Mien Trung Power Investment & Development 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

2,90,229.93

2,55,792.10

3,11,283.15

3,76,924.36

3,05,427.28

2,60,097.91

2,31,181.11

Other Operating Income

0.00

Total Operating income

2,90,229.93

2,55,792.10

3,11,283.15

3,76,924.36

3,05,427.28

2,60,097.91

2,31,181.11

Raw Material Cost

1,04,379.32

92,550.58

97,728.75

1,11,318.11

1,03,818.28

99,683.67

81,403.39

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

26,477.04

25,669.60

24,940.57

23,852.53

23,477.80

0.00

19,967.02

Power Cost

0.00

Manufacturing Expenses

2,984.12

456.06

1,539.84

6,106.58

14,465.34

21,134.93

23,210.63

Selling and Distribution Expenses

13,933.28

12,350.73

12,953.11

11,142.69

10,660.85

11,478.80

12,041.75

Other Expenses

-2,946.12

-2,612.57

-2,648.04

-2,995.91

-3,794.31

-2,113.49

-4,317.77

Total Expenditure (Excl Depreciation)

1,18,312.60

1,04,901.31

1,10,681.85

1,22,460.80

1,14,479.12

1,11,162.47

93,445.14

Operating Profit (PBDIT) excl Other Income

171917.3

150890.8

200601.30000000002

254463.6

190948.2

148935.40000000002

137736

Other Income

5,818.60

6,830.23

8,885.98

2,794.94

3,352.46

2,713.92

3,184.32

Operating Profit (PBDIT)

2,13,248.09

1,93,699.31

2,45,305.62

2,96,294.36

2,37,732.91

1,93,780.92

1,81,299.64

Interest

2,984.12

456.06

1,539.84

6,106.58

14,465.34

21,134.93

23,210.63

Exceptional Items

0.00

Gross Profit (PBDT)

1,85,850.61

1,63,241.53

2,13,554.41

2,65,606.25

2,01,609.01

1,60,414.24

1,49,777.72

Depreciation

35,583.16

36,049.98

35,824.34

39,065.79

43,468.00

42,157.96

40,379.35

Profit Before Tax

1,74,680.80

1,57,193.27

2,07,941.44

2,51,121.98

1,79,799.57

1,30,488.02

1,17,709.66

Tax

27,124.96

23,665.71

32,568.42

37,393.64

15,912.53

8,946.09

7,583.08

Provisions and contingencies

0.00

Profit After Tax

1,22,180.50

1,09,389.25

1,46,477.56

1,78,401.80

1,41,086.13

1,12,755.45

1,05,003.07

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

1,22,180.50

1,09,389.25

1,46,477.56

1,78,401.80

1,41,086.13

1,12,755.45

1,05,003.07

Share in Profit of Associates

0.00

Minority Interest

17,153.87

16,590.06

19,395.19

25,936.90

15,328.34

3,246.96

-446.49

Other related items

0.00

Consolidated Net Profit

1,39,334.37

1,25,979.31

1,65,872.75

2,04,338.70

1,56,414.47

1,16,002.41

1,04,556.57

Equity Capital

0.00

Face Value

10000.0

Reserves

5,04,771.21

4,97,790.60

4,87,601.25

4,94,723.54

4,23,737.67

3,89,332.99

3,99,285.94

Earnings per share (EPS)

3818.14

3418.42

4577.43

5575.06

4408.95

3523.61

3281.35

Diluted Earnings per share

3818.14

3418.42

4577.43

5575.06

4408.95

3523.61

3281.35

Operating Profit Margin (Excl OI)

59.21%

58.96%

64.44%

67.5%

62.51%

57.25%

59.58%

Gross Profit Margin

72.45%

75.55%

78.31%

76.99%

73.1%

66.38%

68.38%

PAT Margin

42.1%

42.76%

47.06%

47.33%

46.19%

43.35%

45.42%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Annual Analysis Highlights

