Gelex stock rises sharply for three consecutive sessions, market capitalization reaches $2 billion after reporting a 300% increase in Q3 2025 net profit, exceeding annual plan

GEE stock of Gelex Electric has risen sharply for three consecutive sessions, reaching 143,800 VND/share, with a market capitalization of $2 billion. In Q3 2025, net revenue reached over 6,444 billion VND, increasing by 14.7% compared to the previous year, due to effective management and cost optimization, contributing to a gross profit increase of 252 billion VND. Net profit after tax for this quarter reached 1,791 billion VND, a 329% increase year-on-year. Over the first 9 months, net revenue grew by 25%, reaching 18,235 billion VND, fulfilling 77% of the revenue plan and exceeding the pretax profit target for the year by 101%. Growth was supported by contributions from member companies and technological applications in production. Total assets of Gelex Electric reached 15,141 billion VND, increasing by 17%. The company plans to conduct an IPO for Gelex Infrastructure, with an expected price of 28,000 – 30,000 VND/share.