VNECO1 Electricity Construction JSC

VNECO1 Electricity Construction JSC

HHNX:VE1
2,700.00
VND
0.00
(0.00%)
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Hiep Nhu Do
Full Time Employees
9
Sector
Industrial services
Industry
Engineering & construction
Address
Da Nang Vietnam
IPO Date
Sep 4, 2008
Business
VNECO1 Electricity Construction JSC is a Vietnam-based engineering and construction company primarily engaged in the installation, development, and maintenance of electrical power transmission networks and transformer substations. Founded in 1989 and headquartered in Da Nang, Vietnam, the company provides infrastructure construction services and industrial equipment manufacturing primarily across the Central, Highland, and Southern regions of Vietnam. The company operates through several core business segments and service categories, including electrical construction and installation services, covering high-voltage power transmission lines and transformer substations up to 500kV; civil, industrial, and infrastructure engineering, comprising the development of industrial complexes, transportation facilities, commercial properties, and residential buildings; mechanical manufacturing and processing, involving the fabrication of hot-dip galvanized steel lattice transmission towers, structural steel frameworks, pre-stressed concrete poles, and line hardware fittings; technical testing and maintenance services, offering calibration, diagnostic testing, grid commissioning, and ongoing maintenance of electrical systems; and equipment trading, encompassing the distribution of power cables, transformers, switchgear, industrial machinery, and electrical construction materials. In recent operational developments, VNECO1 Electricity Construction JSC has undertaken strategic business adjustments to capture infrastructure demand driven by Vietnam's National Power Development Plan VIII, expanding its bidding focus on renewable energy grid integration and major high-voltage transmission line projects. In addition, the company has optimized its corporate governance framework, reorganized its project execution workflows to improve operational efficiency on key utility contracts, and upgraded its mechanical processing and fabrication facilities to enhance production capabilities for structural power components.