ELCOM, a technology-telecommunications company, has recently reached a historic peak stock price of 26,750 VND/share, raising its market capitalization to nearly 3 trillion VND. It holds about 70% of the smart traffic systems (ITS) market share in Vietnam, providing solutions such as monitoring centers, AI cameras, and electronic toll collection systems. The company also has long-term partnerships with Viettel, Mobifone, and participates in major telecommunications projects. ELCOM aims for a revenue target of 1.16 trillion VND in 2025, with expectations to exceed its plan due to a significant amount of newly signed contracts. Additionally, ELCOM owns valuable real estate in Hanoi, including two “diamond land” plots, which contribute to its revenue from office and commercial sectors.
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