Latest news
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...
GELEX (GEX) reported a profit before tax of VND1,534 billion, up by 34% compared to 2017
Gelex’s full-year revenue of 2018 reached VND 13,699 billion, which was also the highest revenue of the company had ever achieved so far. A surge after restructuring Vietnam Electrical Equipment Joint Stock Corporation (Gelex – Ticker Symbol: GEX) announced its consolidated financial statements for the fourth quarter of 2018...
GELEX received 3 National Brand titles at once
On the evening of December 20, at the Hanoi Opera House, 97 businesses with products that achieved the National Brand were honored by the National Brand Council. Among them were the Vietnam Electrical Equipment Joint Stock Corporation and 2 member units. This was the only corporation with up to...
GELEX heading towards the modern management model
In the last three years, Vietnam Electrical Equipment Joint Stock Corporation (Gelex) has made a breakthrough and flourished, becoming “big” on the HOSE and quickly entering the list of businesses with trillions in profit. Although officially listed at the beginning of 2018, Gelex had earned recognition as one of...
GELEX Sports Festival
Taking place in two days from 20 to 21 October 2018 in Ho Chi Minh City, the Sports Festival of Vietnam Electrical Equipment Joint Stock Corporation GELEX was a monumental event with the participation of more than 300 athletes from 14 subsidiaries, competing in 5 sports that employees had...