Thang Long JSC
HHNX:TTL8,300.00
VND
0.00
(0.00%)
ISIN
VN000000TTL1
Return %
Stock
S&P 500
1Y
2.47
14.20
3Y
-9.78
81.12
5Y
-5.68
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Ha Viet Nguyen
- Full Time Employees
- 306
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Ha Noi Vietnam
- IPO Date
- Jan 18, 2018
- Website
- tlg.com.vn
- Similar Companies
- Business
- Thang Long Joint Stock Corporation (HNX:TTL) is a Vietnam-based infrastructure construction and engineering company specializing in the development of transport infrastructure, civil engineering, and building materials. Originally established on July 6, 1973, as the Thang Long Bridge Complex Enterprise to execute the landmark Thang Long Bridge project, the company underwent equitization in 2014 and is headquartered in Hanoi, Vietnam. The corporation operates as a major transport contractor across Vietnam, with TNG Investment and Construction Joint Stock Company serving as its primary controlling shareholder. The company operates through four core business segments: Infrastructure Construction and Engineering, Building Materials Manufacturing, Mechanical and Equipment Rental Services, and Real Estate and Project Investment. Its primary products and services include the construction and engineering of large-scale road and railway bridges, cable-stayed bridges, and overpasses; the construction of expressways, national highways, and urban transport networks; the development of airport runways, taxiways, aprons, and seaport marine facilities; foundation engineering, underground works, and ground improvement; the production and distribution of ready-mix concrete, precast concrete girders, hollow-core slabs, concrete pipes, and prefabricated steel structural components; project management, surveying, geological testing, and engineering consultancy; and the leasing and maintenance of heavy construction machinery, specialized piling rigs, and transport equipment. Thang Long Joint Stock Corporation caters predominantly to public sector entities, including the Ministry of Transport, regional project management boards, municipal infrastructure authorities, and industrial zone developers. The company executes projects across all major economic regions of Vietnam, including the Northern Delta, the Central Coastal region, and the Southern Economic Hub. In recent corporate developments, the State Capital Investment Corporation (SCIC) completed the full divestment of its 25.09% state-owned equity stake in Thang Long Joint Stock Corporation via a public auction in late 2024, concluding the company's complete transition into a private-sector-controlled enterprise and prompting a comprehensive reorganization of its board and executive leadership. Operationally, the company has secured major construction contracts for national transport initiatives, including package XL01 of the Chi Thanh-Van Phong Expressway, package 16 for the Van Uc 2 Bridge on the Ninh Binh-Hai Phong Expressway, connecting transport infrastructure packages for Long Thanh International Airport, and expansion packages for the Ho Chi Minh City-Long Thanh-Dau Giay Expressway. Additionally, the company is executing a strategic recapitalization program to expand its capital base to support investments in build-operate-transfer (BOT) transportation assets and industrial real estate developments.