Gelex Group JSC 2021 AR2
The report highlights GELEX Group's performance in 2021, a year marked by the successful acquisition of a controlling interest (50.21%) in Viglacera Corporation and the restructuring of its sub-holdings, GELEX Electric and GELEX Infrastructure. The Group achieved record consolidated net revenue of VND 28,578 billion and profit before tax of VND 2,057 billion, representing year-on-year growth of 59% and 72% respectively. In terms of sustainability, GELEX completed five wind power projects in Quang Tri with a total capacity of 140 MW to enjoy preferential FIT prices, bringing its total operational renewable energy capacity to over 260 MW. The Group also contributed over VND 60 billion to COVID-19 prevention and vaccine funds and continued developing social housing projects through Viglacera.
Company: Gelex Group JSC
Sector: Industrials
Country: Vietnam
Year: 2021
Type: AR2
Pages: 107
Gelex Group JSC
Annual Report
The report highlights GELEX Group's performance in 2021, a year marked by the successful acquisition of a controlling interest (50.21%) in Viglacera Corporation and the restructuring of its sub-holdings, GELEX Electric and GELEX Infrastructure. The Group achieved record consolidated net revenue of VND 28,578 billion and profit before tax of VND 2,057 billion, representing year-on-year growth of 59% and 72% respectively. In terms of sustainability, GELEX completed five wind power projects in Quang Tri with a total capacity of 140 MW to enjoy preferential FIT prices, bringing its total operational renewable energy capacity to over 260 MW. The Group also contributed over VND 60 billion to COVID-19 prevention and vaccine funds and continued developing social housing projects through Viglacera.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees