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FAST ENTERPRISE CATEGORY

Hung Thinh Incons Joint Stock Company

Information about the Company
Established in 2007, Hung Thinh Incons (HTN) is a member company of Hung Thinh Corporation and has been listed on the Ho Chi Minh Stock Exchange (HOSE) in 2018 with the stock code: HTN. HTN is a general contractor for construction and execution. It was founded with the long-term strategic vision of Hung Thinh Corporation leader with the desire of bringing comprehensive quality-controlled products at reasonable prices. HTN has been executing many large-scale projects with the orientation of technology application and development in the construction field. With the commitment to put quality and progress as top priorities, HTN is highly valued by investors and aims to become one of the major players in the construction industry of Vietnam.

HTN’s vision is to develop HTN into the top construction company in Vietnam, while its mission is “For customers, HTN commits to completing projects on schedule, ensuring both technical and aesthetic standards along with high safe quality”. HTN operates with core values of always caring about the benefits of customers and partners first, creating quality based on standards, and building the brand value through prestige and quality.

Innovative Corporate Culture & Growth Initiatives
Despite the heavy impact of the COVID-19 pandemic in the two years 2020-2021, HTN still maintains an impressive growth momentum. The company's profit after tax reached VND241 billion, and the total winning value was nearly VND30,000 billion. The scale of operation of HTN also expands when the company's capitalization reaches up to 4,000 billion dongs, reaching the Top 3 capitalized construction enterprises on HOSE.

With an increasing list of construction projects, members of Hung Thinh Corporation implemented the HTN 2.0 strategy to strengthen internal resources to meet market demand. The total accumulated contract value of listed construction companies is estimated at VND25,000 billion by the end of 2021.

This potential can be shown in an estimated backlog value of about VND100,000 billion in 2026, increasing four times in the next five years. According to business leaders, this plan is calculated and projected on existing projects of Hung Thinh Corporation and can deploy more new projects.

Hung Thinh Corporation strengthened its connections and comprehensive cooperation with other real estate project investors; provide package solutions from consulting development – construction, product exchange, and business management, and supported investors and partners to develop successful real estate projects with optimized resources from the ecosystem.

In particular, Hung Thinh Corporation also offers flexible payment methods and product swaps to help investors quickly recover their capital and effectively manage project cash flows. As a member of the group, HTN undertakes the planning, design, and construction stages; focuses on exploiting internal resources while in the ecosystem of Hung Thinh Corporation.
Achievements & Impact
Despite Covid-19, HTN overcame 2021 with many outstanding results. It records net revenue of VND6,164 billion, up 35% over the same period; profit after tax of 241 billion dongs, up 19% over the same period; total assets of VND7,688 billion; charter capital of VND891 billion.

As one of the enterprises operating in the construction field in Vietnam, HTN is well aware of its influence on the community and the sustainable development of society. The company understands that the success of a business will not simply be the business figures shown on the financial statements but also the outstanding, long-term values that the company has built and brought to everyone.

Future Direction
In 2022, HTN will continue to administer the construction of projects to ensure safety and achieve the set schedule, apply technological solutions to construction management to suit the new situation, and implement bidding for potential projects. The Board of Directors and all officers and employees of the company will work together for the development of HTN in particular and maintain the position of the leading enterprise in Vietnam of Hung Thinh Corporation.

FAST ENTERPRISE CATEGORY

Hung Thinh Incons Joint Stock Company

Information about the Company
Established in 2007, Hung Thinh Incons (HTN) is a member company of Hung Thinh Corporation and has been listed on the Ho Chi Minh Stock Exchange (HOSE) in 2018 with the stock code: HTN. HTN is a general contractor for construction and execution. It was founded with the long-term strategic vision of Hung Thinh Corporation leader with the desire of bringing comprehensive quality-controlled products at reasonable prices. HTN has been executing many large-scale projects with the orientation of technology application and development in the construction field. With the commitment to put quality and progress as top priorities, HTN is highly valued by investors and aims to become one of the major players in the construction industry of Vietnam.

HTN’s vision is to develop HTN into the top construction company in Vietnam, while its mission is “For customers, HTN commits to completing projects on schedule, ensuring both technical and aesthetic standards along with high safe quality”. HTN operates with core values of always caring about the benefits of customers and partners first, creating quality based on standards, and building the brand value through prestige and quality.

Innovative Corporate Culture & Growth Initiatives
Despite the heavy impact of the COVID-19 pandemic in the two years 2020-2021, HTN still maintains an impressive growth momentum. The company's profit after tax reached VND241 billion, and the total winning value was nearly VND30,000 billion. The scale of operation of HTN also expands when the company's capitalization reaches up to 4,000 billion dongs, reaching the Top 3 capitalized construction enterprises on HOSE.

With an increasing list of construction projects, members of Hung Thinh Corporation implemented the HTN 2.0 strategy to strengthen internal resources to meet market demand. The total accumulated contract value of listed construction companies is estimated at VND25,000 billion by the end of 2021.

This potential can be shown in an estimated backlog value of about VND100,000 billion in 2026, increasing four times in the next five years. According to business leaders, this plan is calculated and projected on existing projects of Hung Thinh Corporation and can deploy more new projects.

Hung Thinh Corporation strengthened its connections and comprehensive cooperation with other real estate project investors; provide package solutions from consulting development – construction, product exchange, and business management, and supported investors and partners to develop successful real estate projects with optimized resources from the ecosystem.

In particular, Hung Thinh Corporation also offers flexible payment methods and product swaps to help investors quickly recover their capital and effectively manage project cash flows. As a member of the group, HTN undertakes the planning, design, and construction stages; focuses on exploiting internal resources while in the ecosystem of Hung Thinh Corporation.
Achievements & Impact
Despite Covid-19, HTN overcame 2021 with many outstanding results. It records net revenue of VND6,164 billion, up 35% over the same period; profit after tax of 241 billion dongs, up 19% over the same period; total assets of VND7,688 billion; charter capital of VND891 billion.

As one of the enterprises operating in the construction field in Vietnam, HTN is well aware of its influence on the community and the sustainable development of society. The company understands that the success of a business will not simply be the business figures shown on the financial statements but also the outstanding, long-term values that the company has built and brought to everyone.

Future Direction
In 2022, HTN will continue to administer the construction of projects to ensure safety and achieve the set schedule, apply technological solutions to construction management to suit the new situation, and implement bidding for potential projects. The Board of Directors and all officers and employees of the company will work together for the development of HTN in particular and maintain the position of the leading enterprise in Vietnam of Hung Thinh Corporation.