Coteccons Construction Joint Stock Company (stock code: CTD) has released its Q1/2026 financial report for the fiscal year 2025-2026 (July 1 to September 30, 2025), revealing a net revenue of over VND 7,451 billion, a 57% increase year-on-year.
Gross profit surged by 57% to VND 322 billion, maintaining a 4.3% gross margin.
Net profit after tax reached nearly VND 295 billion, more than triple the same period in 2024, marking the highest quarterly profit in the past seven years.
On the stock market, CTD shares saw consecutive ceiling sessions on October 28 and 29, closing at VND 100,000 per share on October 30.
On October 20, 2025, Coteccons held its Annual General Meeting for the 2025 fiscal year.
Mr. Tran Ngoc Hai, Deputy General Director of Coteccons, shared that 2025 marks the first harvest season for Coteccons after aggressively entering the infrastructure sector. Notable projects include APEC Phu Quoc, Long Thanh International Airport (with two significant packages), Phu Quoc International Airport, and Gia Binh International Airport.
New contracts signed in the 2025 fiscal year totaled VND 29,100 billion, with a 75.8% customer retention rate.
Regarding the Go Global strategy, Mr. Hai highlighted projects in Taiwan, such as the Taipei Twin Towers, Hsinchu Complex, Taipei University, and the recently completed Vinfast factory in India.
According to the business plan, Coteccons aims for VND 30,000 billion in revenue and VND 700 billion in net profit for the 2026 fiscal year, representing 21% and 54% growth, respectively, compared to 2025. By the end of Q1/2026, Coteccons has achieved 25% of its revenue target and 42% of its net profit goal.
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Fueled by a surge in construction contract revenue and proceeds from the liquidation of a business cooperation contract, Coteccons kicked off its 2026 fiscal year with a net profit of nearly VND 300 billion in Q1, more than tripling its performance from the same period last year and achieving over 40% of its annual plan.
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Coteccons confidently declares its full preparedness to execute its strategy, aiming to solidify its position as a leading construction enterprise in Vietnam and globally.
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One of the key topics at the discussion session was the new Executive Committee (Excom) model, comprising seven core members—each a CEO responsible for a distinct business segment.
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