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Siemens Gamesa Renewable Energy Llc (Vietnam)

Main Activities: Wholesale Trade
Secondary Activities: Other Building Equipment Contractors | Other Direct Selling Establishments | Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
Full name: Siemens Gamesa Renewable Energy Llc Profile Updated: February 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

The subject is a member of Siemens Gamesa Group – a leader in the renewable energy industry, providing offshore and onshore wind turbines and services. In 2019, Siemens Gamesa provided 7 wind turbines SG 4.5 - 145 for wind power project in Thanh Hai commune, Ben Tre province with a capacity of 32 MW. Despite the COVID-19, it still completed the installation of 4 nearshore wind farms: Tan Thuan, Tra Vinh, Binh Dai, and Ben Tre Lot 5 Phase I. In Nov 2021, Siemens Gamesa signed USD 400 million wind gear agreement with Vietnam's BCG Energy to develop wind turbines with capacity of over 500 MW.Vietnam has around 630 MW of wind energy installed currently, but plans to have 16 GW installed by 2030, with 1 GW of that coming from a promising offshore sector, as shared by Ms. Nhi - Country Managing Director. The Vietnamese Government is increasing its stake in renewable energies to 15-20% of its total energy output by 2030. According to the forecast by the Global Wind Energy Council, at least 4 GW of wind farm projects will be commissioned by 2025.The subject had many changes about address, shareholders, leaders in 2019. Mr. MIGUEL ANGEL RODRIGUEZ MAESTRE and Ms. LE THI PHUONG NHI become new legal representatives since Nov 2020.

Headquarters
14th Floor, Saigon Centre, Tower 1, No. 65, Le Loi Street, Ben Nghe Ward
Ho Chi Minh municipality; South Eastern Vietnam; Postal Code: 70000-74000

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Incorporation Date:
July 26, 2017
Key Executives
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Director
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Director
Ownership Details
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100%
Company Performance
Financial values in the chart are available after Siemens Gamesa Renewable Energy Llc 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
-25.96%
Total operating revenue
-25.96%
Operating profit (EBIT)
8560.53%
Net Profit (Loss) for the Period
316.1%
Total assets
15.84%
Total equity
N/A
Operating Profit Margin (ROS)
15.76%
Net Profit Margin
8.06%
Return on Equity (ROE)
N/A
Quick Ratio
0.36%
Cash Ratio
-0.08%

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