAC TRUNG NAM INFRASTRUCTURE CONSTRUCTION JOINT STOCK COMPANY

BAC TRUNG NAM INFRASTRUCTURE CONSTRUCTION JOINT STOCK COMPANY, known in Vietnamese as Công Ty Cổ Phần Xây Dựng Hạ Tầng Bắc Trung Nam, is a fast-growing player in Vietnam’s infrastructure development industry. Officially established on May 24, 2016, and registered under Business ID and Tax Identification Number 0313822745, the company is legally structured as a joint stock company and maintains an active operation status. Its head office is located at 3/19 Nguyễn Thái Sơn Street, Ward 3, Gò Vấp District, Ho Chi Minh City, Vietnam. The company is also accessible by phone at (+84-28) 3863 5938.

Chairman Mr. Bui M. H., who holds the majority stake and leads the company's strategic direction, is at the heart of the company's leadership. Supporting him are Mr. Le Q. C., who serves as director, and Mr. Pham V. P., who manages the financial oversight as chief accountant. These individuals form a leadership team that has consistently steered the company through periods of expansion and revenue growth. The ownership structure reflects this leadership alignment, with Mr. Bui M. H. holding 80% of shares, Mr. Pham V. P. with 10%, Mr. Le Q. C. with 7.5%, and Ms. Dao T. M. H. with 2.5%.

BAC TRUNG NAM specializes in constructing utility infrastructure, including roads, bridges, irrigation systems, and civil and technical infrastructure projects. Beyond this core expertise, the company has diversified its operations into wholesale distribution of construction materials, fuels, metals, and equipment, and repair and installation services for various industrial and household machinery. Its registered business activities span a wide range of services within the construction and engineering ecosystem, including site preparation, demolition, plumbing, electrical installations, and other specialized contracting activities. This broad scope has allowed the company to bid for and execute complex infrastructure projects across Vietnam.

The company’s financial trajectory in recent years highlights steady and consistent growth. In 2024, BAC TRUNG NAM reported total assets of approximately USD 88.76 million, up from USD 85.21 million in 2023 and USD 63.78 million in 2022. This steady asset accumulation demonstrates the company’s ability to scale operations and invest capital-intensive infrastructure projects. The equity position reached USD 8.3 million in 2024, reflecting slight but stable growth compared to previous years. Revenues also experienced significant momentum, growing from USD 83.18 million in 2022 to USD 119.63 million in 2023 and reaching USD 151.13 million in 2024, representing a year-over-year increase of more than 26%. Profitability followed the same positive trend, with net profits jumping from just over USD 17,000 in 2022 to more than USD 80,000 in 2024, an impressive growth rate of nearly 52% over the past year.

Despite the company’s increasing sales and profits, working capital in 2024 declined by 23.25%, which could reflect a shift in internal capital allocation or increased investment in long-term infrastructure assets. Nevertheless, the balance sheet remains healthy, and profitability is on a solid upward path. The company's disciplined financial management, led by its core executive team, is evident in its steady equity ratios and sustainable growth patterns.

In conclusion, BAC TRUNG NAM INFRASTRUCTURE CONSTRUCTION JOINT STOCK COMPANY has positioned itself as a reliable and expanding construction firm in Vietnam. With nearly a decade of operational experience, a strong executive board, and a diversified service portfolio, the company continues to build a solid foundation for long-term success. The leadership of Mr. Bui M. H., coupled with strategic investments in construction and engineering capabilities, suggests that BAC TRUNG NAM is on track to play an increasingly important role in the country’s urban development and infrastructure modernization agenda.