Coteccons Construction Joint Stock Company (CTD) has just announced its consolidated financial report for the fourth quarter of fiscal year 2025, with net revenue reaching 8,351 billion VND, up 27% year-on-year. After costs, the company’s gross profit was 216 billion VND, with a gross profit margin of 2.58%. In this quarter, thanks to the write-back of 150 billion VND in bad debts, the after-tax profit reached 196 billion VND, up 185% compared to the same period last year. For the full year, the company reported total revenue of 24,867 billion VND (up 18%) and after-tax profit of 454 billion VND (up 47%). The revenue growth is attributed to high demand for construction, with plans for 2026 targeting 25,000 billion VND in revenue and 430 billion VND in after-tax profit. The Vietnamese construction industry sees its highest growth in recent years, with significant infrastructure and real estate projects underway. Coteccons recorded a winning bid value of over 29,100 billion VND, a 32% increase from the previous year.
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