Vietnam Airlines JSC Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Million

Consolidate Quarterly Results

Jun'25

Mar'25

Dec'24

Sep'24

Jun'24

Mar'24

Dec'23

Net Sales

2,79,68,533.55

3,05,50,973.04

2,66,25,002.94

2,66,00,111.88

2,46,29,977.92

2,79,64,152.30

2,38,30,755.61

Other Operating Income

0.00

Total Operating income

2,79,68,533.55

3,05,50,973.04

2,66,25,002.94

2,66,00,111.88

2,46,29,977.92

2,79,64,152.30

2,38,30,755.61

Raw Material Cost

2,30,20,076.28

2,42,79,949.93

2,22,47,659.56

2,38,55,637.97

2,19,16,687.04

2,38,79,195.20

2,40,20,132.39

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

Power Cost

0.00

Manufacturing Expenses

2,97,377.04

4,19,273.39

9,42,564.63

6,31,023.73

6,44,817.42

6,50,666.05

6,04,909.92

Selling and Distribution Expenses

15,93,882.30

21,26,366.13

22,47,758.21

15,77,301.68

13,17,594.62

19,07,094.60

15,64,970.97

Other Expenses

-29,737.70

-41,927.34

-94,256.46

-63,102.37

-64,481.74

-65,066.61

-60,490.99

Total Expenditure (Excl Depreciation)

2,46,13,958.58

2,64,06,316.06

2,44,95,417.77

2,54,32,939.65

2,32,34,281.67

2,57,86,289.80

2,55,85,103.35

Operating Profit (PBDIT) excl Other Income

3354575

4144657

2129585.1999999997

1167172.2

1395696.3

2177862.5

-1754347.7

Other Income

927.94

-1,00,583.89

-40,298.88

4,38,928.10

-12,39,462.50

-29,234.91

4,39,491.90

Operating Profit (PBDIT)

45,80,543.11

52,64,264.25

33,40,106.01

28,72,116.32

14,41,615.48

34,41,256.10

35,033.02

Interest

2,97,377.04

4,19,273.39

9,42,564.63

6,31,023.73

6,44,817.42

6,50,666.05

6,04,909.92

Exceptional Items

0.00

0.07

16,34,759.30

30,30,315.60

0.00

Gross Profit (PBDT)

49,48,457.26

62,71,023.11

43,77,343.38

27,44,473.91

27,13,290.88

40,84,957.09

-1,89,376.77

Depreciation

12,25,040.21

12,20,191.16

12,50,819.71

12,66,015.98

12,85,381.72

12,92,628.51

13,49,888.86

Profit Before Tax

30,58,125.86

36,24,799.70

11,46,721.67

9,75,076.68

11,46,175.64

45,28,277.13

-19,19,765.76

Tax

1,35,229.97

1,38,781.43

1,43,038.41

1,12,968.16

1,11,469.90

87,152.75

62,492.78

Provisions and contingencies

0.00

Profit After Tax

28,22,542.86

34,00,942.86

9,21,280.74

7,67,870.69

9,33,820.50

43,34,445.06

-20,64,578.27

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

28,22,542.86

34,00,942.86

9,21,280.74

7,67,870.69

9,33,820.50

43,34,445.06

-20,64,578.27

Share in Profit of Associates

0.00

Minority Interest

1,00,353.03

85,075.41

82,402.52

94,237.84

1,00,885.24

1,06,679.33

82,319.72

Other related items

0.00

Consolidated Net Profit

29,22,895.89

34,86,018.27

10,03,683.25

8,62,108.53

10,34,705.74

44,41,124.38

-19,82,258.55

Equity Capital

0.00

Face Value

10000.0

Reserves

-37,62,771.27

-66,11,792.04

-1,00,16,715.15

-1,16,69,867.12

-1,22,17,915.33

-1,31,78,131.53

-1,75,15,195.38

Earnings per share (EPS)

1004.52

1210.36

327.87

273.28

332.34

1542.59

-734.76

Diluted Earnings per share

1004.52

1210.36

327.87

273.28

332.34

1542.59

-734.76

Operating Profit Margin (Excl OI)

11.99%

13.57%

8.0%

4.39%

5.67%

7.79%

-7.36%

Gross Profit Margin

15.31%

15.86%

9.0%

8.43%

9.87%

20.82%

-2.39%

PAT Margin

10.09%

11.13%

3.46%

2.89%

3.79%

15.5%

-8.66%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - QoQ

Net Sales

QoQ Growth in quarter ended Jun 2025 is -8.45% vs 14.75% in Mar 2025

Consolidate Net Profit

QoQ Growth in quarter ended Jun 2025 is -16.15% vs 247.32% in Mar 2025

Operating Profit (PBDIT) excl Other Income

QoQ Growth in quarter ended Jun 2025 is -14.64% vs 58.70% in Mar 2025

Interest

QoQ Growth in quarter ended Jun 2025 is -29.07% vs -55.52% in Mar 2025

Operating Profit Margin (Excl OI)

