Coteccons Construction Joint Stock Company (CTD) announced its financial report for Q1 2026 with revenue exceeding 7.451 trillion VND, a 57% increase year-on-year. After-tax profit reached nearly 295 billion VND, tripling the same period last year, marking the highest profit in 7 years. CTD’s stock surged to the ceiling in two consecutive sessions on October 28 and 29, closing at 100,000 VND/share. The company is actively participating in infrastructure projects, including the Long Thanh International Airport. New contracts signed in 2025 amounted to 29.1 trillion VND, with a customer retention rate of 75.8%. Coteccons targets revenues of 30 trillion VND and after-tax profit of 700 billion VND for 2026, marking increases of 21% and 54% respectively from 2025. So far, Coteccons has completed 25% of the revenue target and 42% of the profit goal.
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