m88 cá cược trực tuyến Joint Stock Company (HoSE: GEX) has just announced its financial reports for the second quarter of 2022 with a 6-month consolidated profit before tax of VND 1,485 billion, up by 47% over the same period in 2021 and completed 57% of the full year plan in 2022.

Net revenue m88 vin link the first 6 months of 2022 reached VND 17,715 billion, profit before tax m88 vin link 6 months reached VND 1,485 billion, up 34% and 47% respectively over the same period m88 vin link 2021.

GELEX’s 6-month production and business results showed that its revenue structure shifted towards increasing the proportion of infrastructure segment and gradually balanced the proportion of revenue from production and business segments m88 vin link the group.  According to the consolidated financial reports for the first 6 months of 2022, the electrical equipment segment contributed VND 8,896 billion m88 vin link revenue, accounting for 49% of the Group’s total net revenue; building materials contributed VND 4,503 billion, accounting for 25%; and Industrial park real estate and infrastructure contributed VND 3,381 billion, accounting for 20%; electricity and water production and business contributed VND 784 billion, accounting for 4.5% and other revenue reached VND 110 billion, accounting for 1.5% of the Group’s total net revenue. With this shift m88 vin link revenue structure, GELEX has implemented quite well its multi-industry strategy, limiting the risk of decline when depending on a few markets.

m88 vin link the first 6 months of 2022, the electrical equipment segment contributed VND 8,896 billion m88 vin link revenue, accounting for 49% of the Group’s total net revenue.

m88 vin link terms of gross profit, m88 vin link the first 6 months, GELEX achieved VND 3,821 billion m88 vin link gross profit, and gross profit margin reached 21.57%. With the stable operation of electrical equipment, this result came from an increase m88 vin link the proportion of revenue and gross profit margin of the segments of building materials, real estate and electricity and water production and business.

m88 vin link the second quarter and first six months of the year, although the net revenue and gross profit both increased, with general adverse effects from fluctuations m88 vin link major markets around the world and macroeconomic factors such as inflation, exchange rate, interest rate, etc.,; the costs of the whole system increased compared to the same period m88 vin link 2021. Financial expenses m88 vin link the second quarter increased due to the increase m88 vin link exchange rate differences, payment discounts and interest cost, LC fees & deferred purchase interest, and provisions for devaluation of trading securities. Selling expenses and administrative expenses also recorded an surge compared to the same period m88 vin link 2021. Therefore, accumulated m88 vin link the first 6 months of the year, GELEX’s consolidated profit before tax recorded VND 1,485 billion. Excluding CIT, net profit of the unit reached VND 1,085 billion.

m88 vin link 2022, GELEX expected to reach VND 36,000 billion m88 vin link revenue and VND 2,618 billion m88 vin link consolidated profit before tax, which was a high growth rate of 26% and 27% respectively compared to the implementation m88 vin link 2021. Hence, at the end of 6 months, GELEX completed 49% of the revenue target and 57% of the profit before tax target for the whole year.

m88 vin link the next phase, for industrial production, GELEX continued to focus on improving business performance, expanding markets and maintaining its position as the leading unit m88 vin link the segment of electrical equipment, at the same time expanding investment m88 vin link electricity trading activities. m88 vin link the segment of infrastructure, through its member units, GELEX focused on investing m88 vin link industrial parks real estate and social housing, clean energy projects, water production and business, building materials, etc., continued to implement projects on schedule while increasing efficiency from project operation and exploitation m88 vin link order to create a stable and solid revenue source m88 vin link the long term.