2025: Growth exceeds expectations, solid internal strength
In the context of the country's GDP increasing by 8.02%, GELEX has made good use of leverage from the macroeconomic context and promoted the governance platform, recording breakthrough business results.
Consolidated net revenue reached VND 39.513 billion, exceeding the plan by 5.1% and growing by 17.1% compared to 2024. Pre-tax profit recorded an impressive figure of VND 4.621 billion, exceeding the set plan by 52%. Gross profit margin improved to 21.3% (compared to 20% in 2024) thanks to efforts to optimize production and control costs.
2025 also marks a major step forward for GELEX in approaching international standards. The Group has for the first time announced financial statements according to IFRS standards and successfully mobilized unlicensed loans worth tens of millions of USD from international banks such as HSBC, LBBW. This not only strengthens financial resources but also affirms GELEX's transparency and prestige in the capital market.
4 pillars creating growth momentum for the new stage
GELEX sets a goal by 2030: "To become the leading Investment Group in Vietnam, a symbol of Growth - Efficiency - Sustainability".
The report of the General Director of GELEX submitted to the 2026 Annual General Meeting of Shareholders affirmed that 2026 is a pivotal year for GELEX to realize its strategic goals to 2030, making GELEX "Become the leading Investment Group in Vietnam, a symbol of Growth - Efficiency - Sustainability".
The Group plans total consolidated net revenue of 44,712 billion VND, consolidated pre-tax profit of 3,615 billion VND. GELEX sets a double-digit growth target in core business segments, although consolidated profit is expected to be under short-term pressure due to loan interest costs and operating costs from new projects that are in the early stages and have not yet maximized capacity.
Also according to the above documents, in the coming time, GELEX will focus resources on four main pillars: High-tech Industry, Real Estate, Infrastructure and Finance.
For Industrial Production, GELEX identifies technology as the key to competition. The Group promotes R&D (development research) to develop green, environmentally friendly product lines for the field of electrical equipment and building materials; Promotes automation and digital transformation in production to optimize productivity; and at the same time reviews and narrows down inefficient product lines to focus on items with high profit margins.
For Real estate, expanding land funds and international cooperation. Accordingly, GELEX orients its member company to focus on upgrading existing industrial parks at Viglacera and preparing to invest in large projects such as Tay Pho Yen phase 1 (499 ha), Phu Ninh (409ha)... In particular, the industrial park project in Vung Tau of Long Son Industrial and Oil and Gas Joint Stock Company (PXL) will be developed according to a multi-industry model, attracting high-tech investment and data centers.
In addition to continuing to develop the social housing segment, worker housing and mid-range segment through Viglacera, GELEX through GELEX Infrastructure (GEL code) cooperates with Frasers Property Limited Group to implement the high-end ANMaison project in Hai Phong, 2 large-scale projects of 113 ha in Dong Nai, continuing to develop land funds in the core urban area or areas associated with TOD to develop new projects.
This year, in the Infrastructure segment, GELEX will complete phase 2 of the Da River clean water project and continue to look for investment opportunities in potential renewable energy. At the same time, study participation in investment in national transportation, urban and telecommunications projects when there is a suitable opportunity.
The Congress documents just released also show that GELEX focuses on building a corporate governance platform, towards international standards. The enterprise invests in human development, training high-quality young human resources, building corporate culture, towards an efficient and competitive working environment.
With a brilliantly successful 2025 and a carefully prepared 2026 roadmap from strategic thinking to financial resources, GELEX is confidently moving forward on a new journey. The Group not only aims for numbers, but also aims to create long-term value for shareholders, customers and the community, affirming its position as a leading investment group in Vietnam.
