Gia Lai Electricity

GEG

VN000000GEG0

Independent Power Producers

End-of-day quote Ho Chi Minh S.E. Other stock markets 06:00:00 2024-05-27 pm EDT			5-day change	1st Jan Change
13,650 ^VND	+3.02%		+2.63%	+6.23%

May. 02	Gia Lai Electricity Joint Stock Company Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Jan. 30	Gia Lai Electricity Joint Stock Company Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	CI

Gia Lai Electricity Joint Stock Company Reports Earnings Results for the First Quarter Ended March 31, 2024

May 01, 2024

Gia Lai Electricity Joint Stock Company reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was VND 739,214.92 million compared to VND 548,461.84 million a year ago. Revenue was VND 739,214.92 million compared to VND 548,461.84 million a year ago.

Net income was VND 89,662.2 million compared to VND 64,245.86 million a year ago. Basic earnings per share from continuing operations was VND 262 compared to VND 193 a year ago. Diluted earnings per share from continuing operations was VND 262 compared to VND 193 a year ago.

Latest news about Gia Lai Electricity

Gia Lai Electricity Joint Stock Company Reports Earnings Results for the First Quarter Ended March 31, 2024	May. 01	CI
Gia Lai Electricity Joint Stock Company Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Jan. 30	CI
Gia Lai Electricity Joint Stock Company Reports Earnings Results for the Full Year Ended December 31, 2023	Jan. 30	CI
Gia Lai Electricity Joint Stock Company Declares Dividend for 2023, Payable on December 29, 2023	Dec. 17	CI
Gia Lai Electricity Joint Stock Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-31	CI
Gia Lai Electricity Joint Stock Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-07-31	CI
Gia Lai Electricity Joint Stock Company Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-03	CI
Gia Lai Electricity Joint Stock Company Announces Resignation of Mr. Deepak C.Khanna as A Member of the Audit Committee	23-03-14	CI
Gia Lai Electricity Joint Stock Company Reports Earnings Results for the Full Year Ended December 31, 2022	23-01-30	CI
Gia Lai Electricity Joint Stock Company Reports Earnings Results for the Fourth Quarter Ended December 31, 2022	23-01-30	CI
Gia Lai Electricity Joint Stock Company announced that it has received VND 642 billion in funding	22-12-21	CI
SK E&S Co., Ltd. entered into an agreement to acquire 99.99% stake in New Renewable Energy JSC No.1 from SK E&S Co., Ltd.	22-11-30	CI
Gia Lai Electricity Joint Stock Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-10-26	CI
Gia Lai Electricity Joint Stock Company announced that it expects to receive VND 642 billion in funding	22-09-04	CI
Japan's JERA to buy 35% stake in Vietnam's renewable energy firm for Y15 billion	22-08-16	RE
JERA Asia Private Limited signed a share purchase agreement to acquire 35.1% stake in Gia Lai Electricity Joint Stock Company from International Finance Corporation,and Armstrong South East Asia Clean Energy Fund, managed by Armstrong Asset Management Pte. Ltd..	22-08-15	CI
Gia Lai Electricity Joint Stock Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-01	CI
Gia Lai Electricity Joint Stock Company Reports Earnings Results for the First Quarter Ended March 31, 2022	22-04-28	CI
Gia Lai Electricity Joint Stock Company Reports Earnings Results for the Fourth Quarter Ended December 31, 2021	22-01-28	CI
Gia Lai Electricity Joint Stock Company Reports Earnings Results for the Full Year Ended December 31, 2021	22-01-28	CI
Gia Lai Electricity Joint Stock Company Announces Setting Up of Subsidiary	21-12-30	CI
Gia Lai Electricity Joint Stock Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-11-01	CI
Gia Lai Electricity Joint Stock Company Approves Appointment of Dang Huynh Anh Tuan as Member of BOD as Member of Audit Committee	21-09-15	CI
Gia Lai Electricity Joint Stock Company Announces Establishment of Subsidiary	21-09-13	CI
Gia Lai Electricity Joint Stock Company to Pay Cash Dividend on September 24, 2021	21-08-11	CI

Chart Gia Lai Electricity

Duration

Period

More charts

Company Profile

Gia Lai Electricity Joint Stock Company (GEC) is a Vietnam-based renewable independent power producer. The Company's main business activities is the generation of electricity via the operation and management of hydro power plants and solar power plant. The Company is also engaged in the construction of power lines, power transmission infrastructure and public lighting systems; the installation of electrical equipment and machinery for power plants, and the manufacture of precast centrifugal concrete structures, as well as galvanized mechanical components. GEC is also involved in the provision of architectural and engineering services, construction consultation and supervision services for power plants.

Sector

Independent Power Producers

More about the company

Income Statement Evolution

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

13,650 VND

Average target price

17,050 VND

Spread / Average Target

+24.91%

Consensus

Annual profits - Rate of surprise

Company calendar

Sector Renewable IPPs

	1st Jan change	Capi.
GIA LAI ELECTRICITY	+6.23%	183M
ADANI GREEN ENERGY LIMITED	+17.65%	36.06B
HUANENG LANCANG RIVER HYDROPOWER INC.	+14.72%	24.59B
EDP RENOVÁVEIS, S.A.	-22.43%	16.46B
ENGIE BRASIL ENERGIA S.A.	-3.40%	6.93B
NEOEN	+7.40%	5.41B
NORTHLAND POWER INC.	-1.08%	4.48B
ERG S.P.A.	-14.76%	3.92B
CLEARWAY ENERGY, INC.	-2.70%	3.1B
ENCAVIS AG	+9.30%	2.98B

Renewable IPPs