Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
3,72,771.13
1,96,407.62
1,84,756.71
2,63,752.93
2,26,538.00
2,46,230.17
2,46,958.02
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
3,72,771.13
1,96,407.62
1,84,756.71
2,63,752.93
2,26,538.00
2,46,230.17
2,46,958.02
Raw Material Cost
3,44,314.67
1,67,535.39
1,47,166.67
2,25,581.27
1,94,264.11
2,09,599.64
2,06,239.12
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
11,987.35
12,151.99
15,007.46
17,260.26
14,516.79
12,723.89
12,991.41
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
5,288.14
4,263.51
5,769.42
5,208.06
3,790.48
1,026.39
19.26
Selling and Distribution Expenses
12,713.33
12,653.91
13,133.20
14,152.66
14,679.39
11,222.39
10,866.82
Other Expenses
-1,727.55
-1,641.55
-2,077.69
-2,246.83
-1,830.73
-1,375.03
-1,301.07
Total Expenditure (Excl Depreciation)
3,57,028.01
1,80,189.31
1,60,299.87
2,39,733.94
2,08,943.50
2,20,822.03
2,17,105.94
Operating Profit (PBDIT) excl Other Income
15743.099999999999
16218.3
24456.8
24019
17594.5
25408.1
29852.1
Other Income
13.57
-33.75
711.17
1,334.49
1,214.16
1,225.46
908.68
Operating Profit (PBDIT)
16,735.16
18,182.90
27,420.62
27,504.03
21,194.85
27,765.72
32,158.50
Interest
5,288.14
4,263.51
5,769.42
5,208.06
3,790.48
1,026.39
19.26
Exceptional Items
6,275.43
3,713.84
3,677.98
5,027.59
4,707.62
3,336.63
1,481.23
Gross Profit (PBDT)
28,456.45
28,872.23
37,590.04
38,171.65
32,273.90
36,630.52
40,718.90
Depreciation
2,001.13
2,261.92
2,756.06
2,779.73
2,898.16
1,587.06
1,397.74
Profit Before Tax
15,721.32
15,371.31
22,573.12
24,543.83
19,213.81
28,488.90
32,222.74
Tax
3,189.89
3,121.54
4,683.45
4,933.19
3,875.96
5,773.64
6,525.58
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
12,531.43
12,249.76
17,889.67
19,610.64
15,337.86
22,715.26
25,697.16
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
12,531.43
12,249.76
17,889.67
19,610.64
15,337.86
22,715.26
25,697.16
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
12,531.43
12,249.76
17,889.67
19,610.64
15,337.86
22,715.26
25,697.16
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
10000.0
10000.0
10000.0
10000.0
10000.0
10000.0
10000.0
Reserves
1,62,841.56
1,50,600.89
1,38,686.03
1,21,148.46
1,01,859.20
92,738.85
76,687.53
Earnings per share (EPS)
838.05
819.2
1196.37
1311.45
1034.88
1537.92
1759.88
Diluted Earnings per share
838.05
819.2
1196.37
1311.45
1034.88
1537.92
1759.88
Operating Profit Margin (Excl OI)
3.95%
8.12%
12.96%
8.87%
7.54%
10.13%
12.09%
Gross Profit Margin
4.75%
8.98%
13.71%
10.36%
9.76%
12.21%
13.61%
PAT Margin
3.36%
6.24%
9.68%
7.44%
6.77%
9.23%
10.41%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Dec 2025 is 89.79% vs 6.31% in Dec 2024
Consolidate Net Profit
YoY Growth in year ended Dec 2025 is 2.30% vs -31.53% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2025 is -8.21% vs -31.80% in Dec 2024
Interest
YoY Growth in year ended Dec 2025 is 24.03% vs -26.10% in Dec 2024
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2025 has fallen from Dec 2024
Compare Annual Results Of Son Ha Development of Renewable Energy JSC With
Figures in Million
Consolidate Annual Results
Change(VND)
Change(%)
Net Sales
3,72,771.13
4,14,732.22
-41,961.09
-10.12%
Other Operating Income
0.00
0.00
0.00
Total Operating income
3,72,771.13
4,14,732.22
-41,961.09
-10.12%
Raw Material Cost
3,44,314.67
3,28,576.83
15,737.84
4.79%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
11,987.35
0.00
11,987.35
Power Cost
0
0
0.00
Manufacturing Expenses
5,288.14
8,086.60
-2,798.46
-34.61%
Selling and Distribution Expenses
12,713.33
37,089.54
-24,376.21
-65.72%
Other Expenses
-1,727.55
-808.66
-918.89
-113.63%
Total Expenditure (Excl Depreciation)
3,57,028.01
3,65,666.37
-8,638.36
-2.36%
Operating Profit (PBDIT) excl Other Income
15,743.12
49,065.85
-33,322.73
-67.91%
Other Income
13.57
3,425.92
-3,412.35
-99.60%
Operating Profit (PBDIT)
16,735.16
55,723.24
-38,988.08
-69.97%
Interest
5,288.14
8,086.60
-2,798.46
-34.61%
Exceptional Items
6,275.43
0.00
6,275.43
Gross Profit (PBDT)
28,456.45
86,155.39
-57,698.94
-66.97%
Depreciation
2,001.13
3,231.47
-1,230.34
-38.07%
Profit Before Tax
15,721.32
44,405.17
-28,683.85
-64.60%
Tax
3,189.89
9,309.31
-6,119.42
-65.73%
Provisions and contingencies
0
0
0.00
Profit After Tax
12,531.43
35,095.86
-22,564.43
-64.29%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
12,531.43
35,095.86
-22,564.43
-64.29%
Share in Profit of Associates
0
0
0.00
Minority Interest
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
Consolidated Net Profit
12,531.43
35,095.86
-22,564.43
-64.29%
Equity Capital
0
0
0.00
Face Value
10,000.00
10,000.00
0.00
Reserves
1,62,841.56
1,57,585.26
5,256.30
3.34%
Earnings per share (EPS)
838.05
0.00
838.05
Diluted Earnings per share
838.05
0.00
838.05
Operating Profit Margin (Excl OI)
3.95%
11.83%
0.00
-7.88%
Gross Profit Margin
4.75%
11.49%
0.00
-6.74%
PAT Margin
3.36%
8.46%
0.00
-5.10%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 37,277.11 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 89.79% vs 6.31% in Dec 2024
Annual - Consolidate Net Profit
Consolidate Net Profit 1,253.14 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 2.30% vs -31.53% in Dec 2024
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 1,672.16 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -8.21% vs -31.80% in Dec 2024
Annual - Interest
Interest 528.81 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 24.03% vs -26.10% in Dec 2024
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 3.95%
in Dec 2025Figures in %
YoY Growth in year ended Dec 2025 has fallen from Dec 2024






