Starting the new fiscal year with positive indicators, Coteccons recorded revenue from the two markets of the US and Cambodia, creating a premise for the goal of sustainable growth and development.
Consolidated business results for the second quarter of fiscal year 2025 (Q2FY2025) Coteccons recorded revenue in Q2FY2025 of VND 6,886 billion, up 21.6% over the same period. Accumulated revenue for the first 6 months of fiscal year 2025 reached VND 11,645 billion, up 19% over the same period, completing 46.6% of the set business plan.
Gross profit in Q2FY2025 reached VND 202 billion, up 19.1% YoY. Accumulated in the first 6 months of fiscal year 2025 reached VND 407 billion, up 51.1% YoY. Gross profit margin in Q2FY2025 reached 2.93%, approximately the same as the same period last year. Gross profit margin in 6 months was at 3.49%, higher than the same period in FY2024.
Notably, Coteccons' after-tax profit in Q2FY2025 reached VND106 billion, up 53.7% year-on-year, and returned to the triple-digit level since Q3FY2024. According to the report, the company has completed 46.3% of the plan, reaching a cumulative first half of fiscal year 2025 of VND199 billion, up 46.7% year-on-year.
Along with the growth in revenue and profit, Coteccons also focuses on optimizing the operating system. In 2024, the business management costs in Q2FY2025 decreased by 13.3% compared to last year. This is the initial result after 3 years of restructuring.
