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Gia Lai Electricity Joint Stock Company (Vietnam)

Main Activities: Hydroelectric Power Generation
Full name: Gia Lai Electricity Joint Stock Company Profile Updated: August 23, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The company specializes in Electric power generation, transmission and distribution.
The Company was founded in 1989. Headquarted in 114 Truong Chinh Street - Phu Dong Ward - Pleiku City - Gia Lai Province
Main business:
Electric power generation, transmission and distribution
Construction of buildings
Wholesale of other machinery and equipment n.e.c
Repair of electrical equipment
Other professional, scientific and technical activities n.e.c
Other financial service activities, except insurance and pension funding activities n.e.c
Architectural and engineering activities and related technical consultancy
Management consultancy activities
Other specialized construction activities
Real estate activities with own or leased property
Technical testing and analysis
Electrical installation activities
Installation of industrial machinery and equipment
Manufacture of electric motor, generators, transformers and electricity distribution and control apparatus
Construction of utility projects
Construction of other civil engineering projects
Construction of roads and railways
Renting and leasing of other machinery, equipment and tangible goods
Renting and leasing of motor vehicles
History:
1989: Formerly known as Gia Lai - Kon Tum Hydropower Company.
1992: Renamed as Ia Drang II Hydropower Enterprise
1994: Renamed as Gia Lai Provincial Hydropower Company
1995: Renamed as Gia Lai Electricity Company
2010: Equitized and renamed as Gia Lai Electricity Joint Stock Company
2013: Gia Lai Electricity Joint Stock Company officially became a member of TTC Group and is the core unit of the Group in the Energy sector;
2016: 2 International Finance Corporations IFC - NHTG, Armstrong Clean Energy Fund - Singapore became strategic shareholders, 36 of outstanding shares;
2017: The company s shares were first listed on Upcom with the code GEG from March 21, 2017
2019: The company s shares were delisted from Upcom and transferred to Ho Chi Minh City Stock Exchange from September 10, 2019
2020: Operate the Rooftop Solar Power system across 11 provinces and cities with a total capacity of up to 34 MWp, bringing the total Solar Power capacity to 293 MWp in 11 provinces and cities and 130 MW of Wind Power being deployed, bringing the portfolio of Hydropower, Solar Power, Wind Power in operation and being deployed to 755 MWp;
2021: Operate 3 offshore wind power projects V.P.L 1 - Ben Tre, onshore wind power Ia Bang 1 - Gia Lai and offshore wind power Tan Phu Dong 2 - Tien Giang with a total capacity of 130 MW, increasing the total power generation capacity to nearly 446 MW.

Headquarters
114 Truong Chinh Street, Phu Dong Ward
PleiKu; Central Highlands;

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Website: http://geccom.vn

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1989
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Vice Chief Executive Officer
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Vice Chief Executive Officer
Ownership Details
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35.1%
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5.28%
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Subsidiaries
Cong Ty Tnhh Mtv Thuy Dien Thuong Lo
100%
Cong Ty Co Phan Nang Luong Xanh Ca Mau
99.93%
Cong Ty Co Phan Nang Luong Tai Tao Tan Thanh
99.9%
Company Performance
Financial values in the chart are available after Gia Lai Electricity Joint Stock Company report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency VND. Absolute financial data is included in the purchased report.
Net sales revenue
19.25%
Total operating revenue
18.71%
Operating profit (EBIT)
12.86%
EBITDA
19.81%
Net Profit (Loss) for the Period
14.82%
Total assets
-1.63%
Total equity
2.78%
Operating Profit Margin (ROS)
-2.55%
Net Profit Margin
-0.4%
Return on Equity (ROE)
0.23%
Debt to Equity Ratio
-8.57%
Quick Ratio
-0.15%
Cash Ratio
0.11%

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