On 22 January 2026, GELEX Electric Joint Stock Company (GELEX Electric – stock code: GEE) announced its 2025 business performance, recording a number of growth indicators that exceeded expectations.

According to the report, in 2025, GELEX Electric achieved consolidated net revenue of VND 25,463 billion, representing an increase of 20.5% year-on-year. Profit before tax for the full year reached VND 4,246 billion, nearly doubling compared to the previous year, equivalent to a 97.2% increase.

With these results, GELEX Electric fulfilled 107% of its revenue plan and exceeded the annual profit target by 21%, as approved by the General Meeting of Shareholders.

Consolidated business performance of GELEX Electric in recent years.

The positive consolidated business performance in recent years has been driven largely by key subsidiaries such as CADIVI, THIBIDI, EMIC, and CFT, supported by the Group’s consistent focus on its core business segments, flexible sales policies, and strengthened investment in research and development.

Alongside its traditional product lines, in 2025 GELEX Electric also accelerated the development of products aligned with trends in urbanization, power grid modernization, and security monitoring. This is considered a strategic move to increase technological content, enhance value-added, and proactively capture medium- and long-term market demand.

In terms of financial position, profitability indicators and financial safety ratios continued to be maintained at positive levels. As of 31 December 2025, total assets reached VND 16,331 billion, an increase of VND 3,427 billion compared to the beginning of the year, of which cash and cash equivalents amounted to VND 1,213 billion.

Thanks to its impressive business performance, in 2025 GELEX Electric was honored for the first time as “Breakthrough Growth Enterprise of the Year” at the FChoice Awards, reaffirming the effectiveness of its strategy to focus on core business areas and optimize operations.

Entering 2026, the targeted GDP growth rate of over 10% is expected to drive strong growth in electricity demand, expanding growth opportunities for the power sector and creating favorable conditions for GELEX Electric’s high-technology industrial segment to continue maintaining sustainable growth.

PR DEPARTMENT