The positive business outcomes of m88 cá cược trực tuyến in 2022 are attributed to the contribution of core segments and growth from the Group’s investment and business segments.

GELEX’s consolidated net revenue m88 cá cược trực tuyến vaobong 9999 2022 reached VND 32,090 billion

According to newly announced GELEX information, m88 cá cược trực tuyến vaobong 9999 2022, the Group’s consolidated net revenue reached VND 32,090 billion, up by 12% compared to the same period m88 cá cược trực tuyến vaobong 9999 2021 and reached 89% of the established plan.

GELEX’s 2022 gross profit reached VND 6,458 billion, up by 48%. Gross profit margin also increased to 20% compared to 15% m88 cá cược trực tuyến vaobong 9999 the same period last year. Profit before tax of 2022 reached VND 2,093 billion, up by 2% compared to 2021 and reached 80% of the 2022 plan set out by the Group.

m88 cá cược trực tuyến vaobong 9999 the revenue structure of GELEX m88 cá cược trực tuyến vaobong 9999 2022, there was a more balanced contribution among the segments, reducing dependence on the electrical equipment segment compared to the same period m88 cá cược trực tuyến vaobong 9999 2021 due to the consolidation of Viglacera from the second quarter of 2021 and other segments such as industrial park, real estate, building materials, and energy which had good growth m88 cá cược trực tuyến vaobong 9999 2022.

As of December 31st, 2022, GELEX’s total assets were VND 52,401 billion, down 14% compared to 2021, mainly reducing short-term assets because GELEX actively reduced inventory, short-term receivables and short-term financial investments.

m88 cá cược trực tuyến vaobong 9999 order to actively deal with fluctuations m88 cá cược trực tuyến vaobong 9999 the financial market, GELEX actively oriented to reduce debt to reduce costs and financial pressure. The assets structure and capital of GELEX as of December 31st, 2022 was relatively balanced.

GELEX’s financial indicators such as debt ratio, payment ratio, operating efficiency ratio, etc. were all at the right levels and continued to be improved m88 cá cược trực tuyến vaobong 9999 the fourth quarter of 2022. A healthy financial situation helped GELEX face less risk m88 cá cược trực tuyến vaobong 9999 the volatile capital and interest markets.

Invest m88 cá cược trực tuyến vaobong 9999 industries with good growth potential

m88 cá cược trực tuyến vaobong 9999 2022, after basically completing the restructuring of capital ownership at the parent company and its subsidiaries, GELEX continued to hold dominant ownership of 2 sub-holdings: Gelex Electric specialized m88 cá cược trực tuyến vaobong 9999 industrial production (mainly m88 cá cược trực tuyến vaobong 9999 industrial production) and Gelex Infrastructure specializes m88 cá cược trực tuyến vaobong 9999 investment and business m88 cá cược trực tuyến vaobong 9999 the infrastructure segment, including investment and development m88 cá cược trực tuyến vaobong 9999 the several sectors such as energy, industrial parks real estate, social housing, building materials, clean water production and supply, etc.

Over 30 years of development, GELEX has been known as the leading enterprise m88 cá cược trực tuyến vaobong 9999 the electrical equipment industry m88 cá cược trực tuyến vaobong 9999 Vietnam, manufacturing and trading equipment m88 cá cược trực tuyến vaobong 9999 the value chain of the electricity industry. Up to now, the Group has basically completed investment m88 cá cược trực tuyến vaobong 9999 expansion and modernization of factories, production technology, capacity management, etc. m88 cá cược trực tuyến vaobong 9999 production and business units to enhance its position, maintain its scale and market share with some reputable brands such as CADIVI power cables, THIBIDI transformers, EMIC electrical measuring equipment, HEM motors, etc. m88 cá cược trực tuyến vaobong 9999 the coming period, the rapidly growing electricity demand m88 cá cược trực tuyến vaobong 9999 Vietnam will contribute to creating favorable conditions for GELEX’s power industry growth.

Besides, starting from the core and traditional industries, GELEX has invested m88 cá cược trực tuyến vaobong 9999 industries with good growth potential, leading a stable cash flow m88 cá cược trực tuyến vaobong 9999 the long term. Especially, after raising the ownership rate to the controlling level at Viglacera Corporation – JSC, GELEX’s system has added a member who is a leading industrial real estate and social housing developer m88 cá cược trực tuyến vaobong 9999 the North, the leading manufacturer of building materials m88 cá cược trực tuyến vaobong 9999 Vietnam. With the advantage of abundant land bank, favorable location and experience m88 cá cược trực tuyến vaobong 9999 real estate development for industrial park infrastructure, as well as a long-time brand name m88 cá cược trực tuyến vaobong 9999 manufacturing business of building materials, Viglacera is expected to grow dramatically, making an important contribution to the Group’s business results.

Viglacera – a member unit of GELEX owns the land bank of the key industrial park m88 cá cược trực tuyến vaobong 9999 the North.

 

m88 cá cược trực tuyến vaobong 9999 addition to industrial real estate, renewable energy and clean water are also essential industries with growth potential of GELEX… They are the segments that are mostly assessed to be stable and less volatile compared to other segments that are highly cyclical as commercial real estate.

Along with that, m88 cá cược trực tuyến vaobong 9999 the coming period, the Group is still looking for M&A opportunities to bring growth m88 cá cược trực tuyến vaobong 9999 scale, serving its long-term development strategy.

Source: Nhan Dan