Cotec Construction JSC: March 2021
Cotec Construction JSC: March 2021
Cotec Construction
JSC
Vietnam Stock Exchange (CTD)
March 2021
COMPANY SNAPSHOT
236-6 Dien Bien Phu Street, Ward 17, Binh Thanh District Phone: 84 28 35142255
Vietnam
Overview
Cotec Construction JSC (Coteccons) is a construction service provider that offers engineering and construction
management services. The company‟s services include construct and install civil and industrial works, architectural
and technical consultancy service, architectural design of civil and industrial works, indoor and outdoor design,
design of heating, ventilation and air conditioning; and construction of water drainage and supply. It also offers
trading, brokerage, real estate consultancy, and installation of MEP systems. Coteccons also exports and imports
iron, steel, building structures, materials and installation equipment, materials, machinery, equipment and spare
parts. The company's projects include Botanic Towers, Diamond City, Long Thai Tu Spinning Factory, Lucasta
Residences, Dragon Bay, Vinhomes Gardenia and Regina Miracle International. It operates through its offices in
Vietnam and China. Coteccons is headquartered in Ho Chi Minh City, Vietnam.
The company reported revenues of (Vietnamese Dong) VND23,733,028.3 million for the fiscal year ended
December 2019 (FY2019), a decrease of 16.9% over FY2018. In FY2019, the company‟s operating margin was
3.6%, compared to an operating margin of 6.1% in FY2018. In FY2019, the company recorded a net margin of 3%,
compared to a net margin of 5.3% in FY2018.
The company reported revenues of VND3,971,458 million for the second quarter ended June 2020, an
increase of 11.8% over the previous quarter.
Key Employees
Cotec Construction JSC: Deal Activity by Deal Type Cotec Construction JSC: Recent Deal Activity
(2017 - YTD*2021)
Coteccons to Form Partnership with
19 Jan 2017
Viglacera
SOURCE: MARKETLINE
SOURCE: MARKETLINE
Recent Developments
Contracts-->Development
TABLE OF CONTENTS
LIST OF TABLES
Table 6: Cotec Construction JSC: Deal Activity by Deal Type - Volume (2017 - YTD*2021) .......................................... 15
Table 9: Cotec Construction JSC: Partnership Volume and Value Trend (2017 - YTD*2021) ........................................ 18
Table 10: Cotec Construction JSC: Partnership Trend by Deal Type (2017 - YTD*2021) .............................................. 18
Table 15: Cotec Construction JSC: Regulatory and Legal Events ................................................................................ 23
Table 16: Cotec Construction JSC: Strategy and Operations........................................................................................ 23
LIST OF FIGURES
Figure 1: Cotec Construction JSC: Deal Activity by Deal Type - Volume (2017 - YTD*2021) ........................................ 15
Figure 2: Cotec Construction JSC: Partnership Volume and Value Trend (2017 - YTD*2021) ...................................... 18
Figure 3: Cotec Construction JSC: Partnership Trend by Deal Type (2017 - YTD*2021) ............................................... 18
Cotec Construction JSC (Coteccons) is a construction service provider that offers engineering and construction
management services. The company‟s services include construct and install civil and industrial works,
architectural and technical consultancy service, architectural design of civil and industrial works, indoor and
outdoor design, design of heating, ventilation and air conditioning; and construction of water drainage and
supply. It also offers trading, brokerage, real estate consultancy, and installation of MEP systems. Coteccons
also exports and imports iron, steel, building structures, materials and installation equipment, materials,
machinery, equipment and spare parts. The company's projects include Botanic Towers, Diamond City, Long
Thai Tu Spinning Factory, Lucasta Residences, Dragon Bay, Vinhomes Gardenia and Regina Miracle
International. It operates through its offices in Vietnam and China. Coteccons is headquartered in Ho Chi Minh
City, Vietnam.
The company reported revenues of (Vietnamese Dong) VND23,733,028.3 million for the fiscal year ended
December 2019 (FY2019), a decrease of 16.9% over FY2018. In FY2019, the company‟s operating margin was
3.6%, compared to an operating margin of 6.1% in FY2018. In FY2019, the company recorded a net margin of
3%, compared to a net margin of 5.3% in FY2018.
The company reported revenues of VND3,971,458 million for the second quarter ended June 2020, an increase
of 11.8% over the previous quarter.
Country: Vietnam
Fax: 84 28 35142277
Phone: 84 28 35142255
Employees: 2,617
SOURCE: MARKETLINE
SOURCE:MARKETLINE
CotecCons operates as a construction service provider. The key services offered by the company include the
following:
Services:
SOURCE: MARKETLINE
SOURCE: MARKETLINE
SOURCE: MARKETLINE
Figure 1: Cotec Construction JSC: Deal Activity by Table 6: Cotec Construction JSC: Deal Activity by
Deal Type - Volume (2017 - YTD*2021) Deal Type - Volume (2017 - YTD*2021)
ACQ - - - - -
CR - - - - -
CV - - - - -
DIV - - - - -
P'SHIP 1 - - - -
PE - - - - -
Total 1 - - - -
SOURCE: MARKETLINE
SOURCE: MARKETLINE
*ACQ = Acquisition; CR = Capital Raising; CV = Corporate Venturing; DIV = Divestment; P'SHIP = Partnership; PE =Private
Equity & Ownership
Jan 19,
Viglacera Corp (Vietnam) Coteccons to Form Partnership with Viglacera Partnership -
2017
SOURCE:MARKETLINE
SOURCE:MARKETLINE
Figure 2: Cotec Construction JSC: Partnership Figure 3: Cotec Construction JSC: Partnership Trend
Volume and Value Trend (2017 - YTD*2021) by Deal Type (2017 - YTD*2021)
Table 9: Cotec Construction JSC: Partnership Volume Table 10: Cotec Construction JSC: Partnership Trend
and Value Trend (2017 - YTD*2021) by Deal Type (2017 - YTD*2021)
2019 - -
2020 - -
2021 - -
SOURCE: MARKETLINE
Coteccons tops out the grade A office building Friendship Tower Strategy and
Operations;Strategy
Coteccons and the developer CZ Slovakia Vietnam has just topped out and Operations--
Aug 16, 2019
Friendship Tower, the latest Grade A office building in Ho Chi Minh >Customer;Strategy
City‟s centre area, keeping up with the deadline to handover in the first and Operations--
quarter of 2020. >Others
Contracts;Strategy
and Operations--
>Manufacturing and
Supply;Contracts--
>Supply
contracts;Contracts--
>Commercialization
Coteccons and Phu My Hung signs a Design & Build contract for and distribution
CR8 - 2B&3 project contracts (incl.