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

Compare Quarterly Results Of Vietnam Airlines JSC With

Select Peers

Figures in Million

Consolidate Quarterly Results

Change(VND)

Change(%)

Net Sales

2,79,68,533.55

1,78,85,303.71

1,00,83,229.84

56.38%

Other Operating Income

0.00

Total Operating income

2,79,68,533.55

1,78,85,303.71

1,00,83,229.84

56.38%

Raw Material Cost

2,30,20,076.28

1,54,68,335.10

75,51,741.18

48.82%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

Power Cost

0.00

Manufacturing Expenses

2,97,377.04

8,34,494.76

-5,37,117.72

-64.36%

Selling and Distribution Expenses

15,93,882.30

10,84,259.41

5,09,622.89

47.00%

Other Expenses

-29,737.70

-83,449.48

53,711.78

64.36%

Total Expenditure (Excl Depreciation)

2,46,13,958.58

1,65,52,594.51

80,61,364.07

48.70%

Operating Profit (PBDIT) excl Other Income

33,54,574.96

1,332,709.20

20,21,865.76

151.71%

Other Income

927.94

3,16,682.14

-3,15,754.20

-99.71%

Operating Profit (PBDIT)

45,80,543.11

19,24,764.94

26,55,778.17

137.98%

Interest

2,97,377.04

8,34,494.76

-5,37,117.72

-64.36%

Exceptional Items

0.00

Gross Profit (PBDT)

49,48,457.26

24,16,968.61

25,31,488.65

104.74%

Depreciation

12,25,040.21

2,75,373.60

9,49,666.61

344.86%

Profit Before Tax

30,58,125.86

8,14,896.58

22,43,229.28

275.28%

Tax

1,35,229.97

1,62,185.05

-26,955.08

-16.62%

Provisions and contingencies

0.00

Profit After Tax

28,22,542.86

6,52,431.85

21,70,111.01

332.62%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

28,22,542.86

6,52,431.85

21,70,111.01

332.62%

Share in Profit of Associates

0.00

Minority Interest

1,00,353.03

279.68

1,00,073.35

35,781.38%

Other related items

0.00

Consolidated Net Profit

29,22,895.89

6,52,711.53

22,70,184.36

347.81%

Equity Capital

0.00

Face Value

10,000.00

0.00

Reserves

-37,62,771.27

2,38,53,787.93

-2,76,16,559.20

-115.77%

Earnings per share (EPS)

1,004.52

1,102.80

-98.28

-8.91%

Diluted Earnings per share

1,004.52

1,102.80

-98.28

-8.91%

Operating Profit Margin (Excl OI)

11.99%

7.45%

0.00

4.54%

Gross Profit Margin

15.31%

6.10%

0.00

9.21%

PAT Margin

10.09%

3.65%

0.00

6.44%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Quarterly - Net Sales

Net Sales 27,96,853.35 Million

in Jun 2025

Figures in Million

QoQ Growth in quarter ended Jun 2025 is -8.45% vs 14.75% in Mar 2025

YoY Growth in quarter ended Jun 2025 is 13.55% vs 19.77% in Jun 2024

Quarterly - Consolidate Net Profit

Consolidate Net Profit 2,92,289.59 Million

in Jun 2025

Figures in Million

QoQ Growth in quarter ended Jun 2025 is -16.15% vs 247.32% in Mar 2025

YoY Growth in quarter ended Jun 2025 is 182.49% vs 179.92% in Jun 2024

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 4,57,961.52 Million

in Jun 2025

Figures in Million

QoQ Growth in quarter ended Jun 2025 is -14.64% vs 58.70% in Mar 2025

YoY Growth in quarter ended Jun 2025 is 70.81% vs 194.09% in Jun 2024

Quarterly - Interest

Interest 29,737.70 Million

in Jun 2025

Figures in Million

QoQ Growth in quarter ended Jun 2025 is -29.07% vs -55.52% in Mar 2025

YoY Growth in quarter ended Jun 2025 is -53.88% vs 33.56% in Jun 2024

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 11.99%

in Jun 2025

Figures in %

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

YoY Growth in quarter ended Jun 2025 has improved from Jun 2024