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FECON Corporation operates as an infrastructure construction and development company in Vietnam. The company engages in the construction of industrial and urban infrastructure, bridges, roads, railways, airports, waterworks, and climate-resilient hydraulic infrastructure; pile supply and piling works, bored pile and d-wall construction, soil improvement, and basement and sub-structures construction; and underground construction, including TBM and pipe jacking construction, waterproofing, deep excavation, and construction and operation monitoring services. It also provides heavy industrial construction services, such as thermal power plants, industrial parks, and manufacturing complexes; wind and solar power plants; and civil and light industrial construction. In addition, the company invests in road and highway, port, railway, and bridge projects; solar, wind, hydro power, and LNG combined infrastructure; and industrial park and urban development activities. The company was formerly known as FECON Foundation Engineering and Underground Construction Joint Stock Company and changed its name to FECON Corporation in May 2016. FECON Corporation was founded in 2004 and is based in Hanoi, Vietnam.

Fecon Foundation Engineering and Underground Construction JSC

	2021	2022	2023	2024	2025	TTM
Revenue
Total revenue	3,484,219.4	3,045,529.7	2,879,567	3,374,697.4	4,862,723.6	7,070,264.1
COGS	3,014,507	2,689,278.2	2,394,328.1	2,933,955.1	4,159,802.1	6,141,796.1
Gross Profit	469,712.4	356,251.5	485,238.9	440,742.2	702,921.5	928,468
Operating Expenses & Income
Operating Income	263,024.5	129,560.5	262,682.7	209,974.4	409,330.7	522,577.6
Total Operating Expenses	3,221,194.9	2,915,969.2	2,616,884.3	3,164,723	4,453,392.9	6,547,686.6
R&D Expenses	-	-	-	-	-	-
Selling General & Admin Expenses	47,744.5	73,072.4	66,879.6	60,660.3	105,718.3	353,979.5
Earnings from Continuing Operations
Interest Expense	(145,670.8)	(212,398.5)	(260,054.7)	(214,733)	(270,804)	(336,350.4)
Interest Income	8,571.6	13,402	15,973.7	70,093.4	40,495.5	89,961.6
Income Tax Expense	39,036	26,081.7	-	-	-	-
Net Income
Net Income	68,374.4	39,609	(32,096.3)	9,269	31,587	93,211.7
Supplemental
EBIT	244,373.6	114,227.3	-	-	-	-
EBITDA	351,983.8	445,028.2	-	-	-	-