This marks the fifth consecutive year that GELEX has been included in this ranking, demonstrating the company’s sustained and stable business performance.

On 24 October 2024, in Hanoi, the Vietnam Report JSC and VietnamNet – the Ministry of Information and Communications, held a ceremony to honor Vietnam’s Top 500 Best Profit Businesses and Vietnam’s Top 50 Outstanding Profit Businesses (Vietnam’s Top 50 Best Profitable).

The PROFIT500 Ranking – Vietnam’s Top 500 Best Profit Businesses was officially announced for the first time in 2017, based on independent research and assessment according to international standards conducted by Vietnam Report. The ranking aims to honor dynamic companies that achieve outstanding business results, possess strong profitability, and serve as pillars of the Vietnamese economy during the new normal, as well as to promote the brand of Vietnamese businesses to the domestic and international business community.

In parallel, the organizers also recognized Vietnam’s Top 50 Outstanding Profit Businesses (Vietnam’s Top 50 Best Profitable).

According to a representative of the organizing committee, Vietnam’s Top 50 Outstanding Profit Businesses announced by Vietnam Report aims to acknowledge and honor the 50 companies that have achieved the best profits in Vietnam while maintaining stable and sustainable business performance throughout 2023-2024.

Mr. Le Tuan Anh – Deputy General Director of GELEX Group Receives Certification for Top 50 Outstanding Profit Businesses in Vietnam for 2024.

Recently, despite many fluctuations in the overall context, GELEX has proactively adapted, being flexible and creative in implementing various response solutions. By the end of 2023, GELEX’s total consolidated assets reached VND 55.076 trillion; consolidated revenue reached VND 29.998 trillion; and consolidated profit before tax is estimated at VND 1.398 trillion.

For the first nine months of 2024, GELEX achieved a net revenue of VND 23.617 trillion and a consolidated profit before tax of VND 2.270 trillion, surpassing its profit target for 2024.

In addition to its business growth objectives, GELEX is strengthening its strategy to develop a partner ecosystem with leading multinational corporations; enhancing organizational and management capabilities, with a focus on corporate culture as a foundation, while appropriately investing in human resources and R&D activities; and implementing extensive digital transformation across the Group alongside establishing a risk management framework to ensure a stable and sustainable operating system.

Recently, GELEX was also recognized in the “Vietnam’s TOP 100 Most Valuable Brands for 2024” published by Brand Finance and is one of the top 10 brands with the highest brand value growth rate in 2024, with an increase of up to 55%.

Source: Báo Tiền phong