Airports Corp. of Vietnam Annual Results: Standalone & Consolidated Reports

Annual Results

Results Snapshot

Figures in Million

Consolidate Annual Results

Dec'23

Dec'22

Dec'21

Dec'20

Dec'19

Dec'18

Dec'17

Net Sales

1,99,98,142.42

1,38,04,902.19

47,52,036.06

77,67,469.41

1,83,28,551.74

1,61,23,160.72

1,38,30,215.02

Other Operating Income

0.00

Total Operating income

1,99,98,142.42

1,38,04,902.19

47,52,036.06

77,67,469.41

1,83,28,551.74

1,61,23,160.72

1,38,30,215.02

Raw Material Cost

81,68,923.53

73,23,730.91

55,76,800.53

64,14,858.56

90,31,980.75

83,04,241.25

82,38,316.31

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

34,06,193.50

30,98,158.12

23,44,502.57

23,61,698.91

32,55,723.28

27,32,000.07

0.00

Power Cost

0.00

Manufacturing Expenses

66,912.66

72,167.86

88,792.73

96,219.75

96,418.31

95,084.58

96,433.95

Selling and Distribution Expenses

37,15,124.64

18,22,753.07

10,66,173.95

7,61,611.66

13,27,511.84

11,57,508.55

10,33,174.11

Other Expenses

-3,47,310.62

-3,17,032.60

-2,43,329.53

-2,45,791.87

-3,35,214.16

-2,82,708.47

-9,643.40

Total Expenditure (Excl Depreciation)

1,18,84,048.17

91,46,483.98

66,42,974.48

71,76,470.22

1,03,59,492.58

94,61,749.80

92,71,490.42

Operating Profit (PBDIT) excl Other Income

8114094.300000001

4658418.2

-1890938.4

590999.2

7969059.2

6661410.899999999

4558724.600000001

Other Income

24,62,129.29

44,00,098.04

31,80,930.94

15,19,304.34

23,03,206.38

10,70,034.48

8,84,353.42

Operating Profit (PBDIT)

1,29,22,745.96

1,13,82,248.24

38,09,011.33

50,88,613.68

1,41,72,751.09

1,15,92,755.62

95,93,962.48

Interest

66,912.66

72,167.86

88,792.73

96,219.75

96,418.31

95,084.58

96,433.95

Exceptional Items

0.00

-2,00,326.69

0.00

942.83

861.43

10,967.96

Gross Profit (PBDT)

1,18,29,218.89

64,81,171.28

-8,24,764.47

13,52,610.85

92,96,570.99

78,18,919.47

55,91,898.71

Depreciation

23,63,750.98

23,36,698.46

25,29,606.68

29,92,133.65

39,21,488.19

38,80,356.85

41,65,022.65

Profit Before Tax

1,04,92,082.33

89,73,381.91

9,90,285.23

20,00,260.28

1,01,55,787.42

76,18,175.62

53,43,473.84

Tax

20,22,372.80

17,36,007.90

2,00,685.76

3,58,713.76

19,41,630.50

14,32,821.82

12,21,753.66

Provisions and contingencies

0.00

Profit After Tax

84,59,705.21

65,10,519.35

7,89,769.45

12,55,347.23

75,09,770.03

54,81,347.60

40,99,164.34

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

84,59,705.21

65,10,519.35

7,89,769.45

12,55,347.23

75,09,770.03

54,81,347.60

40,99,164.34

Share in Profit of Associates

0.00

Minority Interest

10,004.32

5,539.00

-169.98

-5,929.74

13,001.89

12,621.19

21,219.15

Other related items

0.00

Consolidated Net Profit

84,69,709.53

65,16,058.35

7,89,599.47

12,49,417.49

75,22,771.92

54,93,968.80

41,20,383.49

Equity Capital

0.00

Face Value

10000.0

Reserves

5,03,60,361.35

4,38,59,390.94

3,76,10,706.44

3,75,23,063.07

3,67,04,081.57

3,07,33,664.90

2,73,37,129.68

Earnings per share (EPS)

2361.18

1817.15

220.43

350.38

2096.0

1529.74

1144.12

Diluted Earnings per share

2361.18

1817.15

220.43

350.38

2096.0

1529.74

1144.12

Operating Profit Margin (Excl OI)

40.49%

33.65%

-40.01%

7.43%

43.36%

41.2%

32.86%

Gross Profit Margin

64.29%

81.93%

74.07%

64.27%

76.81%

71.32%

68.75%

PAT Margin

42.3%

47.16%

16.62%

16.16%

40.97%

34.0%

29.64%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Annual Analysis Highlights

