Home NewsVietnamConstruction major Coteccons’s profit doubles on strong revenue growth, backlog hits record high

Construction major Coteccons’s profit doubles on strong revenue growth, backlog hits record high

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Coteccons (HoSE: CTD), Vietnam’s leading construction firm, reported a sharp rise in profit for the third quarter of its 2025-2026 fiscal year, driven by strong construction revenue, even as borrowing costs and operating expenses climbed.

The Ho Chi Minh City-listed builder posted revenue of VND6.41 trillion ($243.24 million) for the quarter ended March 31, up 28% from a year earlier. Construction activities remained the core driver, contributing nearly all of total revenue.

An illustration of the Danang…

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