strong business results, successfully completing its full-year profit target ahead of schedule.

 

According to m88 link mới company’s recently released financial report, GELEX Electric recorded consolidated net revenue of over VND 6,444 billion in Q3 2025, up 14.7% year-on-year. Of this, sales of finished products accounted for 97%, reaching VND 6,246 billion, a 15% increase compared to m88 link mới same period last year.

Consolidated pre-tax profit for Q3 2025 reached VND 2,202 billion, representing an impressive 317% increase year-on-year. This growth was driven by m88 link mới strong performance of core business segments, tighter cost management and production efficiency, which helped improve m88 link mới gross profit margin, along with additional contributions from investment restructuring.

For m88 link mới first nine months of 2025, GELEX Electric achieved VND 18,235 billion in revenue, up 25% from m88 link mới same period in 2024, and VND 3,532 billion in pre-tax profit, an increase of 162%. m88 link mới pre-tax profit from core business operations reached VND 2,059 billion, up 93% compared to VND 1,067 billion in m88 link mới same period last year.

As of m88 link mới end of Q3 2025, m88 link mới company had fulfilled 76.6% of its annual revenue plan and exceeded its full-year pre-tax profit target, reaching 101% of m88 link mới plan.

GELEX Electric currently owns 9 subsidiaries, providing a comprehensive range of products across m88 link mới entire electricity value chain, from transmission to distribution and household applications.

m88 link mới positive results were largely driven by key subsidiaries such as CADIVI (electric cables), THIBIDI (transformers), and EMIC (electric meters). These companies have maintained a strong focus on core business areas, adapted sales policies to market dynamics, and accelerated R&D for new products. Cost optimization and m88 link mới integration of technology in management, operations, and production have also contributed to improved efficiency.

As of September 30, 2025, GELEX Electric’s total assets reached VND 15,141 billion, up 17% from m88 link mới beginning of m88 link mới year, mainly due to a 49% increase in current assets. Cash and cash equivalents stood at VND 835 billion, up 21%.

Financial indicators such as m88 link mới debt ratio and debt-to-equity ratio remained at safe levels, consistent with previous periods. m88 link mới company’s strong operational and management performance continues to reinforce investor confidence in GELEX Electric.

Looking ahead, m88 link mới company is guiding its subsidiaries to accelerate production of high value-added, environmentally friendly electrical equipment to serve smart grid development, and to pursue R&D collaborations for advanced products such as flame-retardant cables, fire protection materials, and security and monitoring devices.

PR DEPARTMENT