GELEX (GEX) announced a cash dividend advance for 2025 at a rate of 8%, equivalent to 800 VND per share, with payments scheduled for October 10, 2025, totaling approximately 720 billion VND for over 902 million shares outstanding. Currently, GELEX focuses on industrial production and infrastructure, showing positive business results. According to a report from Vietcap Securities, GELEX’s business segments are recovering, with profit after tax expected to increase by 44% from 2025 to 2029. The main growth drivers are GELEX Electric (GEE) and Viglacera (VGC), with profits increasing by 34% and 48%, respectively. The company also looks to benefit from the Fairmont complex, projected to operate from 2026, contributing to a forecasted 25% CAGR for profits in the upcoming period.
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