IDICO URBAN AND HOUSE DEVELOPMENT INVESTMENT JOINT-STOCK COMPANY

IDICO URBAN AND HOUSE DEVELOPMENT INVESTMENT JOINT-STOCK COMPANY (CÔNG TY CỔ PHẦN ĐẦU TƯ PHÁT TRIỂN NHÀ VÀ ĐÔ THỊ IDICO), commonly known as IDICO-UDICO, is a publicly listed enterprise specializing in real estate development, construction, and industrial park infrastructure investment. The company’s head office is located at Road No. 4, Nhon Trach 1 Industrial Park, Phuoc Thien Commune, Nhon Trach District, Dong Nai Province, Vietnam, and it operates under Business ID 3600486108, registered with the Dong Nai Department of Planning and Investment on February 16, 2005.

With more than 20 years of experience, IDICO-UDICO has established itself as one of southern Vietnam’s most reputable developers in housing, urban infrastructure, and industrial zones. The company’s leadership team includes Ms. Tran T. H. (Chairwoman), Mr. Tran V. P. (Director), and Mr. Le D. M. (Deputy Director), supported by a workforce of 123 employees. The company’s charter capital is USD 3.29 million, and it is publicly traded on the Ho Chi Minh Stock Exchange (HOSE) under the stock symbol UIC.

As a subsidiary of IDICO Corporation – JSC, which holds 66.93% ownership, IDICO-UDICO benefits from solid financial backing and strategic support, other notable shareholders include Ms. Tran T. H. (15.35%), AFC VF Limited (5.94%), and Mr. Tran V. P. (0.58%), reflecting a diverse yet cohesive ownership structure.

The company’s main business lines include residential construction, urban development, industrial infrastructure, electricity generation, and water treatment. In addition, it engages in real estate trading, machinery leasing, and wholesale of construction materials, strengthening its presence across multiple segments of Vietnam’s infrastructure ecosystem. Its consistent record of delivering resettlement areas, housing projects, and urban infrastructure demonstrates its capability to execute complex, large-scale developments.

Financially, IDICO-UDICO achieved strong results in 2024, marking a significant rebound in performance. Revenue reached USD 121.91 million, up 21.12% year-on-year, while net profit rose 18.03% to USD 2.36 million. Total assets expanded to USD 29.66 million, a 26.48% increase, and equity climbed to USD 19.04 million, reflecting 13.87% growth. Although working capital decreased slightly to USD 6.79 million (down 15.54%), liquidity and operational efficiency remained solid.

After two years of moderate performance, the 2024 results confirm IDICO-UDICO’s steady recovery and growth momentum. The company’s ability to manage large industrial and housing projects while maintaining financial stability positions it as a key player in Vietnam’s ongoing urbanization and industrial expansion.

With over two decades of experience, IDICO URBAN AND HOUSE DEVELOPMENT INVESTMENT JSC continues to play a vital role in developing sustainable and modern living spaces, as well as industrial infrastructure across Vietnam. For a deeper understanding of the company’s 2024 financial results, credit standing, and business outlook, the updated report is available through VNBIS (Vanguard Business Information LLC) for professional risk management, credit evaluation, and investment planning.