Quay lại trang trước
At the end of the third quarter, GELEX gets accumulated profit of 1,388 billion VND
GELEX Group Joint Stock Company (stock symbol: GEX) has just announced business results for the third quarter of 2023 and the first 9 months of the year.
So under that basis, for the third quarter, GELEX’s consolidated net revenue reached 7,487 billion VND, increasing by 6.7%; Gross profit reached 1,395 billion VND, increasing by 5.2% compared with the corresponding period; Gross profit margin reached 18.6%, equivalent to the same period last year. Consolidated earnings before tax reached 374 billion VND, increasing by 32.6% over the same period.
Accumulated profit in the first 9 months of 2023, GELEX’s consolidated net revenue reached 21,893 billion VND; earnings before tax reached 1,388 billion VND, exceeding 9.2% of the 2023 whole plan.
In terms of business sectors in the third quarter, net revenue from the electrical equipment sector reached 4,177 billion VND, increasing by 25.1% compared to the same period. Gross profit reached 426 billion VND, increasing by 26.4% over the same period.
According to GELEX’s report, the energy and clean water sector performed in line, reaching 414 billion VND in net revenue, this is the highest revenue since the beginning of the year, increasing by 14.4% over the same period. The construction materials segment generated 2,132 billion VND in net revenue for GELEX, decreasing by 18.3% over the same period. However, gross profit margin for the third quarter of the construction materials sector reached 15% and gradually enhanced after a sharp decrease in the first and second quarters of this year. The real estate and industrial park sectors reached 746 billion VND in net revenue, an increase of 18.8% over the same period.
As for the finance, as of 30 September 2023, GELEX’s total assets reached 54,284 billion VND, an increase of 3.6% compared to the beginning of the year. GELEX’s debt to equity and liquidity ratios continue to remain at a stable, safe level and are not changed much compared to the previous quarter and the beginning of the year.
In addition to the market maintenance in business sectors, GELEX orients member units to focus on investment in research and development of up-to-date products for key product creation.
Source: CafeF
Tin liên quan
GELEX Group sponsor modern medical equipment for Hanoi Pediatric Hospital
On October the 9th , Hanoi Pediatric Hospital was inaugurated, went into operation. Residents of the capital and neighboring provinces will have another modern medical facility with high-quality expertise for their children. Hanoi Pediatric Hospital is the first pediatric specialty hospital in the capital, featuring 24 departments/rooms, including 8...
GELEX brand value increases by 55%
With a brand value of USD 148 million, GELEX is in the Top 10 companies with the highest brand value growth rate in Vietnam, alongside names such as: VinFast, Vinschool, Wake up 247, Chinsu, FPT … Evaluating the GELEX brand, Mr. Alex Haigh, Managing Director of Brand Finance Asia...
GELEX Group supports Bach Mai Hospital to renovate A9 Emergency Center
After nearly two months of implementation, on the morning of October 8, all renovation items were completed and officially handed over and put into use. The above renovation project includes 6,000 m2 with 20 patient rooms fully equipped with modern facilities at the A9 Emergency Center and nearly 2,000...
