On December 20, 2021 at Rex Hotel Saigon, Hung Thinh Incons (Ticker symbol: HTN) was honored with "Typical products and services of Ho Chi Minh City 2021” award by Ho Chi Minh City Union of Business Associations. This was the second consecutivetime that Hung Thinh Incons has received this award, affirming the positive results in the company's business activities for recent years.
Mr. Huynh Thanh Tu - Deputy General Director of Hung Thinh Incons
received the "Typical products and services of Ho Chi Minh City 2021” award
After 3 months of mobilization, the award organizers announced 123 products and services of 96 enterprises that won the title of "Typical products and services of Ho Chi Minh City 2021". Enterprises listed in the award voting must meet the criteria of the Evaluation and Voting Council such as: economic efficiency, full fulfillment of tax and labor obligations... especially factors of creativity, innovation, overcoming difficulties and challenges in response to the impact of Covid-19 pandemic. Having passed many rounds of review and appraisal by the Organizing Committee, Hung Thinh Incons was honorably voted as "Typical Products and Services of Ho Chi Minh City 2021".
Certificate and campaign medal of “Typical Products and Services of Ho Chi Minh City 2021” award for Hung Thinh Incons
In 2021, despite facing many difficulties due to the impact of Covid-19 pandemic, Hung Thinh Incons still maintained its operations, performed well the dual missions of "disease prevention and business efficiency maintenance", thereby achieving stable growth and emerging as a bright spot of the industry.
With 15 years of experience in development, Hung Thinh Incons is a leading general contractor, participating in many large-scale construction projects in Ho Chi Minh City and other provinces and cities. Hung Thinh Incons possesses strong capacity with over 23 completed projects with construction value of about VND 12,200 billion. Currently, the company has been constructing nearly 20 projects in many localities with total construction contract value of VND 19,500 billion, ensuring an abundant source of work in the context of the fiercely competitive construction market.
The projects undertaken by Hung Thinh Incons always ensure construction progress, safety and quality. A team of engineers with acumen and professionalism always actively researchs and updates advanced construction techniques, applies new technologies to improve construction quality. In addition, aesthetic standards in the works are also focused, in order to bring the best products that are highly appreciated by investors and partners.
In addition, Hung Thinh Incons has affirmed its solid brand reputation thanks to always accompanying partners to create large-scale projects. In parallel with undertaking the construction of projects in the Hung Thinh Corporation's ecosystem, Hung Thinh Incons also actively expands cooperation with investors outside the Corporation as well as penetrates deeply into the field of infrastructure, thereby increasing profits and value for shareholders and investors.
A corner of Q7 Boulevard project by Hung Thinh Incons as general construction contractor (scale of 16,481 m2, including 4 blocks, 23 floors with 1,133 apartments and shophouses) completed from June 2021
Hung Thinh Incons has just completed the issuance of more than 39.6 million shares to pay dividends to shareholders at the rate of 80%, thereby increasing the current charter capital to over VND 891 billion. Generally, in the first 9 months of 2021, HTN achieved consolidated net revenue of VND 3,508 billion and profit after tax of VND 143 billion. This is a positive result in the context that many units in the industry are facing difficulties due to the prolonged impact of Covid-19 pandemic.
Richmond City project by Hung Thinh Incons as general construction contractor (scale of 15,427 m2, including 3 blocks, 25 floors with 1,210 apartments and shophouses) was completed and handed over to customers from February 2020.