With nearly VND 2.9 trillion contributed to the state budget in 2025, GELEX ranked 21st among Vietnam’s 100 largest private taxpayers, according to the 2026 PRIVATE 100 ranking published by CafeF.

PRIVATE 100 is part of the VNTAX – Vietnam Largest Taxpayers system, which recognises companies making significant contributions to Vietnam’s state budget based on their actual tax payments during the 2025 financial year.

In 2026, the 100 companies on the PRIVATE 100 list contributed a combined VND 390.7 trillion, equivalent to 14.7% of Vietnam’s total state budget revenue in 2025. This was around 60% higher than the previous year, highlighting the growing contribution of the private sector to the country’s economic development.

GELEX’s 21st-place ranking reflects the scale of its operations and the economic value generated across the Group’s businesses.

In 2025, GELEX recorded consolidated net revenue of VND 39.519 trillion, up 17.1% year on year, while profit before tax reached VND 4.636 trillion, up 28.3% and the highest level in the Group’s history. Its core businesses – including electrical equipment, building materials, industrial parks, real estate and infrastructure utilities – continued to deliver positive growth.

Alongside business performance, GELEX regards compliance with the law and fulfilling its obligations to the State as an important part of its responsibility to stakeholders. In its 2025 Annual Report, the Group identified “fulfilling obligations to the State” as one of its commitments to the Government and relevant ministries and authorities.

For GELEX, revenue, profit and asset growth are not the only measures of progress. Development also means creating jobs, supporting essential industries, fulfilling tax obligations and contributing to the communities in which the Group operates.

The nearly VND 2.9 trillion contributed to the state budget in 2025 is therefore more than a figure in a ranking. It represents part of the value created through the day-to-day operations of GELEX and its businesses – value that ultimately contributes to the wider economy and society.

Behind that figure are the efforts of GELEX’s member companies and its people to improve performance, uphold compliance and transparency, and take responsibility for the work they do every day.

Being recognized among Vietnam’s largest private taxpayers is both a milestone and a motivation for GELEX to continue pursuing efficient, sustainable growth – creating value for the Group, its shareholders, partners and employees, while making a positive contribution to the country’s development.

PR DEPARTMENT