GELEX Group JSC (HoSE: GEX) reported pre-tax profit of VND 4.636 trillion in 2025, the highest level in the Group’s history.

According to its newly released financial statements, GELEX recorded consolidated net revenue of VND 39.519 trillion in 2025, up 17.1% year-on-year. The electrical equipment segment remained the core growth driver, generating VND 25.052 trillion in revenue, an increase of 21% compared to 2024 and accounting for 63.4% of total revenue.

Other business segments also posted positive results. Construction materials recorded revenue of VND 8.464 trillion, up 10%. The industrial park infrastructure and real estate segment reached VND 4.561 trillion, marking a 9.8% increase, while the utilities infrastructure segment generated VND 1.299 trillion, up 13.2%.

After deducting expenses, GELEX’s pre-tax profit reached VND 4.636 trillion, representing a 28.3% increase year-on-year. Gross profit margin improved further to 21.3%, compared to 20% in 2024.

EBITDA rose to VND 8.346 trillion, up 25.2%, contributing to stronger debt service indicators, even as the Group’s borrowings expanded to support several large-scale projects approaching their final implementation stages.

Kết quả kinh doanh của GELEX giai đoạn 2021-2025.

For 2025, GELEX had set targets of VND 37.600 trillion in revenue and VND 3.041 trillion in pre-tax profit. With actual results, the Group exceeded its revenue target by more than 5% and surpassed its profit target by 52%, demonstrating performance well above the planned expectations.

As of 31 December 2025, GELEX’s total assets stood at VND 73.557 trillion, up 36.8% compared to the beginning of the year. Cash and cash equivalents reached VND 8.660 trillion, more than doubling year-on-year, reflecting strengthened financial capacity. Key financial safety and liquidity indicators continued to improve.

The year 2025 marked an important milestone in GELEX’s 35-year development journey. Member companies such as GELEX Electric achieved strong growth, GELEX Infrastructure successfully completed its IPO and moved toward listing on the Ho Chi Minh Stock Exchange, while multiple key projects were rolled out. During the year, GELEX also successfully raised USD 79 million in international capital, prepared its financial statements under IFRS for the first time, and implemented a wide range of initiatives in digital transformation and corporate culture.

Beyond business performance, GELEX continued to affirm its commitment to social responsibility. The renovation project of the A9 Emergency Center and the Stroke Center at Bach Mai Hospital was awarded the Human Act Prize 2025, recognizing the Group’s sustained efforts for the community and the human values it pursues.

PR DEPARTMENT