RESULTS OF PRODUCTION AND BUSINESS TARGET ACHIEVEMENTS:
REVENUE: COMPLETED 100% OF 2024 REVENUE PLAN (VND 12,653.2 BILLION)
• Revenue in December: reached 981 billion VND, a growth of 4.2% compared to the same period in 2023 (△= 35.8 billion VND).
• Accumulated revenue in 2024: reached 12,666 billion VND, a growth of 11.1% compared to the same period in 2023 (△= 1267.1 billion VND)
PROFIT BEFORE TAX: COMPLETE 100% OF 2024 PROFIT PLAN (VND 671.5 BILLION)
• Profit in December: reached 64.1 billion VND, a growth of 29% compared to the same period in 2023 (△= 14.3 billion VND).
• Accumulated profit in 2024: reached 671.8 billion VND, a growth of 4.2% compared to the same period in 2023 (△= 35.8 billion VND).
PRODUCTION AND BUSINESS ACTIVITIES BY SECTOR IN 2024:
AWARDS:
- The President signed a decision recognizing the title of Labor Hero in the renovation period Make in Vietnam Award 2024
- Make in Vietnam Awards 2024
- Vietnam Digital Transformation Award 2024, IOC System – Full-Process Business Operation Solution for Civil Construction (Intelligent Operation Center)
- TOP5 prestigious and high-quality contractors in Vietnam 2024 – VietNam Construction Awards 2024
- Ranked 1st in the Construction/Architecture industry for large enterprises
- Ranked 76th in the Top 100 Best Places to Work in Vietnam 2024 for large enterprises.
- Top 500 Leading Value Creating Enterprises in Vietnam 2024 (Value500) and Top 10 Leading Value Creating Enterprises in Vietnam 2024
- Mid Cap with the most favorite IR activities by investors in 2024” and “Mid Cap with the most appreciated IR activities by financial institutions in 2024”
- Top 500 Largest Enterprises in Southeast Asia (Fortune 500)
- Top 500 Fastest Growing Enterprises in Vietnam 2024
- Top 50 Best Performing Enterprises in Vietnam
- Champion of infrastructure development and electrical installation
- Champion of Top 10 Construction Contractors in Vietnam, Infrastructure - Industrial category
STOCK MARKET PERFORMANCE:
– Closing the trading session in 2024, CTR stock price reached 124,500 VND/share, an increase of 4% compared to the closing price on November 29 (119,500 VND/share); Trading volume reached 877,514 shares/session, a decrease of 28% compared to November 2024 (1,217,762 shares/session), matched order value ~ 107.902 billion VND.
– The capitalization value of CTR shares as of the end of December 2024 reached 14,812 billion VND, an increase of 47% ~ 4,748 billion VND compared to 2023 (10,064 billion VND).
As of January 23, 2025, the capitalization value of CTR shares reached 15,305 billion VND
OPERATIONS:
4 Factors (People – Processes – Technology – Governance)
People:
• Building an excellent employee experience strategy, with the goal of 100% of Viettel Construction employees being committed and dedicated to the development of the Corporation.
• Implementing a lucky draw program to thank 11,000 employees throughout the Corporation, with a total prize value of over 11 billion VND.
Process:
• The rate of process digitization of Viettel Construction reached 98%, of which the automation rate of key processes reached 52.94% and is in the Top 2 of Viettel Group.
• Building a set of KPIs to evaluate production and business results throughout each level of the Business Center, Provincial/City Branch and District/District Business Center.
Technology:
• Completed the digital transformation goal in 2024, ranking in the Top 3 of Viettel Group in terms of digital maturity.
• Building a bidding management system for procurement, serving the selection of contractors and managing procurement records.
Governance:
• Added 2 new Deputy General Directors, strengthening key leadership for the new development stage.
• Completed the development of Viettel Construction's production and business strategy for the period 2026-2030.
• Promoting cooperation with partner HBC Build Australia, Fraser Coast City Council to seek business expansion opportunities in the Australian market.
