Thac Ba Hydropower JSC Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Million

Consolidate Quarterly Results

Sep'25

Jun'25

Mar'25

Dec'24

Sep'24

Jun'24

Mar'24

Net Sales

1,74,079.90

1,55,049.34

1,01,668.20

1,36,342.88

1,92,731.51

98,767.86

1,10,826.19

Other Operating Income

0.00

Total Operating income

1,74,079.90

1,55,049.34

1,01,668.20

1,36,342.88

1,92,731.51

98,767.86

1,10,826.19

Raw Material Cost

70,319.06

54,035.64

40,881.25

59,629.13

68,551.03

59,524.36

39,296.95

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

14,287.08

4,150.26

10,266.04

20,291.59

33,556.15

3,282.79

10,808.79

Power Cost

0.00

Manufacturing Expenses

52.64

2,685.02

562.89

908.10

1,172.79

1,434.28

1,688.63

Selling and Distribution Expenses

14,467.25

12,599.14

13,220.34

20,884.74

5,029.55

8,731.27

13,308.28

Other Expenses

-1,433.97

-683.53

-1,082.89

-2,119.97

-3,472.89

-471.71

-1,249.74

Total Expenditure (Excl Depreciation)

84,786.31

66,634.78

54,101.59

80,513.87

73,580.58

68,255.63

52,605.23

Operating Profit (PBDIT) excl Other Income

89293.6

88414.59999999999

47566.6

55829

119150.9

30512.199999999997

58221

Other Income

6,084.24

9,576.05

-129.66

3,784.52

1,175.62

4,057.94

2,446.47

Operating Profit (PBDIT)

1,14,801.13

1,16,112.59

68,758.35

76,239.02

1,37,231.21

55,618.63

81,673.36

Interest

52.64

2,685.02

562.89

908.10

1,172.79

1,434.28

1,688.63

Exceptional Items

0.00

Gross Profit (PBDT)

1,03,760.84

1,01,013.70

60,786.95

76,713.75

1,24,180.48

39,243.50

71,529.24

Depreciation

19,423.31

18,121.98

21,321.39

16,625.49

16,904.65

21,048.46

21,005.93

Profit Before Tax

95,325.18

95,305.59

46,874.06

58,705.43

1,19,153.76

33,135.89

58,978.80

Tax

14,258.75

13,277.37

6,869.56

9,894.41

19,823.50

2,928.19

8,706.78

Provisions and contingencies

0.00

Profit After Tax

65,311.62

60,712.41

28,903.41

39,532.34

84,569.53

14,764.71

39,160.97

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

65,311.62

60,712.41

28,903.41

39,532.34

84,569.53

14,764.71

39,160.97

Share in Profit of Associates

0.00

Minority Interest

15,754.81

21,315.82

11,101.09

9,278.68

14,760.74

15,442.99

11,111.05

Other related items

0.00

Consolidated Net Profit

81,066.43

82,028.23

40,004.50

48,811.02

99,330.26

30,207.70

50,272.02

Equity Capital

0.00

Face Value

10000.0

Reserves

11,94,413.74

11,29,102.12

10,27,732.12

10,76,065.54

10,68,283.20

10,47,213.67

10,33,203.67

Earnings per share (EPS)

1028.53

956.1

455.17

622.56

1331.8

232.52

616.71

Diluted Earnings per share

1028.53

956.1

455.17

622.56

1331.8

232.52

616.71

Operating Profit Margin (Excl OI)

51.29%

57.02%

46.79%

40.95%

61.82%

30.89%

52.53%

Gross Profit Margin

65.92%

73.16%

67.08%

55.25%

70.59%

54.86%

72.17%

PAT Margin

37.52%

39.16%

28.43%

28.99%

43.88%

14.95%

35.34%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - QoQ

Net Sales

QoQ Growth in quarter ended Sep 2025 is 12.27% vs 52.51% in Jun 2025

Consolidate Net Profit

QoQ Growth in quarter ended Sep 2025 is -1.17% vs 105.05% in Jun 2025

Operating Profit (PBDIT) excl Other Income

QoQ Growth in quarter ended Sep 2025 is 2.05% vs 54.65% in Jun 2025

Interest

QoQ Growth in quarter ended Sep 2025 is -98.04% vs 376.99% in Jun 2025

Operating Profit Margin (Excl OI)

