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RICONS CONSTRUCTION INVESTMENT JOINT STOCK COMPANY

Active

Business ID 0303527596

84-28 / 3514 0349

RICONS CONSTRUCTION INVESTMENT JOINT STOCK COMPANY

Active

Business ID 0303527596

84-28 / 3514 0349

RICONS CONSTRUCTION INVESTMENT JOINT STOCK COMPANY

Active

Summary

Name:

RICONS CONSTRUCTION INVESTMENT JOINT STOCK COMPANY

Business ID (TIN):

0303527596

Date of Registration:

27 Oct 2004

Registered Office:

Ho Chi Minh City Department of Planning and Investment

Ticker:

RICONS

Address:

No. 96, Phan Dang Luu Street, Ward 5, Phu Nhuan District, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3514 0349

Financial Statement:

2020, 2021, 2022, 2023, 2024

RICONS CONSTRUCTION INVESTMENT JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN ĐẦU TƯ XÂY DỰNG RICONS), known simply as RICONS, is one of Vietnam’s most active and dynamic construction enterprises. Established on October 27, 2004, and operating under Business Registration Number 0303527596, RICONS has built a reputation for delivering high-quality civil and industrial construction projects across the country. The company is legally registered with the Ho Chi Minh City Department of Planning and Investment and has sustained over 20 years of operational excellence.

With its headquarters located at No. 96, Phan Dang Luu Street, Ward 5, Phu Nhuan District, Ho Chi Minh City, and additional offices in Hanoi and Dong Nai, RICONS has demonstrated its national reach and logistical depth. Operating as a publicly held joint stock company, RICONS is traded on the OTC market under the symbol RICONS, signaling transparency and investment potential for stakeholders.

RICONS CONSTRUCTION INVESTMENT JOINT STOCK COMPANY focuses primarily on the construction of civil engineering works, while also participating in the sale of building materials, investment in properties, and rental of construction equipment. The company’s registered business scope includes electrical installations, machinery manufacturing and repair, waste management, metal processing, and construction of specialized infrastructure such as telecommunications and hydraulic systems. This diversified portfolio underlines RICONS's strategic approach to growth and long-term resilience.

At the heart of RICONS’s leadership is Chairman Mr. Nguyen Sy Cong, supported by General Director Mr. Tran Quang Quan and Managing Director Mr. Nguyen Thanh Tam. All three are Vietnamese nationals, ensuring strong local insight while upholding professional standards. With a workforce of 850 employees, the company has been able to execute large-scale projects with precision and agility.

Financially, RICONS CONSTRUCTION INVESTMENT JOINT STOCK COMPANY reported impressive figures in 2024, achieving USD 329.14 million in total sales, a 5.77% increase over the previous year. Profit reached USD 6.53 million, a remarkable 91.99% year-on-year growth, while owner’s equity rose to USD 106.54 million. Although total assets slightly declined to USD 280.79 million, the company maintained a healthy working capital of USD 67.57 million and a solid net worth of USD 102.31 million, indicating robust financial health and liquidity.

Shareholder data reveals that COTECCONS CONSTRUCTION JOINT STOCK COMPANY holds a 14.43% stake in RICONS, while various foreign institutional investors, including entities from the British Virgin Islands and the Cayman Islands, account for over 10% of total ownership. The remaining shares are predominantly held by domestic investors, indicating a balanced investment structure with international appeal.

As one of Vietnam’s leading construction companies, RICONS CONSTRUCTION INVESTMENT JOINT STOCK COMPANY is not only a key contributor to national infrastructure but also a trusted partner in commercial, residential, and industrial projects. However, as the Vietnamese construction and investment environment becomes more complex and competitive, businesses, investors, and financial institutions increasingly rely on trusted sources for risk assessment and verification.

This is where VANGUARD BUSINESS INFORMATION LLC (VBI) plays a vital role. VBI specializes in business verification, credit reports, and risk management services tailored to companies like RICONS CONSTRUCTION INVESTMENT JOINT STOCK COMPANY. Through in-depth analysis of legal registration data, executive background checks, shareholder transparency, and financial health evaluations, VBI helps credit insurers, banks, and trade partners make informed decisions. With access to the most current and verified reports, clients of VBI gain peace of mind and operational confidence when dealing with high-profile firms such as RICONS.

