According to the recently released Q3 2025 consolidated financial report, Gelex Electric Joint Stock Company (GELEX Electric, stock code: GEE) recorded a net revenue of over VND 6,444 billion, a 14.7% increase compared to the same period in 2024.
The company attributes this growth to enhanced management and cost optimization in production.
Alongside profits from the sale of investments due to continued restructuring of ownership in several subsidiaries, GELEX Electric’s post-tax profit surged by VND 1,374 billion (a 329% increase year-over-year), reaching VND 1,791 billion.
In the first nine months of the year, GELEX Electric achieved VND 18,235 billion in revenue and VND 3,532 billion in pre-tax profit, up 25% and 162% respectively compared to the same period last year.
With these results, GELEX Electric has fulfilled 76.6% of its annual revenue target and exceeded its pre-tax profit goal by 1% for 2025.
Recent fluctuations in GEE stock. Source: Fireant
Additionally, JB Vietnam Securities LLC reported a pre-tax profit of VND 15 billion in Q3 2025, a 500% increase year-over-year. For the first nine months, the company recorded a pre-tax profit of VND 38 billion, compared to a loss of VND 2 billion in the same period in 2024.
VPBank Securities JSC (VPBankS) reported Q3 2025 operating revenue of VND 3,572 billion, six times higher than the previous year. After deducting expenses, VPBankS’ net profit reached VND 1,892 billion, a 595% increase year-over-year.
For the first nine months, operating revenue totaled VND 5,457 billion, with post-tax profit at VND 2,613 billion, up 288% compared to the same period last year.
VPBankS’ equity stands at VND 20,273 billion, including VND 15,000 billion in capital and over VND 5,000 billion in retained earnings.
The company is currently executing its IPO, with the subscription and deposit period running from October 10 to October 31. Offering 375 million shares, VPBankS aims to raise over VND 12,700 billion. The company is expected to list on the stock exchange in December 2025.
Notably, VIX Securities JSC (stock code: VIX) also released its Q3 2025 financial report, showing total operating revenue of VND 3,222 billion, nearly six times higher than the same period last year.
Most of VIX’s business activities in Q3 2025 saw significant growth. Specifically, profit from the sale of FVTPL financial assets reached VND 1,375 billion, a 70-fold increase; revaluation gains on financial assets also rose by 295% to VND 1,347 billion.
After expenses, VIX’s Q3 2025 net profit reached VND 2,449 billion, an 824% increase year-over-year, marking a record quarterly profit in the company’s history.
For the first nine months of 2025, VIX’s operating revenue totaled VND 6,178 billion, up 378% year-over-year.
Pre-tax and post-tax profits reached VND 5,116 billion and VND 4,123 billion, increasing by 651% and 648% respectively.
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In the first nine months of 2025, the company’s net revenue soared to VND 18,235 billion, marking a 25% year-on-year increase. Pre-tax profit reached an impressive VND 3,532 billion, reflecting a remarkable 162% growth compared to the same period last year.
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