In the first quarter of fiscal year 2026, Coteccons recorded net revenue of 7.452 trillion VND, up 56.6% year-on-year. Gross profit reached 322 billion VND, the highest since 2020, with a stable gross profit margin of 4.32%. Net profit after tax was 294 billion VND, up 216.7% compared to the previous year, with a net profit margin of 3.95%, the highest in the last 21 quarters. The company secured new contracts worth 19.300 trillion VND, increasing its backlog to 51.600 trillion VND, providing a strong foundation for business plans in 2026. The proportion of revenue from traditional project tenders reached 95.3%, reinforcing Coteccons’ credibility with major investors like Sun Group and Vinhomes. Coteccons is currently executing the Jade Square project in West Lake, affirming its market position. These results provide a strong impetus for the new fiscal year with numerous growth opportunities.
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