After experiencing Typhoon Yagi, many of Viettel's projects and broadcasting stations were severely affected. However, in the first 9 months of 2024, Viettel Construction still achieved the "double" target of 72% of the revenue and pre-tax profit plan. While "lightning-fast" recovering the telecommunications network and simultaneously implementing the project to install 5G station equipment, Viettel Construction still proved its ability to "overcome difficulties" to grow.
RESULTS OF PRODUCTION AND BUSINESS TARGET ACHIEVEMENTS:
September 2024:
- Revenue: reached 1,206.4 billion VND, up 16.1% over the same period in 2023 (△= 138.3 billion VND).
- Profit before tax: reached 60.8 billion VND, up 1.4% over the same period in 2023 (△= 0.9 billion VND).
Cumulative results for the first 9 months of 2024 (9M.2024):
- Revenue: reached 9,141.4 billion VND, up 11% over the same period in 2023 (△= 940.6 billion VND). Completed 72% of the 2024 revenue plan (12,653.2 billion VND).
- Pre-tax profit: reached 483.5 billion VND, up 4% over the same period in 2023 (△= 16.8 billion VND). Completed 72% of the 2024 profit plan (671.4 billion VND).
AWARDS:
- Viettel Construction won the awards "Mid Cap with IR activities most favored by investors 2024" and "Mid Cap with IR activities most highly appreciated by financial institutions 2024" at IR Awards 2024.
- Viettel Construction đạt giải thưởng “Nhà thầu uy tín, chất lượng hàng đầu Việt Nam” tại Vietnam Construction Awards 2024.
- Viettel Construction's centralized IOC - Intelligent Operation Center project management solution won the Outstanding Digital Transformation Solution award at the Vietnam Digital Awards 2024.
OPERATIONS:
4 Factors (People – Processes – Technology – Governance)
People:
- Organize comprehensive capacity building training programs for all provincial/district sales forces.
- Rewarding 4,383 employees and 37 groups in the work of preventing, responding to and overcoming storm No. 3 Yagi, with a total value of up to 10 billion VND.
- Innovation in human resource recruitment policy ensures the quantity and quality of human resources to serve the production and business strategy (Policy on recruiting district/county business directors; Official recruitment policy for OFT operation and exploitation force).
Process:
- Building a software system to manage processes and process frameworks; The process digitization rate at Viettel Construction reaches 98%.
- Comprehensive implementation of ISO 9001, 14001 and 45001 to the provincial/city branch level.
Technology:
- Digital maturity score reached 3.82/5 - Advanced level (leading the entire Viettel Group in digital maturity level.
Governance:
- Building a customer experience strategy 2025 - 2030 with the goal of optimizing customer experience and building a customer-centric culture.