Hai Phong Hoang Ha Paper JSC Annual Results: Standalone & Consolidated Reports

Annual Results

Results Snapshot

Figures in Million

Consolidate Annual Results

Dec'25

Dec'24

Dec'23

Dec'22

Dec'21

Dec'20

Dec'19

Net Sales

31,23,860.05

18,70,469.96

11,09,333.75

9,45,337.90

7,91,384.82

4,79,528.12

3,68,168.49

Other Operating Income

0.00

Total Operating income

31,23,860.05

18,70,469.96

11,09,333.75

9,45,337.90

7,91,384.82

4,79,528.12

3,68,168.49

Raw Material Cost

29,25,638.69

18,13,266.53

10,41,287.78

8,72,407.39

7,30,932.74

4,34,856.24

3,32,873.98

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

30,343.12

8,398.32

8,701.05

12,947.60

0.00

12,875.86

11,374.44

Power Cost

0.00

Manufacturing Expenses

1,09,330.43

24,774.08

27,121.14

20,045.36

14,520.89

12,633.80

10,177.93

Selling and Distribution Expenses

29,989.86

11,140.07

8,336.66

5,230.73

6,439.29

4,912.75

4,476.08

Other Expenses

-13,967.35

-3,317.24

-3,582.22

-3,299.30

-1,452.09

-2,550.97

-2,155.24

Total Expenditure (Excl Depreciation)

29,55,628.56

18,24,406.60

10,49,624.44

8,77,638.12

7,37,372.03

4,39,768.99

3,37,350.06

Operating Profit (PBDIT) excl Other Income

168231.5

46063.4

59709.3

67699.79999999999

54012.799999999996

39759.1

30818.4

Other Income

14,163.05

9,592.35

-430.33

3,630.12

7,090.97

1,626.80

188.47

Operating Profit (PBDIT)

2,52,570.64

68,133.90

78,076.04

90,031.32

78,715.15

57,121.65

44,386.29

Interest

1,09,330.43

24,774.08

27,121.14

20,045.36

14,520.89

12,633.80

10,177.93

Exceptional Items

131.68

0.00

-99.12

Gross Profit (PBDT)

1,98,221.36

57,203.43

68,045.97

72,930.51

60,452.08

44,671.88

35,294.51

Depreciation

72,139.21

13,410.62

19,853.07

19,632.84

18,442.33

16,447.42

14,169.56

Profit Before Tax

71,232.69

29,949.19

31,101.83

50,353.13

45,751.93

28,040.43

19,939.68

Tax

19,132.85

6,152.56

6,568.39

9,750.40

9,043.78

5,129.83

4,032.83

Provisions and contingencies

0.00

Profit After Tax

43,204.86

15,879.22

17,654.71

32,050.33

29,681.64

18,527.88

12,420.04

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

43,204.86

15,879.22

17,654.71

32,050.33

29,681.64

18,527.88

12,420.04

Share in Profit of Associates

0.00

Minority Interest

4,094.44

5,108.28

3,570.19

4,041.03

2,786.54

1,341.28

1,360.56

Other related items

0.00

Consolidated Net Profit

47,299.30

20,987.50

21,224.90

36,091.36

32,468.17

19,869.16

13,780.59

Equity Capital

0.00

Face Value

10000.0

Reserves

9,70,664.23

9,24,575.94

7,07,985.99

3,90,900.42

3,58,323.02

2,17,761.52

1,98,030.46

Earnings per share (EPS)

499.16

197.11

253.48

939.74

1252.31

852.13

741.11

Diluted Earnings per share

499.16

197.11

253.48

939.74

1252.31

852.13

741.11

Operating Profit Margin (Excl OI)

5.32%

2.41%

5.29%

7.06%

6.72%

8.14%

8.16%

Gross Profit Margin

4.59%

2.32%

4.59%

7.4%

8.11%

9.28%

9.26%

PAT Margin

1.38%

0.85%

1.59%

3.39%

3.75%

3.86%

3.37%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Annual Analysis Highlights

