VNECO 8 Electricity Construction JSC

VNECO 8 Electricity Construction JSC

UUPCOM:VE8
1,800.00
VND
-300.00
(-14.29%)
No data availableFinancial data will appear here once available

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
Dieu Cong Nguyen
Sector
Industrial services
Industry
Engineering & construction
Address
Buon Ma Thuot Vietnam
IPO Date
Aug 27, 2012
Business
VNECO 8 Electricity Construction JSC is a Vietnam-based engineering and construction enterprise primarily engaged in the installation of power transmission networks, electrical substations, and civil infrastructure. Founded in 2007 following the equitization of Enterprise No. 8 under Vietnam Electricity Construction Joint Stock Corporation (VNECO), the company is headquartered in Pleiku City, Gia Lai Province, Vietnam. VNECO 8 Electricity Construction JSC operates across several core business segments, including power grid construction, civil and industrial engineering, concrete and structural manufacturing, and technical consulting. Its comprehensive portfolio of products and services comprises the construction, erection, and maintenance of high-voltage, medium-voltage, and low-voltage transmission lines up to 500kV; the installation and commissioning of electrical transformer stations and distribution substations; the fabrication and supply of pre-stressed centrifugal concrete poles, foundation components, and structural steel towers; the execution of civil, industrial, transportation, and irrigation engineering works; electrical, mechanical, and plumbing installation for commercial and residential facilities; site leveling, excavation, and foundation engineering; and construction support services for renewable energy infrastructure, including wind and solar power installations. The company primarily serves state utility agencies including Vietnam Electricity (EVN) and its regional power corporations, industrial zone developers, renewable energy project sponsors, and public sector infrastructure authorities across the Central Highlands and Central regions of Vietnam. In recent operational developments, VNECO 8 Electricity Construction JSC has executed strategic restructuring initiatives to optimize its operational overhead, streamline project execution, and enhance bidding competitiveness for regional grid modernization and renewable energy subcontracting projects. The company has also implemented significant corporate governance adjustments, including executive management reshuffles, organizational realignments to focus on core high-voltage construction activities, and capital management measures to improve liquidity and debt resolution under the oversight of its governing bodies on the UPCoM exchange.