AsemconnectVietnam - Currently owning a total backlog value of about VND4,057 billion, CDC Construction Joint Stock Company (CDC Construction, code CCC - HOSE) continues to prepare to build more projects.

CDC Construction has signed a construction contract for the project of a commercial center, office and apartment complex at Vinh Tuy Bridge with the investor Song Hong Construction Joint Stock Company, the estimated package value is VND221.8 billion.
It is known that the project is located in Long Bien ward, Long Bien district, Hanoi City and Song Hong Construction said that the project has been granted a construction permit by the Department of Construction (phase 2). The company is calculating land use fees (additional payment), construction and sales (expected to be implemented in the second quarter of 2025).
As of early 2025, CDC Construction's total backlog value is about VND4,057 billion, equal to 273% of the total revenue of the construction sector in the 2023-2024 fiscal year.
In terms of business operations, in the fourth quarter of the 2024-2025 fiscal year (from January 1, 2025 to March 31, 2025), CDC Construction recorded revenue of VND719.82 billion, down 3.2% over the same period, and profit after tax of VND13.1 billion, down 6.4% over the same period. In which, gross profit margin decreased from 3.7% to 3.5%.
Accumulated in the fiscal year 2024 - 2025 (from April 1, 2024 - March 31, 2025), CDC Construction recorded revenue of VND2,189.07 billion, an increase of 20.7% over the same period, profit after tax reached VND42.29 billion, an increase of 46% over the same period last year.
In the fiscal year 2024 - 2025 (from April 1, 2024 to March 31, 2025), CDC Construction plans to have revenue of VND2,426.8 billion, profit after tax of VND48.82 billion.
Thus, ending the fiscal year 2024 - 2025 with profit after tax of VND42.29 billion, CDC Construction only completed 86.6% of the annual plan.
N.Nga
Source: VITIC/Tinnhanhchungkhoan