On the afternoon of December 7, 2020, the auction of 7.75 million stocks of Viettel Construction (CTR) was held by the Military Industry - Telecommunications Group.
As a result, 19 investors participated in the CTR auction with a total volume of 4.42 million stocks (the successful auction rate was 57%). Ngay trước thềm đấu giá của Viettel, CTR đã có nhịp bứt phá mạnh vào giữa tháng 11 và thị giá có lúc lên 65.000 đồng/cp.
In the first 9 months of the year, CTR achieved revenue of VND 4,235 billion, an increase of 15%, and profit after tax of VND 168.3 billion, an increase of 35% over the same period last year. In 2020, CTR targets an after-tax profit of 199 billion dongs, and with the implementation result, the company has completed approximately 85% of the profit target.
CTR is not only focusing on the construction of telecommunications infrastructure but has expanded many new business areas with 4 pillars, including Operation and Operation (VHKT), Rental Infrastructure (TowerCo), Solution Assembly, and Construction.
At the analyst meeting in early November, company leaders said that according to their plan by 2025, CTR revenue will reach VND 11,500 billion and profit of VND 518 billion, maintain a high and stable ROE with an average rate of 16%; ROA is from 4-5% in the period of 2021 - 2025. However, CTR leaders believe that the company will exceed the above plan, the revenue in 2025 may reach 1 billion USD (about 23,500 billion VND), the proportion of revenue outside the group is up to 50%.
By 2025, CTR will become a leading infrastructure investment and leasing company (TowerCo) in Vietnam. In addition, the company also expands to provide construction services, the technical culture outside Viettel and overseas markets; Develop intelligent electromechanical and clean energy solutions.