Gelex Group financial and capital activities

Gelex Electric (GEE) announced its second cash dividend advance for 2026, set at 5% or 500 VND per share, totaling approximately 320.25 billion VND. This follows an earlier 5% dividend advance in June 2026, as the company works toward an annual dividend plan of 30%.

During the first half of 2026, Gelex Electric reported a 41% year-on-year increase in consolidated net revenue to approximately 16,621 billion VND and a 28% increase in consolidated profit after tax to approximately 1,361 billion VND. The company has reached roughly 61% of its annual revenue target and 64% of its annual profit target.

Separately, Gelex Infra (GEL) approved a private share offering of 100 million shares to three professional investors at 28,600 VND per share. The company aims to raise approximately 2,860 billion VND to fund debt restructuring, specifically to facilitate capital contributions for the Gia Binh International Airport construction project. The proceeds are intended to repay loans to GELEX Group JSC and Gelex Investment Co., Ltd. between the fourth quarter of 2026 and the second quarter of 2027.