QoQ Growth in quarter ended Sep 2025 has fallen from Jun 2025

Compare Quarterly Results Of Thac Ba Hydropower JSC With

Select Peers

Figures in Million

Consolidate Quarterly Results

Change(VND)

Change(%)

Net Sales

1,74,079.90

1,88,177.28

-14,097.38

-7.49%

Other Operating Income

0.00

Total Operating income

1,74,079.90

1,88,177.28

-14,097.38

-7.49%

Raw Material Cost

70,319.06

98,226.62

-27,907.56

-28.41%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

14,287.08

0.00

14,287.08

Power Cost

0.00

Manufacturing Expenses

52.64

581.05

-528.41

-90.94%

Selling and Distribution Expenses

14,467.25

26,801.13

-12,333.88

-46.02%

Other Expenses

-1,433.97

-58.11

-1,375.86

-2,367.68%

Total Expenditure (Excl Depreciation)

84,786.31

1,25,027.76

-40,241.45

-32.19%

Operating Profit (PBDIT) excl Other Income

89,293.58

63,149.52

26,144.06

41.40%

Other Income

6,084.24

4,484.70

1,599.54

35.67%

Operating Profit (PBDIT)

1,14,801.13

67,634.22

47,166.91

69.74%

Interest

52.64

581.05

-528.41

-90.94%

Exceptional Items

0.00

Gross Profit (PBDT)

1,03,760.84

89,950.65

13,810.19

15.35%

Depreciation

19,423.31

0.00

19,423.31

Profit Before Tax

95,325.18

67,053.16

28,272.02

42.16%

Tax

14,258.75

14,534.96

-276.21

-1.90%

Provisions and contingencies

0.00

Profit After Tax

65,311.62

52,518.20

12,793.42

24.36%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

65,311.62

52,518.20

12,793.42

24.36%

Share in Profit of Associates

0.00

Minority Interest

15,754.81

0.00

15,754.81

Other related items

0.00

Consolidated Net Profit

81,066.43

52,518.20

28,548.23

54.36%

Equity Capital

0.00

Face Value

10,000.00

0.00

Reserves

11,94,413.74

16,29,940.13

-4,35,526.39

-26.72%

Earnings per share (EPS)

1,028.53

0.00

1,028.53

Diluted Earnings per share

1,028.53

0.00

1,028.53

Operating Profit Margin (Excl OI)

51.29%

33.56%

0.00

17.73%

Gross Profit Margin

65.92%

35.63%

0.00

30.29%

PAT Margin

37.52%

27.91%

0.00

9.61%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Quarterly - Net Sales

Net Sales 17,407.99 Million

in Sep 2025

Figures in Million

QoQ Growth in quarter ended Sep 2025 is 12.27% vs 52.51% in Jun 2025

YoY Growth in quarter ended Sep 2025 is -9.68% vs 134.90% in Sep 2024

Quarterly - Consolidate Net Profit

Consolidate Net Profit 8,106.64 Million

in Sep 2025

Figures in Million

QoQ Growth in quarter ended Sep 2025 is -1.17% vs 105.05% in Jun 2025

YoY Growth in quarter ended Sep 2025 is -18.39% vs 326.52% in Sep 2024

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 10,871.69 Million

in Sep 2025

Figures in Million

QoQ Growth in quarter ended Sep 2025 is 2.05% vs 54.65% in Jun 2025

YoY Growth in quarter ended Sep 2025 is -20.09% vs 230.01% in Sep 2024

Quarterly - Interest

Interest 5.26 Million

in Sep 2025

Figures in Million

QoQ Growth in quarter ended Sep 2025 is -98.04% vs 376.99% in Jun 2025

YoY Growth in quarter ended Sep 2025 is -95.52% vs -47.40% in Sep 2024

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 51.29%

in Sep 2025

Figures in %

QoQ Growth in quarter ended Sep 2025 has fallen from Jun 2025

YoY Growth in quarter ended Sep 2025 has fallen from Sep 2024