Vinh Son Song Hinh 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

5,56,004.93

5,01,571.29

6,24,620.28

6,66,749.30

3,96,328.86

4,12,543.09

3,49,517.85

Other Operating Income

0.00

Total Operating income

5,56,004.93

5,01,571.29

6,24,620.28

6,66,749.30

3,96,328.86

4,12,543.09

3,49,517.85

Raw Material Cost

2,62,444.19

2,50,313.58

2,69,494.68

2,51,125.95

2,37,993.62

2,31,979.53

2,31,148.64

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

25,946.03

9,672.00

32,484.08

25,690.96

20,094.66

19,851.91

19,957.20

Power Cost

0.00

Manufacturing Expenses

49,073.36

52,088.02

54,649.16

61,102.00

65,199.25

73,981.55

97,833.44

Selling and Distribution Expenses

12,971.07

8,482.43

23,392.27

15,294.42

10,686.01

11,167.08

9,167.25

Other Expenses

-7,501.94

-6,176.00

-8,713.32

-8,679.30

-8,529.39

-9,383.35

-11,779.06

Total Expenditure (Excl Depreciation)

2,75,415.26

2,58,796.01

2,92,886.95

2,66,420.37

2,48,679.63

2,43,146.61

2,40,315.89

Operating Profit (PBDIT) excl Other Income

280589.7

242775.3

331733.30000000005

400328.9

147649.2

169396.5

109202

Other Income

305.53

-940.06

22,073.65

4,152.63

6,054.93

-6,819.48

-9,166.40

Operating Profit (PBDIT)

4,28,499.86

3,88,486.52

5,01,368.70

5,52,163.75

3,01,340.29

3,09,306.70

2,47,179.05

Interest

49,073.36

52,088.02

54,649.16

61,102.00

65,199.25

73,981.55

97,833.44

Exceptional Items

0.00

Gross Profit (PBDT)

2,93,560.74

2,51,257.72

3,55,125.59

4,15,623.35

1,58,335.24

1,80,563.56

1,18,369.21

Depreciation

1,47,652.11

1,47,614.50

1,47,605.15

1,47,784.06

1,47,658.25

1,47,342.39

1,47,175.77

Profit Before Tax

2,31,774.39

1,88,784.00

2,99,114.38

3,43,277.68

88,482.79

87,982.76

2,169.84

Tax

20,494.17

22,528.09

30,422.50

41,854.60

10,500.86

20,828.61

399.55

Provisions and contingencies

0.00

Profit After Tax

2,11,280.22

1,66,255.91

2,68,691.88

3,01,423.08

77,981.93

67,154.16

1,770.30

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

2,11,280.22

1,66,255.91

2,68,691.88

3,01,423.08

77,981.93

67,154.16

1,770.30

Share in Profit of Associates

0.00

Minority Interest

0.00

Other related items

0.00

Consolidated Net Profit

2,11,280.22

1,66,255.91

2,68,691.88

3,01,423.08

77,981.93

67,154.16

1,770.30

Equity Capital

0.00

Face Value

10000.0

Reserves

49,69,634.57

49,94,595.60

48,28,339.69

46,83,300.43

47,36,239.22

46,58,257.29

45,96,635.13

Earnings per share (EPS)

894.34

703.75

1137.36

1275.91

330.09

284.26

7.49

Diluted Earnings per share

894.34

703.75

1137.36

1275.91

330.09

284.26

7.49

Operating Profit Margin (Excl OI)

50.46%

48.21%

53.1%

60.03%

37.25%

40.91%

31.23%

Gross Profit Margin

68.24%

67.07%

71.52%

73.65%

59.58%

57.04%

42.73%

PAT Margin

38.0%

33.15%

43.02%

45.21%

19.68%

16.28%

0.51%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - QoQ

Net Sales

QoQ Growth in quarter ended Sep 2025 is 10.85% vs -19.70% in Jun 2025

Consolidate Net Profit

QoQ Growth in quarter ended Sep 2025 is 27.08% vs -38.12% in Jun 2025

Operating Profit (PBDIT) excl Other Income

QoQ Growth in quarter ended Sep 2025 is 9.96% vs -18.75% in Jun 2025

Interest

QoQ Growth in quarter ended Sep 2025 is -5.79% vs -4.69% in Jun 2025

Operating Profit Margin (Excl OI)