Net Sales

YoY Growth in year ended Dec 2025 is 67.01% vs 68.61% in Dec 2024

Consolidate Net Profit

YoY Growth in year ended Dec 2025 is 125.37% vs -1.12% in Dec 2024

Operating Profit (PBDIT) excl Other Income

YoY Growth in year ended Dec 2025 is 307.25% vs -25.43% in Dec 2024

Interest

YoY Growth in year ended Dec 2025 is 341.31% vs -8.65% in Dec 2024

Operating Profit Margin (Excl OI)

YoY Growth in year ended Dec 2025 has improved from Dec 2024

Compare Annual Results Of Hai Phong Hoang Ha Paper JSC With

Select Peers

Figures in Million

Consolidate Annual Results

Change(VND)

Change(%)

Net Sales

31,23,860.05

11,36,851.27

19,87,008.78

174.78%

Other Operating Income

0.00

Total Operating income

31,23,860.05

11,36,851.27

19,87,008.78

174.78%

Raw Material Cost

29,25,638.69

10,72,956.63

18,52,682.06

172.67%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

30,343.12

0.00

30,343.12

Power Cost

0.00

Manufacturing Expenses

1,09,330.43

21,720.66

87,609.77

403.35%

Selling and Distribution Expenses

29,989.86

54,521.89

-24,532.03

-44.99%

Other Expenses

-13,967.35

-2,172.07

-11,795.28

-543.04%

Total Expenditure (Excl Depreciation)

29,55,628.56

11,27,478.53

18,28,150.03

162.14%

Operating Profit (PBDIT) excl Other Income

1,68,231.50

9,372.75

1,58,858.75

1,694.90%

Other Income

14,163.05

24,274.66

-10,111.61

-41.66%

Operating Profit (PBDIT)

2,52,570.64

35,824.47

2,16,746.17

605.02%

Interest

1,09,330.43

21,720.66

87,609.77

403.35%

Exceptional Items

131.68

0.00

131.68

Gross Profit (PBDT)

1,98,221.36

63,894.64

1,34,326.72

210.23%

Depreciation

72,139.21

2,177.06

69,962.15

3,213.61%

Profit Before Tax

71,232.69

11,926.75

59,305.94

497.25%

Tax

19,132.85

2,106.05

17,026.80

808.47%

Provisions and contingencies

0.00

Profit After Tax

43,204.86

8,425.38

34,779.48

412.79%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

43,204.86

8,425.38

34,779.48

412.79%

Share in Profit of Associates

0.00

Minority Interest

4,094.44

1,395.31

2,699.13

193.44%

Other related items

0.00

Consolidated Net Profit

47,299.30

9,820.70

37,478.60

381.63%

Equity Capital

0.00

Face Value

10,000.00

0.00

Reserves

9,70,664.23

4,80,251.88

4,90,412.35

102.12%

Earnings per share (EPS)

499.16

0.00

499.16

Diluted Earnings per share

499.16

0.00

499.16

Operating Profit Margin (Excl OI)

5.32%

0.82%

0.00

4.50%

Gross Profit Margin

4.59%

1.24%

0.00

3.35%

PAT Margin

1.38%

0.74%

0.00

0.64%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Annual - Net Sales

Net Sales 3,12,386.01 Million

in Dec 2025

Figures in Million

YoY Growth in year ended Dec 2025 is 67.01% vs 68.61% in Dec 2024

Annual - Consolidate Net Profit

Consolidate Net Profit 4,729.93 Million

in Dec 2025

Figures in Million

YoY Growth in year ended Dec 2025 is 125.37% vs -1.12% in Dec 2024

Annual - Operating Profit (PBDIT)

Operating Profit (PBDIT) 23,840.76 Million

in Dec 2025

Figures in Million

YoY Growth in year ended Dec 2025 is 307.25% vs -25.43% in Dec 2024

Annual - Interest

Interest 10,933.04 Million

in Dec 2025

Figures in Million

YoY Growth in year ended Dec 2025 is 341.31% vs -8.65% in Dec 2024

Annual - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 5.32%

in Dec 2025

Figures in %

YoY Growth in year ended Dec 2025 has improved from Dec 2024