MCG Energy and Real Estate Joint Stock Co
UUPCOM:MCG2,300.00
VND
-100.00
(-4.17%)
ISIN
VN000000MCG2
Return %
Stock
S&P 500
1Y
-8.00
14.20
3Y
-8.00
81.12
5Y
- -
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
- Hung Ngoc Nguyen
- Full Time Employees
- 51
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Ha Noi Vietnam
- IPO Date
- May 23, 2023
- Website
- mecojsc.vn
- Similar Companies
- Business
- MCG Energy and Real Estate Joint Stock Company is a Vietnam-based diversified enterprise engaged in renewable energy development, civil and industrial construction, mechanical engineering, real estate development, and commercial trading. Founded in 1956 and headquartered in Hanoi, Vietnam, the company was originally established as the 250A Wheel Tractor Fixing Factory before undergoing equitization and operating as Vietnam Electromechanical and Construction Joint Stock Company (MECO). The company primarily serves domestic industrial, municipal, agricultural, and commercial sectors across Vietnam through four core operational segments: Energy Development, Construction and Installation, Mechanical Engineering, and Real Estate and Commercial Trading. The company's core products and services encompass energy investment and power generation services, focusing on the development, construction, operation, and power transmission of hydroelectric and renewable energy facilities, including the Nam Hoa 1, Nam Hoa 2, Khanh Khe, and Suoi Choang hydropower plants alongside wind power projects; engineering, procurement, and construction (EPC) and installation services for major infrastructure, including civil works, industrial complexes, irrigation systems, water reservoirs, and large-scale hydroelectric plants such as Pleikrông, Sêsan 4, Đakr’tih, Hương Điền, Cửa Đạt, and Tân Mỹ; mechanical design, fabrication, and manufacturing, featuring agricultural machinery, tractors, plows, coffee processing equipment, electromechanical assemblies, and heavy metal components; real estate investment, property development, and property management services, comprising residential apartment towers, commercial office buildings, retail space, and hospitality properties, anchored by the Meco Complex mixed-use commercial and residential development in Hanoi; and commercial distribution and trading services, including the import, export, and supply of industrial equipment, electrical mechanical parts, building materials, and agricultural machinery components. In recent corporate developments, the company executed a strategic restructuring and corporate name change from Vietnam Electromechanical and Construction Joint Stock Company to MCG Energy and Real Estate Joint Stock Company to reflect its strategic alignment toward green energy generation and urban property assets. Following structural realignments, the company transitioned the trading of its shares from the Ho Chi Minh City Stock Exchange (HOSE) to the UPCoM trading system under the ticker MCG. Strategically and operationally, the company has undertaken portfolio rationalization and subsidiary adjustments, including capital reallocation and credit arrangements for key project entities such as Binh Long Renewable Energy Joint Stock Company, divestments of select mature energy assets, and treasury share transactions to optimize capital structure. Additionally, the company has focused strategic initiatives on clearing regulatory and administrative procedures across its real estate portfolio, notably the Meco Complex, while optimizing operational efficiencies at its operational hydroelectric power stations.