GEE stock of Gelex Electric has shown an impressive price rise in the first 9 months of 2025, climbing from 27,250 VND/share at the end of 2024 to 165,800 VND/share on October 15, marking a 508% increase. In the last 4 trading sessions, it hit the ceiling in 3 of them. This growth pushed GEE’s market capitalization beyond 60 trillion VND (approximately 2.3 billion USD), surpassing other major stocks like VIC, VIX, GEX, and VHM.
In Q3 2025, Gelex Electric reported post-tax profit of 1,791.7 billion VND, a 329% rise year-on-year. The standalone profit reached 1,747.2 billion VND, up 650.6%, driven by significant financial revenue from investment sales.
A key driver of this surge is the IPO plan of its subsidiary, Gelex Infrastructure, expected to raise capital for infrastructure and renewable energy projects, thereby unlocking value for the entire ecosystem.
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