Net Sales

YoY Growth in year ended Dec 2023 is 44.86% vs 190.50% in Dec 2022

Consolidate Net Profit

YoY Growth in year ended Dec 2023 is 29.98% vs 725.24% in Dec 2022

Operating Profit (PBDIT) excl Other Income

YoY Growth in year ended Dec 2023 is 49.82% vs 1,011.67% in Dec 2022

Interest

YoY Growth in year ended Dec 2023 is -7.28% vs -18.72% in Dec 2022

Operating Profit Margin (Excl OI)

YoY Growth in year ended Dec 2023 has improved from Dec 2022

Compare Annual Results Of Airports Corp. of Vietnam With

Select Peers

Figures in Million

Consolidate Annual Results

Change(VND)

Change(%)

Net Sales

1,99,98,142.42

48,32,024.80

1,51,66,117.62

313.87%

Other Operating Income

0.00

Total Operating income

1,99,98,142.42

48,32,024.80

1,51,66,117.62

313.87%

Raw Material Cost

81,68,923.53

27,55,725.21

54,13,198.32

196.43%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

34,06,193.50

6,57,707.83

27,48,485.67

417.89%

Power Cost

0.00

Manufacturing Expenses

66,912.66

1,39,988.21

-73,075.55

-52.20%

Selling and Distribution Expenses

37,15,124.64

7,62,857.99

29,52,266.65

387.00%

Other Expenses

-3,47,310.62

-79,769.60

-2,67,541.02

-335.39%

Total Expenditure (Excl Depreciation)

1,18,84,048.17

35,18,583.20

83,65,464.97

237.75%

Operating Profit (PBDIT) excl Other Income

81,14,094.25

1,313,441.60

68,00,652.65

517.77%

Other Income

24,62,129.29

9,25,136.92

15,36,992.37

166.14%

Operating Profit (PBDIT)

1,29,22,745.96

26,44,122.71

1,02,78,623.25

388.73%

Interest

66,912.66

1,39,988.21

-73,075.55

-52.20%

Exceptional Items

0.00

Gross Profit (PBDT)

1,18,29,218.89

20,76,299.58

97,52,919.31

469.73%

Depreciation

23,63,750.98

4,05,544.19

19,58,206.79

482.86%

Profit Before Tax

1,04,92,082.33

20,98,590.31

83,93,492.02

399.96%

Tax

20,22,372.80

1,75,006.83

18,47,365.97

1,055.60%

Provisions and contingencies

0.00

Profit After Tax

84,59,705.21

13,64,260.23

70,95,444.98

520.09%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

84,59,705.21

13,64,260.23

70,95,444.98

520.09%

Share in Profit of Associates

0.00

Minority Interest

10,004.32

4,68,103.89

-4,58,099.57

-97.86%

Other related items

0.00

Consolidated Net Profit

84,69,709.53

18,32,364.11

66,37,345.42

362.23%

Equity Capital

0.00

Face Value

10,000.00

0.00

Reserves

5,03,60,361.35

1,23,81,889.19

3,79,78,472.16

306.73%

Earnings per share (EPS)

2,361.18

4,276.08

-1,914.90

-44.78%

Diluted Earnings per share

2,361.18

4,276.08

-1,914.90

-44.78%

Operating Profit Margin (Excl OI)

40.49%

27.18%

0.00

13.31%

Gross Profit Margin

64.29%

51.82%

0.00

12.47%

PAT Margin

42.30%

28.23%

0.00

14.07%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Annual - Net Sales

Net Sales 19,99,814.24 Million

in Dec 2023

Figures in Million

YoY Growth in year ended Dec 2023 is 44.86% vs 190.50% in Dec 2022

Annual - Consolidate Net Profit

Consolidate Net Profit 8,46,970.95 Million

in Dec 2023

Figures in Million

YoY Growth in year ended Dec 2023 is 29.98% vs 725.24% in Dec 2022

Annual - Operating Profit (PBDIT)

Operating Profit (PBDIT) 10,46,061.67 Million

in Dec 2023

Figures in Million

YoY Growth in year ended Dec 2023 is 49.82% vs 1,011.67% in Dec 2022

Annual - Interest

Interest 6,691.27 Million

in Dec 2023

Figures in Million

YoY Growth in year ended Dec 2023 is -7.28% vs -18.72% in Dec 2022

Annual - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 40.49%

in Dec 2023

Figures in %

YoY Growth in year ended Dec 2023 has improved from Dec 2022