After 20 years of presence in the market, Phu Nhuan Construction Technology JSC (PNTECHCONS) has quickly flowered and asserted itself as a strong and prestige brand in the real estate investment and trade – civil and industrial work consultancy, design, construction. In addition, PNTECHCONS is highly appreciated through many works of high quality and artistic features, contributing to bring new look - modern yet charming to the new urban areas of Ho Chi Minh City.
In 2009, PNTECHCONS made investment under a long-term objective and strategy; at the same time it streamlined the organizational structure, screened to keep only qualified, dedicated and effective workers and staff. Apart from that, its wise and experienced leadership has also contributed to creating internal power firm driving PNTECHCONS ship to overcome all obstacles. In combination of these factors, PNTECHCONS ended the year 2009 successfully with impressive numbers. Total turnover reached 233,776 billion, a 265% increase compared to 2008; after-tax profit reaching 37,388 billion, an 165% increase compared to 2008 and paying 52% of its dividend. In 2009 was also a successful year in building brand when PNTECHCONS was recognized as "Trusted Brand 2009" Enterprise in a survey conducted by Asia Pacific Credit Rating Center and certified by NQA – The United of Kingdom.
In 2009, PNTECHCONS officially opened Phuc Loc Real Estate Exchange with main operations covering such areas as brokerage, consulting, pricing, advertising, auctions and property management.
Along with Phuc Loc Real Estate Exchange, PNTECHCONS has two other units under its direct control namely An Gia Engineering Center and Vinh Tien Construction Center. These two units has grown continuously in the areas of consultancy, engineering and construction and become two key units in PNTECHCONS’s engineering and construction projects.
According to Mr. Van Ba Tuan – PNTECHCONS President and CEO, in 2010 Vietnam's economy will continue to develop, accordingly the real estate industry will see strong breakthrough as the demand for infrastructure investment and development is very high. In order to catch this golden opportunity, PNTECHCONS will focus on promoting the combined strength of its new apparatus, putting into operation projects and works invested by the Company itself or a part of joint venture in an effective way.
Mr. Tuan also added, in 2010 PNTECHCONS would consider selecting appropriate investment segment and location, combining short-term and long-term investments on each project along with strong development of such services as construction, engineering and real estate exchange. The company sets the 2010 target of revenue and after-tax profit of 258 billion and 25.8 billion respectively to ensure annual growth rate above 10%, increasing its chartered capital to 80 billion and putting the Company shares to be officially traded on the Stock Exchange in 2012.
Ngoc Hien
Vietnamese
