Gelex Group Joint Stock Company recently announced its consolidated financial report for Q2. Accordingly, consolidated net revenue for the quarter reached 14,480 billion VND, an increase of 43.1% compared to the same period last year. Pre-tax profit reached 1,805 billion VND, marking a 16.8% rise.

For the entire first half of the year, the group's net revenue hit 25,202 billion VND, a 39.7% increase compared to the same period in 2025. With cumulative pre-tax profit reaching 2,611 billion VND, the company achieved 72.2% of its full-year profit target.

Perspective of Gia Binh International Airport, with infrastructure investment contributed by Gelex Group. Photo: Gelex.

According to the group, this growth momentum stems from key business segments, amidst the government's push for public investment and sustained positive foreign direct investment (FDI) flows. High demand for infrastructure, energy, and industrial parks helped electrical equipment and infrastructure continue to be the group's two main drivers. "This result reflects the effectiveness of our strategy to focus resources on areas with competitive advantages and the ability to create sustainable value", a company representative said.

In addition to business operations, Gelex actively expanded its investment scale to prepare for the next development phase. As of 30/6, total consolidated assets reached 85,749 billion VND, an increase of 16.5% compared to the beginning of the year. Long-term assets recorded a strong increase, indicating the rapid implementation progress of strategic projects.

A Gelex representative stated that increasing loan capital and financial costs is typical when businesses boost investment for expansion. The group uses these funds to develop assets and projects capable of generating long-term cash flow. Meanwhile, core business activities maintained growth momentum, and financial safety indicators continued to be ensured.

The company also applies prudent accounting principles in response to financial market fluctuations, balancing growth objectives and risk control. In the upcoming period, the company will focus resources on areas capable of creating sustainable value, such as electrical equipment, infrastructure, industrial parks, and real estate.

As strategic projects successively come into operation, the group expects current investments to become a solid foundation for a new growth cycle.

Thanh Thu