Viettel Construction (CTR): Construction revenue increased 86% in January
Sunday, March 1,2026
AsemconnectVietnam - Viettel Construction Joint Stock Company (Viettel Construction, ticker CTR) recently announced its business results for January 2026, with the main growth driver coming from the construction segment, bringing in VND490.2 billion, an increase of 86% and accounting for 38% of total revenue (an 8% increase compared to the same period last year).
In January, the company recorded revenue of VND1,303.2 billion, a 45% increase compared to the same period in 2025 and completing 8% of the 2026 revenue plan (VND15,653.4 billion).
Accordingly, the company's pre-tax profit reached VND63.8 billion, a 26% increase compared to the same period in 2024, equivalent to completing 8% of the 2025 profit plan (VND714.2 billion).
In particular, the operations and maintenance segment remained the mainstay, generating revenue of VND 557.7 billion, a 22% increase year-on-year and accounting for 43% of total revenue. In the first month of the year, the company secured domestic network resources while also ensuring the completion of key performance indicators (KPIs) and resolving transmission issues for foreign network operators.
Notably, the construction segment became the main growth driver, increasing by 86% year-on-year to VND490.2 billion, accounting for 38% of total revenue (compared to only 30% in the same period last year). CTR reported that it secured projects for B2B projects worth VND255.2 billion; B2C projects worth VND84.7 billion; and SME projects worth VND160.5 billion.
Next, CTR's technical solutions and services segment generated VND170.2 billion, a 53% increase and accounting for 13% of total revenue. During the month, the company strongly implemented its outreach program, developing energy, electromechanical, and technical services projects, achieving 135% of the plan and a 92% year-on-year growth.
Finally, in the infrastructure leasing sector, the company generated VND77 billion, a 21% year-on-year increase and accounting for 6% of total revenue. As of January 2026, the company owns 12,000 BTS stations; 2.45 million m2 of DAS; 2,716 km of transmission lines; and 17.7 MWp of solar power. Currently, the company is promoting the implementation of a wind power project in Quang Tri (a contract has been signed for the supply of equipment for the construction and installation of wind measurement towers, and construction management is ensuring wind measurement operations begin in March 2026).
N.Nga
Source: VITIC/Tinnhanhchungkhoan
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