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

Compare Quarterly Results Of Vinh Son Song Hinh Hydropower JSC With

Select Peers

Figures in Million

Consolidate Quarterly Results

Change(VND)

Change(%)

Net Sales

5,56,004.93

21,60,138.11

-16,04,133.18

-74.26%

Other Operating Income

0.00

Total Operating income

5,56,004.93

21,60,138.11

-16,04,133.18

-74.26%

Raw Material Cost

2,62,444.19

14,53,163.13

-11,90,718.94

-81.94%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

25,946.03

0.00

25,946.03

Power Cost

0.00

Manufacturing Expenses

49,073.36

42,472.23

6,601.13

15.54%

Selling and Distribution Expenses

12,971.07

1,10,731.35

-97,760.28

-88.29%

Other Expenses

-7,501.94

-4,247.22

-3,254.72

-76.63%

Total Expenditure (Excl Depreciation)

2,75,415.26

15,63,894.48

-12,88,479.22

-82.39%

Operating Profit (PBDIT) excl Other Income

2,80,589.67

596,243.63

-3,15,653.96

-52.94%

Other Income

305.53

1,05,448.18

-1,05,142.65

-99.71%

Operating Profit (PBDIT)

4,28,499.86

7,01,691.82

-2,73,191.96

-38.93%

Interest

49,073.36

42,472.23

6,601.13

15.54%

Exceptional Items

0.00

Gross Profit (PBDT)

2,93,560.74

7,06,974.98

-4,13,414.24

-58.48%

Depreciation

1,47,652.11

0.00

1,47,652.11

Profit Before Tax

2,31,774.39

6,59,219.59

-4,27,445.20

-64.84%

Tax

20,494.17

1,19,224.47

-98,730.30

-82.81%

Provisions and contingencies

0.00

Profit After Tax

2,11,280.22

4,49,103.57

-2,37,823.35

-52.96%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

2,11,280.22

4,49,103.57

-2,37,823.35

-52.96%

Share in Profit of Associates

0.00

Minority Interest

0.00

90,891.55

-90,891.55

-100.00%

Other related items

0.00

Consolidated Net Profit

2,11,280.22

5,39,995.12

-3,28,714.90

-60.87%

Equity Capital

0.00

Face Value

10,000.00

0.00

Reserves

49,69,634.57

64,59,374.16

-14,89,739.59

-23.06%

Earnings per share (EPS)

894.34

1,183.00

-288.66

-24.40%

Diluted Earnings per share

894.34

1,183.00

-288.66

-24.40%

Operating Profit Margin (Excl OI)

50.46%

27.60%

0.00

22.86%

Gross Profit Margin

68.24%

30.52%

0.00

37.72%

PAT Margin

38.00%

20.79%

0.00

17.21%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Quarterly - Net Sales

Net Sales 55,600.49 Million

in Sep 2025

Figures in Million

QoQ Growth in quarter ended Sep 2025 is 10.85% vs -19.70% in Jun 2025

YoY Growth in quarter ended Sep 2025 is 40.29% vs 3.71% in Sep 2024

Quarterly - Consolidate Net Profit

Consolidate Net Profit 21,128.02 Million

in Sep 2025

Figures in Million

QoQ Growth in quarter ended Sep 2025 is 27.08% vs -38.12% in Jun 2025

YoY Growth in quarter ended Sep 2025 is 170.93% vs 204.64% in Sep 2024

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 42,819.43 Million

in Sep 2025

Figures in Million

QoQ Growth in quarter ended Sep 2025 is 9.96% vs -18.75% in Jun 2025

YoY Growth in quarter ended Sep 2025 is 45.01% vs -0.03% in Sep 2024

Quarterly - Interest

Interest 4,907.34 Million

in Sep 2025

Figures in Million

QoQ Growth in quarter ended Sep 2025 is -5.79% vs -4.69% in Jun 2025

YoY Growth in quarter ended Sep 2025 is -24.73% vs -31.04% in Sep 2024

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 50.46%

in Sep 2025

Figures in %

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

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