Net Sales

YoY Growth in year ended Dec 2025 is 13.46% vs -17.83% in Dec 2024

Consolidate Net Profit

YoY Growth in year ended Dec 2025 is 10.60% vs -24.05% in Dec 2024

Operating Profit (PBDIT) excl Other Income

YoY Growth in year ended Dec 2025 is 11.00% vs -20.96% in Dec 2024

Interest

YoY Growth in year ended Dec 2025 is 554.26% vs -70.38% in Dec 2024

Operating Profit Margin (Excl OI)

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

Compare Annual Results Of Mien Trung Power Investment & Development JSC With

Select Peers

Figures in Million

Consolidate Annual Results

Change(VND)

Change(%)

Net Sales

2,90,229.93

7,34,110.26

-4,43,880.33

-60.47%

Other Operating Income

0.00

Total Operating income

2,90,229.93

7,34,110.26

-4,43,880.33

-60.47%

Raw Material Cost

1,04,379.32

3,13,204.98

-2,08,825.66

-66.67%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

26,477.04

33,643.96

-7,166.92

-21.30%

Power Cost

0.00

Manufacturing Expenses

2,984.12

1,46,104.60

-1,43,120.48

-97.96%

Selling and Distribution Expenses

13,933.28

24,358.35

-10,425.07

-42.80%

Other Expenses

-2,946.12

-17,974.86

15,028.74

83.61%

Total Expenditure (Excl Depreciation)

1,18,312.60

3,37,563.33

-2,19,250.73

-64.95%

Operating Profit (PBDIT) excl Other Income

1,71,917.32

396,546.93

-2,24,629.61

-56.65%

Other Income

5,818.60

-1,585.52

7,404.12

466.98%

Operating Profit (PBDIT)

2,13,248.09

6,11,885.14

-3,98,637.05

-65.15%

Interest

2,984.12

1,46,104.60

-1,43,120.48

-97.96%

Exceptional Items

0.00

Gross Profit (PBDT)

1,85,850.61

4,20,905.28

-2,35,054.67

-55.85%

Depreciation

35,583.16

2,16,927.73

-1,81,344.57

-83.60%

Profit Before Tax

1,74,680.80

2,48,852.81

-74,172.01

-29.81%

Tax

27,124.96

17,307.06

9,817.90

56.73%

Provisions and contingencies

0.00

Profit After Tax

1,22,180.50

1,96,988.58

-74,808.08

-37.98%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

1,22,180.50

1,96,988.58

-74,808.08

-37.98%

Share in Profit of Associates

0.00

Minority Interest

17,153.87

0.00

17,153.87

Other related items

0.00

Consolidated Net Profit

1,39,334.37

1,96,988.58

-57,654.21

-29.27%

Equity Capital

0.00

Face Value

10,000.00

0.00

Reserves

5,04,771.21

21,78,575.40

-16,73,804.19

-76.83%

Earnings per share (EPS)

3,818.14

1,103.20

2,714.94

246.10%

Diluted Earnings per share

3,818.14

1,103.20

2,714.94

246.10%

Operating Profit Margin (Excl OI)

59.21%

54.02%

0.00

5.19%

Gross Profit Margin

72.45%

63.45%

0.00

9.00%

PAT Margin

42.10%

26.83%

0.00

15.27%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Annual - Net Sales

Net Sales 29,022.99 Million

in Dec 2025

Figures in Million

YoY Growth in year ended Dec 2025 is 13.46% vs -17.83% in Dec 2024

Annual - Consolidate Net Profit

Consolidate Net Profit 13,933.44 Million

in Dec 2025

Figures in Million

YoY Growth in year ended Dec 2025 is 10.60% vs -24.05% in Dec 2024

Annual - Operating Profit (PBDIT)

Operating Profit (PBDIT) 20,742.95 Million

in Dec 2025

Figures in Million

YoY Growth in year ended Dec 2025 is 11.00% vs -20.96% in Dec 2024

Annual - Interest

Interest 298.41 Million

in Dec 2025

Figures in Million

YoY Growth in year ended Dec 2025 is 554.26% vs -70.38% in Dec 2024

Annual - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 59.21%

in Dec 2025

Figures in %

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