May 19, 2019 franchises);Contracts
Coteccons and Phu My Hung Development Co., Ltd. held the signing -->Others;Contracts--
ceremony of Design & Build (D&B) contract for CR8-2B & 3 project. >Power Purchase
Agreement;Contracts
-->Engineering and
Development
Contracts;Contracts--
>Engineering and
Development
Contracts--
>Engineering,
Procurement and
Construction
(EPC);Contracts--
>Engineering and
Development
Contracts--
>Development
Contracts;Strategy
and Operations--
>Manufacturing and
Supply;Contracts--
>Supply
Coteccons started the year of Dinh Dau with signing of two contracts;Contracts--
contracts >Commercialization
Feb 6, 2017 and distribution
At the beginning of the year of Dinh Dau 2017, with the determined spirit contracts (incl.
of “Constantly conquering peaks”, Coteccons has just entered into 2 franchises);Contracts
contracts valued at VND 3,400 billion: -->Others;Contracts--
>Power Purchase
Agreement;Contracts
-->Engineering and
Development
Contracts;Contracts--
>Engineering and
Development
Contracts--
>Engineering,
Procurement and
Construction
(EPC);Contracts--
>Engineering and
Development
Contracts--
>Development
SOURCE: MARKETLINE
Coteccons and Phu My Hung signs a Design & Build contract for
CR8 - 2B&3 project
Power Purchase
May 19, 2019
Agreement
Coteccons and Phu My Hung Development Co., Ltd. held the signing
ceremony of Design & Build (D&B) contract for CR8-2B & 3 project.
Coteccons and Phu My Hung signs a Design & Build contract for
CR8 - 2B&3 project Engineering and
May 19, 2019 Development
Coteccons and Phu My Hung Development Co., Ltd. held the signing Contracts
ceremony of Design & Build (D&B) contract for CR8-2B & 3 project.
Coteccons and Phu My Hung signs a Design & Build contract for
CR8 - 2B&3 project
May 19, 2019 Supply contracts
Coteccons and Phu My Hung Development Co., Ltd. held the signing
ceremony of Design & Build (D&B) contract for CR8-2B & 3 project.
Coteccons and Phu My Hung signs a Design & Build contract for
Commercialization
CR8 - 2B&3 project
and distribution
May 19, 2019
contracts (incl.
Coteccons and Phu My Hung Development Co., Ltd. held the signing
franchises)
ceremony of Design & Build (D&B) contract for CR8-2B & 3 project.
Coteccons and Phu My Hung signs a Design & Build contract for
CR8 - 2B&3 project
May 19, 2019 Others
Coteccons and Phu My Hung Development Co., Ltd. held the signing
ceremony of Design & Build (D&B) contract for CR8-2B & 3 project.
Feb 6, 2017 Coteccons started the year of Dinh Dau with signing of two Contracts
contracts
At the beginning of the year of Dinh Dau 2017, with the determined spirit
of “Constantly conquering peaks”, Coteccons has just entered into 2
contracts valued at VND 3,400 billion:
SOURCE: MARKETLINE
SOURCE: MARKETLINE
SOURCE: MARKETLINE
SOURCE: MARKETLINE
Coteccons and the developer CZ Slovakia Vietnam has just topped out
Aug 16, 2019 Others
Friendship Tower, the latest Grade A office building in Ho Chi Minh
City‟s centre area, keeping up with the deadline to handover in the first
quarter of 2020.
Coteccons and the developer CZ Slovakia Vietnam has just topped out Strategy and
Aug 16, 2019
Friendship Tower, the latest Grade A office building in Ho Chi Minh Operations
City‟s centre area, keeping up with the deadline to handover in the first
quarter of 2020.
Jun 14, 2019 Coteccons hands over Vinhomes Imperia Hai Phong project in Customer
June 2019
Jan 17, 2019 In January 17th 2019, Coteccons cooperated with Phuc Khang Group – Others
the developer, to successfully organize the topping-out ceremony of
Tower C - Diamond Lotus project, at 49C Le Quang Kim St., Dist. 8,
HCMC.
Jan 17, 2019 In January 17th 2019, Coteccons cooperated with Phuc Khang Group – Customer
the developer, to successfully organize the topping-out ceremony of
Tower C - Diamond Lotus project, at 49C Le Quang Kim St., Dist. 8,
HCMC.
SOURCE: MARKETLINE
APPENDIX
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Notes
*YTD (Year To Date) – The period beginning January 1st of the current year up until today's date.
*TTM (Trailing Twelve Months) – The timeframe of the past 12 months.
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