On April 24, GELEX Group Joint Stock Company was named in “Top 50 Vietnam Best Growth – Top 50 excellent growth enterprises in Vietnam” and “FAST500 – Top 500 fastest growing enterprises in Vietnam in 2024 “.
Ms. Nguyen Hong Nhung – Communications Director of GELEX Group Joint Stock Company – received the trophy and certificate of “Top 50 Vietnam Best Growth”.
GELEX Group has maintained for many consecutive years in the “Top 50 Vietnam Best Growth”, FAST500 alone, compared to 2023, GELEX has grown 13 places (from position 146 to 133).
This is the ranking announced by Vietnam Report Joint Stock Company (Vietnam Report), now entering its 14th year on the journey of finding, recognizing and honoring worthy achievements of businesses. effective.
The ranking is based on the main criterion of compound growth rate (CAGR) of revenue and a number of other criteria such as total assets, equity, pre-tax profit, media reputation,… of the business. .
Many years of presence in prestigious rankings have affirmed its position as a business with vision, effective and sustainable business strategy, grasping market trends combined with good management and implementation capacity. good obligation to contribute to the state budget.
In 2023, in a difficult market context, GELEX proactively adapted, was flexible, creative and deployed many response solutions. The enterprise recorded consolidated net revenue of 29,998 billion VND, pre-tax profit of 1,397 billion VND. GELEX’s compound revenue growth rate reaches 18.3%/year in the 5-year period of 2019 – 2023.
Industrial real estate is GELEX’s long-term growth driver.
Also according to the recently announced first quarter financial report, GELEX Group recorded net revenue and consolidated pre-tax profit reaching VND 6,660 billion and VND 385 billion, respectively, an increase of 3.9% and 167.7% over the same period. . At the end of the first 3 months of the year, GELEX has implemented 21% of the revenue plan and 20% of the profit plan for 2024.
In its strategy, electrical equipment, industrial park infrastructure development and industrial real estate, and renewable energy are still the top priorities in GELEX Group’s investment strategy.
Tags: GELEX excellent growth enterprises Vietnam
