Coteccons CFO Nguyen Van Dua resigns from deputy general director and chief financial officer roles

Coteccons Construction Joint Stock Company (CTD-HOSE) has received the resignation letter of Mr. Nguyen Van Dua from the positions of Deputy General Director and Chief Financial Officer, effective from 26 April 2026, citing personal reasons.

Mr. Dua (born 1978) was appointed Deputy General Director of Coteccons on 17 October 2024. He has more than 25 years of experience in financial management, accounting, compliance and investment at Masan Group, Bien Hoa Confectionery Corp (Bibica), Thao Dien Investment, Kusto Group and AMI AC Renewables, holding roles including Chief Accountant, Deputy General Director, Chief Financial Officer and ExCom member. He currently owns 144,600 shares, equivalent to 0.1% of CTD.

Q3 2026 business performance

CTD recently announced its Q3 2026 results for the calendar quarter from 1 January 2026 to 31 March 2026. Net revenue in Q3 reached VND 6,409 billion, up about 28% year-on-year. For the first nine months, revenue totaled VND 23,868 billion, up about 43% year-on-year (from VND 16,647 billion), achieving about 80% of the FY2026 business plan.

Gross profit in Q3 was VND 287 billion, up about 84% year-on-year. For nine months, gross profit was around VND 980 billion, up about 75%.

Net profit after tax in Q3 was VND 119 billion, up about 108% year-on-year. For nine months, net profit after tax was around VND 642 billion, up about 152%, and reaching about 92% of the FY2026 business plan. Net profit margin was 1.86% in Q3, while the nine-month margin was about 2.69%, up 1.16 percentage points.

Contracts, backlog and repeat sales

CTD reported that the total value of contracts awarded in 9M FY2026 reached nearly VND 48,000 billion. The backlog carried forward at quarter-end approached VND 65,500 billion, continuing to set historical highs for the company and providing a basis for revenue growth in upcoming periods.

The share of repeat sales in 9M FY2026 remained above 75%, reflecting increasing investor confidence in Coteccons’ execution capability, construction quality and brand reputation.

Project portfolio

CTD said it continued to be entrusted with large-scale projects from reputable investors, including Sun Group, BWID and Viettel. Specific projects mentioned include Sun Group projects, the BWID Binh Duong project, Maslight Tower (investor Thuy Duong), and the Viettel Data Center – M&E package.

Context and company commentary

CTD noted that in a construction sector facing pressure from volatility in material prices and labor costs—driven by global geopolitical developments and high CPI levels—its growth outpaced the same period, reflecting improved corporate governance and operational efficiency.