COTECCONS CONSTRUCTION JOINT STOCK COMPANY

COTECCONS CONSTRUCTION JOINT STOCK COMPANY (Công Ty Cổ Phần Xây Dựng Coteccons), one of Vietnam's most recognized construction brands, continues to assert its leadership in large-scale residential, industrial, and infrastructure projects. Established on August 24, 2004, and operating under Business Registration Number 0303443233, Coteccons is a publicly held joint stock company listed on the Ho Chi Minh Stock Exchange (HOSE)under the ticker symbol CTD. With over two decades of industry presence, the company has grown into a powerhouse of engineering, innovation, and urban development across Vietnam.

Headquartered in Ho Chi Minh City, with branch offices in Hanoi and Binh Duong, Coteccons employs more than 2,600 professionals and has become synonymous with large, complex construction works for both domestic and foreign investors. Its extensive registered business activities cover not only the construction of residential buildings, but also engineering design, mechanical and electrical installation, road and railway infrastructure, wholesale of machinery and construction materials, and even architectural consultancy and demolition services. This diversification enables Coteccons to operate as a full-spectrum contractor capable of delivering turnkey solutions for Vietnam’s rapidly urbanizing landscape.

In the fiscal year ending June 2024, Coteccons recorded a remarkable financial turnaround. Its total sales soared by 212.04% to reach USD 864.6 million, after a year of revenue contraction. Profitability followed suit, with net profit surging by 493.08% to USD 12.72 million, signaling a robust rebound in project execution and cost management. Total assets rose to USD 939.52 million, while equity reached USD 352.95 million, further consolidating its position as one of Vietnam’s financially strongest construction firms. Although working capital decreased by 14.4%, the company remains well-capitalized and agile in navigating Vietnam’s competitive construction market.

Coteccons is currently chaired by Mr. Bolat Duisenov, a Kazakh national who also holds a small individual stake in the company. Institutional investors from Singapore—Kustocem Pte. Ltd. (17.9%) and The 8th Pte. Ltd. (10.6%)—represent major foreign stakeholders, while domestic fund-related entities such as KIM Vietnam Fund Managementalso maintain significant interests. This internationalized shareholder base underscores Coteccons’ appeal as a globally connected yet locally grounded engineering firm.

For stakeholders evaluating Coteccons’ performance or assessing partnership opportunities, accessing Private Financial Data is essential for risk mitigation and investment clarity. Tools like the Business Verification Service from VANGUARD BUSINESS INFORMATION LLC (VBI) provide verified insights and corporate due diligence, especially useful for foreign investors entering Vietnam's booming construction sector. VBI serves as a reliable Business Information Gateway, delivering transparency into corporate ownership, credit standing, and financial health, critical for high-stakes infrastructure investments.

As Vietnam pushes forward with massive urbanization, transportation, and housing projects, COTECCONS CONSTRUCTION JOINT STOCK COMPANY is poised to remain a strategic leader. With proven execution capacity, strong financial recovery, and deep-rooted relationships with government and private clients, Coteccons is a symbol of modern Vietnamese engineering ambition. For full access to its business profile, risk assessments, and financial indicators, visit www.vnbis.com, the trusted destination for business intelligence in Vietnam.