In today’s business environment, understanding the financial and legal standing of a company is not just a formality—it is a critical element of strategic risk control. The case of RICONS CONSTRUCTION INVESTMENT JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN ĐẦU TƯ XÂY DỰNG RICONS) highlights how professional data-driven services, such as those offered by VBI, are transforming how stakeholders evaluate partnerships and investments in Vietnam’s fast-growing economy.

Legal Profile

English Name:

RICONS CONSTRUCTION INVESTMENT JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN ĐẦU TƯ XÂY DỰNG RICONS

Short Name:

RICONS

Business ID (TIN):

0303527596

Date of Registration:

27 Oct 2004

Registered Office:

Ho Chi Minh City Department of Planning and Investment

Ticker:

RICONS

Ownership Status:

Publicly held

Operation Status:

Active

Contacts

Key Decision Makers:

+ NGUYEN S.C

+ TRAN Q.Q

+ NGUYEN T.T

+ HO V.T

+ TRAN T.P

+ TRAN V.M

+ NGUYEN H

+ HOANG P.L

+ NGUYEN M.T

Address:

No. 96, Phan Dang Luu Street, Ward 5, Phu Nhuan District, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3514 0349

Representative office:

LKC30, A1TT1 Low-rise Housing Project, Xuan Dinh Ward, Ha Noi City, Vietnam

Branch:

Road N3, Nhon Trach 6 Industrial Park, Phuoc An Commune, Dong Nai Province, Vietnam

Business Sector

Key business lines:

VSIC:

2592 Machining; treatment and coating of metals

NACE:

25.6 Treatment and coating of metals; machining

Industry Sales Growth

CAGR (2019 - 2023)

5.30%

YoY (2023)

1.27%

Companies by industry

Company distribution and propportions

19,786

0.6806%

Key Industry Players

Top 10 companies in machining; treatment and coating of metals industry

ns bluescope vietnam limited ton dong a corporation cl-th steel limited liability company amecc mechanical construction joint stock company minh ngoc company limited smc tan tao company limited siba high-tech mechanical group joint stock company qh plus steel structure corporation yongjin metal technology (vietnam) company limited the anh steel company limited

Payment History

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Financial Performance

Assets	-29.20%
Owner’s Equity	54.65%
Working Capital	89.25%
Net Worth	58.59%
Sales	34.14%
Operating income	96.49%
EBIT	14.55%
Gross Profit Margin	57.31%
Debt to EBITDA	36.29%

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Legal Profile

Contact and Location

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Shareholders

Business Operation

Assets

Owner's Equity

Sales

Profit

Company Standard Report

Legal Profile

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EBT

EBITDA

Working Capital

Tangible Net Worth

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Profit and Loss Statement

Cash Flow Statement

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Subsidiary and Affiliated Company

Management and Directors

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Business Operation

Suppliers

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Credit Limit

Industry Information

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Negative Payment Records

Banking Information

Litigation Records; Negative News

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Opinion from Analysts

Specific Questions About RICONS CONSTRUCTION INVESTMENT JOINT STOCK COMPANY

When did RICONS CONSTRUCTION INVESTMENT JSC start operating?

RICONS CONSTRUCTION INVESTMENT JSC was started in 27 Oct 2004

What industry does RICONS CONSTRUCTION INVESTMENT JSC operate in?

RICONS CONSTRUCTION INVESTMENT JSC is operating in "Machining; treatment and coating of metals" industry

How can I contact RICONS CONSTRUCTION INVESTMENT JSC?

RICONS CONSTRUCTION INVESTMENT JSC phone numbers is 84-28 / 3514 0349

What adverse news is there about RICONS CONSTRUCTION INVESTMENT JSC?

RICONS CONSTRUCTION INVESTMENT JSC’s has 2 bad news

What is stock symbol of RICONS CONSTRUCTION INVESTMENT JSC?

RICONS CONSTRUCTION INVESTMENT JSC’s stock symbol is RICONS

Where is the location of RICONS CONSTRUCTION INVESTMENT JSC?

RICONS CONSTRUCTION INVESTMENT JSC is located at No. 96, Phan Dang Luu Street, Ward 5, Phu Nhuan District, Ho Chi Minh City, Vietnam

What is RICONS CONSTRUCTION INVESTMENT JSC’s business registration?

RICONS CONSTRUCTION INVESTMENT JSC business registration is 0303527596

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