Mr. Le Ba Tho is Chairman of the Board of Directors of GELEX Electric.

Portrait of Mr. Le Ba Tho.

Mr. Le Ba Tho, born in 1981, has a Bachelor's degree in Accounting and Auditing and a Master's degree in Business Administration. He has nearly 20 years of experience in finance and business administration and has held many important management positions in many enterprises.

Currently, Mr. Tho is Vice Chairman of the Board of Directors of GELEX Group (parent company of GELEX Electric Company). He is also Chairman of the Board of Directors of GELEX Infrastructure Joint Stock Company, Chairman of the Board of Directors of Vietnam Electric Cable Joint Stock Company CADIVI; Chairman of the Board of Directors of Long Son Petroleum Investment Joint Stock Company and a member of the Board of Directors of Viglacera Corporation - Joint Stock Company.

As a long-time leader, Mr. Tho is a prestigious leader and has made important contributions to the GELEX system. Mr. Tho is the leader leading the construction of a financial and management foundation throughout the entire GELEX system. With experience and understanding of business fields, Mr. Tho participates in strategic orientation for the Infrastructure and Electrical Equipment sector.

Mr. Le Ba Tho's predecessor was Mr. Nguyen Van Tuan. Mr. Tuan did not run for the new term of the Board of Directors of GELEX Electric to focus on his role as business manager.

Currently, the Board of Directors of GELEX Electric for the 2025-2030 term has 5 members, including: Mr. Le Ba Tho (Chairman of the Board of Directors) and 4 members: Mr. Dang Phan Tuong; Mr. Do Duy Hung; Mr. Nguyen Trong Trung and Mr. Nguyen Duc Luyen.

In 2025, GELEX Electric targets consolidated net revenue of VND 22,282 billion; consolidated pre-tax profit of VND 1,686 billion, up 5.5% and down 21.6% respectively compared to 2024. The company explained that the profit plan decreased due to no more profit from divestment as in 2024; at the same time, the company allocates resources to invest in human resource development and science and technology, innovation, in which member units are encouraged to spend up to 2% of revenue on R&D.

In the first quarter of 2025, GELEX Electric's consolidated net revenue is estimated to reach about 4,800 billion, exceeding the quarterly plan by 10% and increasing by 30% over the same period in 2024. Consolidated pre-tax profit is estimated to reach 465 billion, exceeding the quarterly plan by 102% and increasing by 215% over the same period in 2024. This is the highest quarterly core profit in the company's history.

Source: https://nhandan.vn/ong-le-ba-tho-lam-chu-tich-hoi-dong-quan-tri-gelex-electric-post868078.html