The Construction Joint Stock Company Coteccons (CTD) has just announced its financial report for the third quarter of the fiscal year 2025. Consolidated revenue was 5.003 trillion VND, an increase of over 7% year-on-year. However, gross profit dropped by 29% to over 156 billion VND, mainly due to fluctuations in input costs. After-tax profit reached over 57 billion VND, a 46% decrease from the same period last year. Cumulatively over nine months, revenue reached 16.647 trillion VND, up 15%, and after-tax profit was 255 billion VND, an increase of more than 6%. Coteccons recorded a bid value of 23 trillion VND, pushing the total backlog to a record high of 37 trillion VND. The company won many large projects and currently, the sales ratio from repeat projects accounts for about 69%. Coteccons is also participating in important projects at Long Thanh Airport. Shares of CTD were included in the VNDiamond index in April 2025.
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