Gilimex (stock code: GIL) plans to hold its annual general shareholders’ meeting on April 15, 2025, to present a revenue plan of 1.2 trillion VND for 2025, up 69% from 2024, and a pre-tax profit plan of 150 billion VND, up 82%. The company will distribute 10% cash dividends for 2024, estimated at 101.6 billion VND. Gilimex aims to fill its manufacturing capacity and develop 10 plush toy factories in the next 10 years. The company also plans to develop industrial infrastructure in Hue (460ha), Vinh Long (400ha), and Nghia Hung (148.68ha). In 2024, Gilimex recorded revenue of 711 billion VND and post-tax profit of 26 billion VND, not reaching the target due to declining customer demand after Amazon cut orders. The company filed a lawsuit against Amazon in late 2022 for breaching commitments, leading to an 80% drop in revenue. After a difficult period, Gilimex is gradually recovering and setting ambitious growth plans.
Leave a Reply