Latest news
GELEX contributed VND 300 million to Vietnam Children’s Fund
Accompanying the 15th “Spring for Children” program of the Vietnam Children’s Fund, GELEX contributed VND 300 million to help millions of Vietnamese children have a better life. On the evening of January 9, 2022, at the Hanoi Opera House, the Sponsoring Council of the Vietnam Children’s Fund (Ministry of...
GELEX Electric Equipment Joint Stock Company officially became a Public company
Pursuant to Official Dispatch No. 8885/UBCK-GSDC dated 24 December 2021 of the State Securities Commission (SSC) on application for public company registration of Gelex Electric Equipment Joint Stock Company, it is a pleasure to announce that GELEX Electric Equipment Joint Stock Company officially became a public company as follows:...
Warning of Cryptocurrency scam
Dear Sir/Madam, In recent times, GELEX has received feedback from some individuals about online scams inviting/persuading them to use the virtual currency investment app named BITTREX, which used the GELEX logo and images of the Company’s seal and signature to forge GELEX’s indemnity insurance commitment for investors investing in...
GELEX changed its company name toward its goal of becoming a Multi-industry economic group
The Annual General Meeting of Shareholders 2021 of Vietnam Electrical Equipment Joint Stock Corporation (Gelex) took place on the morning of 18 June 2021 in the form of an online meeting and electronic voting. The General Meeting of Shareholders (GMS) approved the production and business outcomes in 2020 and...
Gelex – responsibility to the community, employees and shareholders in the prevention of Covid-19
Vietnam Electrical Equipment Joint Stock Corporation donated VND 5 billion for epidemic prevention in the context of the complicated development of the Covid-19 epidemic in Vietnam. As an enterprise operating under the Holdings model, in which the production of electrical equipment and investment in the power generation development from...
Gross profit margin surged, Gelex reported a profit of nearly VND 900 billion PBT in 9 months
The good improvement in gross profit margin from 15.38% in the first 9 months of 2018 to 18.38% in the first 9 months of 2019, which helped Gelex get a high source of gross profit. Vietnam Electrical Equipment Joint Stock Corporation (Gelex-Ticker Symbol: GEX) had announced its consolidated financial...
New update on Gelex’s financial activities in 4th Quater of 2019
Power generation is a strategic investment area of Gelex with focusing on renewable energy. GELEX is currently considering financing solutions including a guaranteed VND bond issuance to fund the group’s investments in its renewable energy sector.
GELEX reported a profit of VND 302 billion in the second quarter, an increase of 85% over the same period
Vietnam Electrical Equipment Joint Stock Corporation (GELEX– Ticker Symbol: GEX) announced its financial statements for the second quarter and the first six months of 2019. All business segments achieved high growth over the same period Particularly in the second quarter of 2019, GELEX’s total net revenue increased by 19.5%...
Gelex Electric introduced 3 lines of environmentally friendly electrical cables
Gelex Electric introduced 3 lines of environmentally friendly electrical cables. Gelex Electric participated in the 12th International Exhibition on Electrical Technology and Equipment (Vietnam ETE 2019) and the 9th International Exhibition on Green Energy-saving Technology and Products (Enrtec Expo 2019) as a leading enterprise in this segment, continued to...
Gelex Annual General Meeting: Expected to provide a synchronous solution for industrial park real estate tenants, revealing a profit of VND 214 billion in Q1
This morning, April 19, Vietnam Electrical Equipment Corporation (Gelex – Ticker Symbol: GEX) held the 2019 Annual General Meeting of Shareholders at Melia Hanoi Hotel. At 8:30 am, there were 44 shareholders representing 307,569,909 shares, equivalent to 75.65% of the total number of outstanding voting shares of the company...
Gelex planned a profit of VND 1,380 billion in 2019, continued to expand into the segment of Industrial Park real estate
Gelex was in the process of strong restructuring Vietnam Electrical Equipment Corporation (Gelex – Ticker Symbol: GEX) ended 2018 with many impressive numbers after a year of implementing a series of restructuring activities. From an enterprise operating in managing many subsidiaries, Gelex was advocating for restructuring, bringing all business...
The People’s Committee of Quang Tri province had just made a decision on investment policy for a wind power project with a total capital of about VND 5,240 billion.
Specifically, the People’s Committee of Quang Tri province approved for Dien Gio Huong Phung Company Limited to invest in Huong Phung 3 Wind Power Plant with a designed capacity of 30 MW. The project had a total investment of over VND 1,580 billion, using nearly 9 hectares of land...