FICO CORPORATION - JSC

FICO CORPORATION - JSC (Tổng Công ty Vật liệu Xây dựng Số 1 - Công ty Cổ phần) is a publicly held enterprise operating in the construction materials sector. Registered in Ho Chi Minh City and listed on UPCOM under the stock symbol FIC, FICO CORPORATION - JSC has a long operational history, with its establishment year adjusted to 1976 according to published corporate disclosures. With more than 15 years under its current corporate structure and a workforce of over 500 employees, the company plays a recognized role in Vietnam’s building materials and infrastructure development market.

Financially, FICO CORPORATION - JSC maintains total assets of approximately USD 112.2 million and owner’s equity of around USD 63.72 million. Net worth stands at about USD 60.27 million, reflecting a solid capital base. Total sales reached roughly USD 56.25 million, while profit amounted to about USD 3.39 million. Working capital improved significantly to approximately USD 11.5 million, strengthening short-term liquidity.

Across multiple reporting periods, total assets have remained relatively stable at around USD 112 million. Revenue declined sharply before recovering modestly, while profit rebounded strongly after a prior contraction. Although owner’s equity has gradually decreased, the company continues to maintain a positive and substantial equity cushion. The financial pattern indicates that FICO CORPORATION - JSC operates with controlled leverage and moderate profitability, though revenue volatility reflects sensitivity to market demand in the construction materials industry.

The charter capital and paid-up capital of FICO CORPORATION - JSC both stand at approximately USD 52.17 million. The company is chaired by Ms. DO T. H., with Mr. CAO T. T. serving as General Director and Mr. PHAM V. T. as Deputy General Director. Its headquarters is located on the 15th Floor, Sailing Tower Building, No. 111A Pasteur Street, Ho Chi Minh City, with branches in Dong Nai, Ho Chi Minh City, and Ha Noi, indicating a nationwide operational footprint.

A key structural characteristic of FICO CORPORATION - JSC lies in its shareholder composition. STATE CAPITAL INVESTMENT CORPORATION holds approximately 40.08 percent, while XUAN CAU INVESTMENT JOINT STOCK COMPANY owns 40 percent. Ms. DO T. H. holds a smaller but notable individual stake. The presence of significant state capital participation suggests institutional backing and potential strategic alignment with national infrastructure policies.

Operationally, FICO CORPORATION - JSC focuses primarily on manufacturing and trading construction materials. Registered activities extend to construction of buildings, civil engineering projects, roads and railways, quarrying of stone and sand, inland freight water transport, specialized construction services, real estate activities, and even vocational education. This broad scope positions FICO CORPORATION - JSC as an integrated construction materials and infrastructure-related enterprise rather than a single product manufacturer.

In summary, FICO CORPORATION - JSC demonstrates stable asset management, positive profitability, and a strong equity foundation supported by institutional shareholders. While revenue fluctuations require continuous monitoring, the company’s capital structure and diversified business lines provide resilience. For investors, banks, and contractors seeking deeper due diligence, including financial ratio analysis, credit assessment, litigation checks, and risk evaluation, comprehensive reports are available through VNBIS, a leading provider of business intelligence, financial analysis, and risk management services in Vietnam and worldwide.