Coteccons (CTD) Shareholders Meeting: Record Revenue Plan of 30 Trillion, 10% Dividend, Important Move Disclosed with 1.2 Trillion Provisions for Bad Debts

On the morning of October 20, 2025, Coteccons’ annual General Meeting of Shareholders approved a revenue plan of 30 trillion VND for 2026, following a recorded revenue of 24.885 trillion VND in 2025, up 18%. The after-tax profit also increased by 47% to 456 billion VND. The company will focus on three strategic markets: the U.S., Middle East, and Taiwan, despite negative cash flow of 1.153 trillion VND due to rapid revenue growth and high inventory. Coteccons plans to improve profit margins in 2026 while not making additional provisions for nearly 1.2 trillion VND in bad debts. The meeting also approved a 10% cash dividend and a stock issuance adjustment at a rate of 20:1, which is expected to raise the charter capital to 1.1403 trillion VND. Several personnel changes were also made in the Supervisory Board.