Hoa Binh Corp has surpassed Coteccons tỷ lệ cá cược bóng đá anh all aspects, becoming the largest contractor tỷ lệ cá cược bóng đá anh Vietnam
News
Hoa Binh has surpassed Coteccons tỷ lệ cá cược bóng đá anh terms of revenue, profit, and market capitalization.

In the trading session on November 10, the share price of HBC of tỷ lệ cá cược bóng đá Joint Stock Company increased to the ceiling price, reaching 23,700 VND/share, thereby increasing the market capitalization of this construction contractor to 5,745 billion VND. Meanwhile, the market capitalization of Coteccons Construction Joint Stock Company is about 5,500 billion VND. Thus, after decades of dominating the construction industry, Coteccons has officially been surpassed by Hoa Binh and is no longer the largest construction enterprise in Vietnam.

Market capitalization is the final barrier for Hoa Binh Corp to surpass Coteccons and become the largest contractor. Previously, Hoa Binh surpassed Coteccons tỷ lệ cá cược bóng đá anh both revenue and profit tỷ lệ cá cược bóng đá anh the last 2 quarters.
Specifically, Hoa Binh's revenue tỷ lệ cá cược bóng đá anh the second and third quarters was VND3,179 billion and VND2,092 billion, respectively, 1.5-2 times higher than Coteccons's 2,550 billion and 1,070 billion VND. Notably, despite being affected by social distancing, the decrease tỷ lệ cá cược bóng đá anh revenue and profit of Hoa Binh was much lower than that of Coteccons. This result makes Coteccons' revenue now only 1/2 of that of competitors.

As for profit, Hoa Binh reported a pre-tax profit of VND77 billion tỷ lệ cá cược bóng đá anh Q2, 5 times higher than Coteccons. tỷ lệ cá cược bóng đá anh the third quarter, both profits decreased, but Hoa Binh still had a profit of 15 billion dong, while Coteccons suffered a loss of 12 billion dong. This is the first time since Coteccons was listed on the stock exchange that it had to report a loss.

Looking at the "usurpation" of Hoa Binh's capitalization value, it can be seen that the cause comes from both sides. While Coteccons' capitalization was flat and falling, Hoa Binh increased sharply. The dizzying decline of Coteccons occurred right after the company parted with its founding leaders, such as Chairman Nguyen Ba Duong, General Director Nguyen Sy Cong, and many other key officials. The reason given by the new leadership was "conflict of interest".
An interesting coincidence is that tỷ lệ cá cược bóng đá anh 2020, Hoa Binh also changed senior personnel, namely the position of General Director. However, the story tỷ lệ cá cược bóng đá anh Hoa Binh is continuation - generational transfer, when Chairman Le Viet Hai left the CEO position to "pass the throne" to his son Le Viet Hieu after 3 decades of building the company, tỷ lệ cá cược bóng đá anh contrast with the context of the "war of kings" like tỷ lệ cá cược bóng đá anh Coteccons
Together with a new General Director, but from the beginning of 2021 until now, while Hoa Binh's capitalization increased by 1,600 billion VND, Coteccons' capitalization decreased by 400 billion VND.
Talking about handing over management rights to his son, Mr. Le Viet Hai once said that this is the time when Hoa Binh has to restructure, the pandemic makes all activities of the company need to be rearranged and systematized to strengthen potential, prepare to enter a new stage of development - investment tỷ lệ cá cược bóng đá anh foreign markets. Mr. Hai said that the company had a clear management system and cultural foundation as a premise for the transfer. tỷ lệ cá cược bóng đá anh the coming period, with the strategy of expanding abroad, Mr. Hai assessed that it will be full of difficulties and challenges, requiring youth, methodical and dynamic knowledge.
tỷ lệ cá cược bóng đá anh a recent meeting, Hoa Binh leadership said that the construction sector could recover from 2022 or earlier tỷ lệ cá cược bóng đá anh the second half of 2021 due to the Government's policies to support the housing market.
According to Cafebiz.vn
See details
Related news
CEO Le Viet Hai brings “Declaration of...
From a small construction office, after 30 years, Hoa Binh (HBC) has become a leading construction corporation tỷ lệ cá cược bóng đá anh...
Hoa Binh won the title of National Brand of...
On November 2, 2022, at the National Convention Center, Hanoi, tỷ lệ cá cược bóng đá continued to be honored with...
After decades of being overwhelmed by Coteccons,...
tỷ lệ cá cược bóng đá anh 2021, the economy tỷ lệ cá cược bóng đá anh general as well as the construction industry tỷ lệ cá cược bóng đá anh particular continues to witness a rebound and...


