The Board of Directors of GELEX Group (HOSE: GEX) has decided to establish a new subsidiary named GELEX Investment Company Limited with a charter capital of 100 billion VND, fully owned by GELEX. This new company will focus on financial services and investment consulting, based in Hanoi. This decision aligns with the strategy to efficiently manage investment portfolios, concentrating on key infrastructure projects and community-benefiting sectors. GELEX plans to use various investment methods, including direct investments and the establishment of other subsidiaries to handle new investments. In Q1 2025, GELEX reported consolidated revenue of 7.916 trillion VND, a 18.9% increase, and a pre-tax profit of 646 billion VND, up 67.8% year-on-year.
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