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  • CONSTRUCTION CORPORATION No. 1 - Joint Stock Company (CC1) ORGANIZES A PRELIMINARY CONFERENCE ON BUSINESS ACTIVITIES IN THE FIRST 6 MONTHS OF THE YEAR AND IMPLEMENTS BUSINESS PLAN FOR THE LAST 6 MONTHS OF 2023

CONSTRUCTION CORPORATION No. 1 - Joint Stock Company (CC1) ORGANIZES A PRELIMINARY CONFERENCE ON BUSINESS ACTIVITIES IN THE FIRST 6 MONTHS OF THE YEAR AND IMPLEMENTS BUSINESS PLAN FOR THE LAST 6 MONTHS OF 2023

August 19, 2023

On the morning of August 12, 2023, at the Radisson Blu Resort Cam Ranh Convention Center, Construction Corporation No. 1 - Joint Stock Company (CC1) successfully organized a Conference summarizing business activities in the first 6 months of the year and implementing Declare business plan for the last 6 months of 2023.

According to annual practice, the end of the first 6 months of the year is the time when CC1 evaluates business performance in all fields. This is not only an opportunity for CC1 to recognize the efforts of all employees over the past 6 months but also a milestone for CC1 collective to unanimously and decisively act to continue the "race" for Quarter III and Quarter IV, conquer big goals by the end of 2023.

Attending the Conference, there was the presence of Mr. Nguyen Van Huan - Chairman of the Board of Directors; Mr. Le Bao Anh - General Director - Vice Chairman of the Board of Directors with the participation of more than 80 management level personnel at CC1.

Within the framework of the Conference, the Project Director and Department Heads reported achievements and limitations in the first and second quarters of 2023, and proposed many new solutions to improve and optimize efficiency. work results.

Mr. La Thai Hiep - Deputy General Director in charge of Finance presented a report on business activities for the first 6 months of the year, key tasks and solutions at the end of 2023.

Looking back at the first 6 months of 2023, with the right decisions and directions of the Corporation's Board of Directors and the enthusiasm and efforts of the staff, up to now, CC1 has achieved many successes. proud achievement. Specifically, in Quarter I and Quarter II, CC1 recorded net revenue from sales and service provision reaching VND 545.80 billion and VND 1,236.07 billion, respectively. Accordingly, gross profit had a prosperous growth when it reached 54.19 billion VND in the first quarter and increased to 108.82 billion VND in the second quarter.

Consolidated financial statements of Construction Corporation No. 1 - Joint Stock Company (CC1).

Besides, in order to meet the growth rate of revenue and number of existing projects, CC1 focuses on human resource development in both quantity and quality. In the first 6 months of the year, the personnel ratio increased by 20% compared to the same period. CC1 is carefully preparing improvement and training activities to develop and upgrade the team. All functional departments/divisions of CC1 are also promoted to develop and increase human resources to focus on further expanding business activities in 2023 and the following years.

This is a positive sign that CC1 is always steadfast in the difficult, challenging and risky context of the construction market. At the same time, this result is also the motivation for CC1 to continue to make breakthroughs, determined to complete the revenue target set for 2023, bringing high quality projects, affirming its position and reputation as number 1 in the world. construction market in Vietnam.

Members of the Board of Directors and management of CC1 commit to action for the goal in the last 6 months of 2023.

Concluding at the Conference, Mr. Le Bao Anh - General Director - Vice Chairman of the Board of Directors highly appreciated the proactive spirit and responsible efforts of the project management boards, staff and workers in the system with many results. proud result. The General Director emphasized: “ In the last 6 months of 2023, in addition to newly awarded projects such as: Terminal T3 - Tan Son Nhat International Airport; Khanh Hoa - Buon Ma Thuot expressway; Bien Hoa - Vung Tau Expressway;...CC1 needs to be highly focused to effectively and successfully implement each goal in other key national construction projects such as: North-South Expressway Project, section Quy Nhon – Chi Thanh and Chi Thanh – Van Phong; Quang Trach 1 Thermal Power Plant (1200MW); Vung Ang Thermal Power Plant (1200 MW); Van Phong 1 BOT Thermal Power Plant (1320 MW); Dak Nong Provincial General Hospital Project Cluster - City Central Square. Gia Nghia (Dak Nong); Phu Tho circus and multi-purpose performance (HCM) along with other industrial, civil, traffic infrastructure and technical projects. At the same time, ensure the progress of the foundation and basement of Terminal T3 as well as the Expressway Packages on the Can Tho - Ca Mau route. This is the "ripe" time for CC1 to affirm its position and "take off" to achieve its long-term strategic goals."

Mr. Le Bao Anh - General Director - Vice Chairman of the Board of Directors of Construction Corporation No. 1 - Joint Stock Company spoke at the Conference.

Closing the Conference, Department representatives committed to a clear and specific roadmap; Maximize the team's capacity, along with improving and upgrading processes and quality in each work item and project.

CC1 Team at the Conference summarizing business activities in the first 6 months of the year & implementing business plans for the last 6 months of the year 2023.