At Coteccons' (HoSE: CTD) 2026 annual general meeting, a shareholder questioned why the company keeps nearly VND 7,800 billion in cash and deposits while still borrowing over VND 4,000 billion in short-term loans. Deputy CFO Nguyễn Hồng Sơn said the company aims for a safer capital structure, combining short-term loans with VND 1,400 billion in bonds and long-term bank loans, raising the long-term capital share to about 30% and then 60-70%, while building a transparent financial profile to raise capital when needed. On foreign ownership, Coteccons has completed raising the cap to 50% and expects to reach 100% in 2026. For fiscal 2026, net revenue reached VND 34,340 billion (up 38%), after-tax profit VND 788 billion (up 73%), and backlog about VND 70,000 billion.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Có gần 7.800 tỷ đồng tiền mặt vẫn đi vay hơn 4.000 tỷ, Coteccons nói gì về chuyện 'có tiền giấu trong túi'?
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Related tickers and likely impact
CTD
• NeutralCOTECCONS
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Construction & Materials |
| Industry | Heavy Construction |
| Market cap | 7,067 bn VND |
| P/E | 9.0 |
| P/B | 0.73 |
| Close on 10/20/2026 | 66.00 |
| Change that session | +4.43% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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