HCMC – Binh Thanh Import – Export Production & Trade JSC (Gilimex) looks to boost its 2025 net profit nearly sixfold to VND150 billion as it expands operations in manufacturing and industrial real estate, according to its 2025 annual report.
The company targets total revenue of VND1.2 trillion this year, up by a staggering 69% over 2024, and also plans a 10% dividend payment.
Gilimex will continue producing household goods and stuffed toys, its core operations. It plans to upgrade capacity at existing factories and build 10 new stuffed toy plants within 10 years to serve new customers.
The company said it would focus on research and product development, targeting markets in Asia, Europe, and the U.S. It also aims to diversify products and strengthen customer relations.
In industrial real estate, Gilimex will develop the 460-hectare Gilimex Industrial Park in Hue City. It is also building a 400-hectare park in the Mekong Delta province of Vinh Long, with legal procedures set to complete this year.
In Bac Giang Province, the firm will proceed with land clearance for a 149-hectare project.
Gilimex plans to expand further in regions designated by the Government for industrial development. It will offer supporting services such as logistics, warehouses, and factory rentals.
Closing the trading session today, March 26, its GIL shares edged up by 0.29% to VND17,150, with 234,500 shares changing hands on the Hochiminh Stock Exchange.
Vietnam’s benchmark index slipped by 0.44% at the close on Wednesday, dragged by widespread losses in the banking and securities sectors, while liquidity also fell sharply.
The VN-Index lost 5.83 points to 1,326.09, with 176 stocks advancing and 286 others declining. Trading volume reached 834.6 million shares worth VND18.8 trillion, down by 18% in volume and 16% in value compared to the previous session. Block deals contributed 99 million shares valued at VND2.2 trillion.
Large-cap stocks in the VN30 basket weighed heavily on the market, with tech giant FPT leading the losses, down by 2.77% to VND123,000 per share on a matching volume of 9.7 million shares.
Several bank stocks declined. TPB fell by 2.03% to VND14,500 with 18.6 million shares traded. LPB dropped by 1.62% to VND33,450, SSI slid by 1.49% to VND26,500, and CTG lost 1.3% to close at VND41,750. SHB was among the most actively traded stocks with 43.8 million shares transacted, down by 1.21% to VND12,250.
Other major banks slid by less than 1%. Collectively, losses by bank stocks took away nearly four points from the VN-Index.
On the upside, only modest gains were seen from stocks such as HPG, GAS, MWG, VIC, and VRE. VIC reversed early-session losses to edge higher in the afternoon, while VHM closed flat. VRE maintained its gains throughout the session.
The VN30-Index, which tracks the 30 largest-cap stocks, fell more sharply than the main index, down by 7.32 points, or 0.53%, to 1,381.47 points. The basket saw only seven gainers, 19 losers, and four stocks ending flat.
VIX rose by 1.2% to VND12,600 and led the market by liquidity with 48.8 million shares traded. TVB added less than 0.4%, and APG remained unchanged. Other brokerage firms dropped, with ORS falling by over 6% to VND10,150.
In contrast to the overall downtrend, steel stocks showed resilience. Steelmaker HPG gained 1.29% to VND27,550 with 44 million shares changing hands. SMC and TLH soared to their daily ceiling prices, both with over one million shares traded.
On the Hanoi Stock Exchange, the HNX-Index also came under pressure. Weak buyer interest and heavy selling drove the index down.
At the close, the HNX-Index dropped by 3.23 points, or 1.32%, to 241.33 points, with 59 advancers and 98 decliners. Trading volume totaled 72 million shares valued at VND1.27 trillion on the northern exchange.
