GELEX has achieved impressive business results after 10 months, with consolidated net revenue reaching VND 26,668 billion, equivalent to completing 83% of m88 cá cược thể thao trực tuyến annual revenue target. Consolidated profit before tax reached VND 2,558 billion, equivalent to 130% of m88 cá cược thể thao trực tuyến plan.

The driving force for GELEX’s recent net revenue growth has mainly come from the positive growth of the Electrical Equipment segment. Currently, this segment of m88 cá cược trực tuyến is managed by its member unit GELEX Electric (stock code GEE – HoSE). Thanks to the efforts in promoting and enhancing production and sales capacity, modernizing technology, and applying advanced management software, the company’s business performance has shown increasingly positive results. In addition, the expansion of new markets and export markets for electrical equipment products also recorded positive results.

Not only does m88 cá cược thể thao trực tuyến company produce electrical equipment in an environmentally friendly and sustainable way, but its divisions are also collaborating on research and development of new high-tech products. Early results have been promising, especially in fire prevention, security, and surveillance equipment.

Next, m88 cá cược thể thao trực tuyến Industrial Park and Real Estate segment, through its subsidiary Viglacera, is actively attracting quality investment capital. In m88 cá cược thể thao trực tuyến past year, Viglacera has 2 newly licensed industrial parks (IPs), with one of them announced to develop according to green and smart criteria. Many other industrial parks are in m88 cá cược thể thao trực tuyến process of “starting up”, striving to have 10 new industrial parks with an additional area of ​​2,000 to 3,000 hectares in potential locations by 2025.

Attracting FDI capital into Viglacera’s industrial parks has grown steadily, although Viglacera has chosen a very challenging direction, which is to promote sustainable development for ecosystem and environment. By m88 cá cược thể thao trực tuyến end of 2023, a total of USD 16 billion had been attracted to Viglacera’s industrial parks. As of now, this figure has risen to USD 18 billion. m88 cá cược thể thao trực tuyến new trend of investment capital poured into Viglacera’s industrial parks is characterized by high-quality capital sources, coming from enterprises considered “tech giants” in m88 cá cược thể thao trực tuyến segments of electronics and high technology.

Another attractive factor comes from m88 cá cược thể thao trực tuyến housing fund for employees and experts in industrial parks. m88 cá cược thể thao trực tuyến total area of ​​this type of housing will be invested by Viglacera up to nearly 190ha, approximately 6,700 apartments, invested synchronously with other facilities such as sports fields, flower gardens, kindergartens, medical stations, etc

A recent announcement from VIS Rating – a credit rating organization according to Moody’s standards, assessed GEX’s scale at “very strong”, reflecting its deep and solid presence in m88 cá cược thể thao trực tuyến market in core business segments, m88 cá cược thể thao trực tuyến diversity of products to serve market demand and m88 cá cược thể thao trực tuyến ability to maintain good relationships with suppliers and financial institutions.

VIS Rating also rated GELEX’s long-term issuer credit rating at A with a stable prospect. This is m88 cá cược thể thao trực tuyến first time VIS Rating has ranked GELEX.

Previously, Vietnam Report also announced that GELEX was in m88 cá cược thể thao trực tuyến Top 50 Most Profitable Enterprises in Vietnam 2024 for m88 cá cược thể thao trực tuyến 5th consecutive time. m88 cá cược thể thao trực tuyến company received m88 cá cược thể thao trực tuyến award for maintaining stable and sustainable business performance in m88 cá cược thể thao trực tuyến 2023-2024 period.

Additionally, GELEX was honored to be listed in m88 cá cược thể thao trực tuyến “TOP 100 Most Valuable Brands in Vietnam 2024” by Brand Finance and is among m88 cá cược thể thao trực tuyến top 10 brands with m88 cá cược thể thao trực tuyến largest brand value growth rate in 2024, with an impressive 55% increase.