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Coteccons
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Coteccons reports 8 percent decline in profits
Construction giant Coteccons has reported an 8 percent fall in net profit last year, and blamed it on rising costs.
$200 mln deal to develop resort complex on Tuan Chau Island
Construction company Coteccons and real estate developer Tuan Chau Group will build a multimillion-dollar resort complex on Tuan Chau Island.
Construction giant reports lowest quarterly profit in 4 years
Construction giant Coteccons reported a pre-tax profit of VND156 billion ($6.7 million) for the second quarter, a 71 percent decline year-on-year.
July 18, 2019 | 12:02 am PT
South Korean investment fund offloads 8 pct stake in Coteccons
Korea Investment Management sold most of its stake in construction giant Coteccons after a third straight quarter of declining profits.
August 13, 2019 | 12:35 am PT
Stocks that sailed deeply into the red in 2019
Vietnam’s stock exchanges recorded 31 stocks losing more than half of their value through the course of 2019.
January 5, 2020 | 11:34 pm PT
Construction giant sees profits halved
Construction giant Coteccons has reported a 53 percent fall in post-tax profits last year, saying general difficulties in the industry have squeezed margins.
January 21, 2020 | 02:00 am PT
Coteccons to reshuffle with new strategy
Fundamental changes in business and human resource strategies for Coteccons, a Vietnamese construction heavyweight, have been approved by the firm’s board of directors.
August 12, 2020 | 12:00 am PT
Chairman of Vietnam’s largest contractor resigns
The chairman of construction giant Coteccons has stepped down after a 17-year tenure that saw the company grow into Vietnam’s largest contractor.
October 6, 2020 | 01:32 am PT
Deposed chief cuts stake in construction giant Coteccons
Former chairman and founder of Coteccons, Nguyen Ba Duong, has reduced his stake in the construction giant by 1.5 percentage points after his recent resignation.
October 9, 2020 | 11:00 pm PT
Coteccons Q3 profit hits five-year low
Construction giant Coteccons saw post-tax profits plunge by half year-on-year to VND88 billion ($3.79 million) in the third quarter, the lowest quarterly figure since 2015.
October 31, 2020 | 08:47 pm PT
Construction giant Coteccons turns gaze to industrial real estate
A subsidiary of construction giant Coteccons has acquired an 8.13 percent stake in industrial real estate firm Idico, signaling the former’s entry into a new industry.
December 23, 2020 | 09:00 pm PT
Coteccons head downplays takeover claims
The new head of Vietnamese construction giant Coteccons has downplayed foreign takeover rumors, saying the company is restructuring towards reclaiming its big cap reputation on the stock market.
April 23, 2021 | 05:14 pm PT
Coteccons diversifies as competition in construction hits profit margins
The fierce competition in civil construction and the resultant razor thin profit margins have prompted it to expand into infrastructure, energy and asset management, construction giant Coteccons said.
April 26, 2021 | 06:47 pm PT
Coteccons profits plunge by half, blames higher costs
Construction giant Coteccons saw post-tax profits fall 56 percent year-on-year to VND54 billion ($2.3 million) in the first quarter.
May 4, 2021 | 08:08 pm PT
Construction firm Ricons gets new chairman
Nguyen Sy Cong has taken over as chairman of Ricons with effect from June 24.
June 27, 2021 | 08:26 pm PT
Coteccons wins Intercontinental Ha Long Bay bid
Coteccons Construction JSC was awarded a contract for the InterContinental Ha Long Bay Resort & Residences project by BIM Land Real Estate, a subsidiary of BIM Group.
July 2, 2021 | 02:20 am PT
Vietnamese contractor offers visionary choice to foreign real estate giants
In 17 years, Coteccons has been constantly innovating in operation management to meet the increasing requirements of foreign real estate developers and prestigious investors in Vietnam.
August 23, 2021 | 07:00 pm PT
Coteccons chairman to buy $1.6 mln worth of company shares
Bolat Duisenov, chairman of construction giant Coteccons, has registered to buy 730,000 shares of the company over a month starting June 3.
May 31, 2022 | 05:30 am PT
Coteccons posts loss in Q2 due to debt provisioning
Leading construction company Coteccons reported a loss of VND24 billion ($10.36 million) for the second quarter after making a bad-debts provision of VND242 billion.
August 1, 2022 | 07:27 pm PT
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