Binh Son Refining and Petrochemical JSC (HOSE:BSR)

HOSE:BSR Income Statement

Financials in millions VND. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	136,580,967	123,027,064	147,423,366	167,123,347	101,079,390	57,959,113
Revenue Growth (YoY)	1.32%	-16.55%	-11.79%	65.34%	74.40%	-43.63%
Cost of Revenue	136,432,425	122,535,994	137,663,838	151,233,160	93,346,556	60,173,726
Gross Profit	148,543	491,070	9,759,528	15,890,187	7,732,833	-2,214,614
Selling, General & Admin	1,345,996	1,213,443	1,655,598	1,420,620	1,187,004	819,987
Operating Expenses	1,345,996	1,213,443	1,655,598	1,420,620	1,187,004	819,987
Operating Income	-1,197,453	-722,373	8,103,930	14,469,567	6,545,829	-3,034,601
Interest Expense	-279,095	-260,793	-287,655	-253,213	-406,811	-326,063
Interest & Investment Income	1,186,899	1,248,584	1,599,955	1,663,877	1,016,877	665,824
Currency Exchange Gain (Loss)	340,786	57,840	199,381	-	-	-
Other Non Operating Income (Expenses)	-364,444	22,079	23,930	-581,327	-178,445	-147,595
EBT Excluding Unusual Items	-313,308	345,337	9,639,542	15,298,904	6,977,449	-2,842,434
Gain (Loss) on Sale of Investments	-214.68	-214.68	-206.56	-	-	-
Gain (Loss) on Sale of Assets	390,713	390,876	-	-	-	-
Pretax Income	77,191	735,999	9,639,335	15,298,904	6,977,449	-2,842,434
Income Tax Expense	123,693	144,907	1,046,756	904,982	304,383	5,770
Earnings From Continuing Operations	-46,502	591,092	8,592,579	14,393,922	6,673,066	-2,848,204
Minority Interest in Earnings	-3,147	40,039	57,193	56,497	31,476	39,223
Net Income	-49,649	631,131	8,649,771	14,450,419	6,704,542	-2,808,981
Preferred Dividends & Other Adjustments	-116,314	1,665	347,903	-	-	-
Net Income to Common	66,665	629,466	8,301,869	14,450,419	6,704,542	-2,808,981
Net Income Growth	-	-92.70%	-40.14%	115.53%	-	-
Shares Outstanding (Basic)	3,100	3,100	3,100	3,100	3,101	3,100
Shares Outstanding (Diluted)	3,100	3,100	3,100	3,100	3,101	3,100
Shares Change (YoY)	-	-	0.01%	-0.03%	0.02%	-8.71%
EPS (Basic)	21.50	203.02	2677.59	4661.00	2162.00	-906.00
EPS (Diluted)	21.50	203.02	2677.59	4661.00	2162.00	-906.00
EPS Growth	-99.07%	-92.42%	-42.55%	115.59%	-	-
Free Cash Flow	6,041,748	-601,379	11,443,760	5,942,959	8,408,262	149,773
Free Cash Flow Per Share	1948.64	-193.96	3690.94	1916.91	2711.39	48.31
Gross Margin	0.11%	0.40%	6.62%	9.51%	7.65%	-3.82%
Operating Margin	-0.88%	-0.59%	5.50%	8.66%	6.48%	-5.24%
Profit Margin	0.05%	0.51%	5.63%	8.65%	6.63%	-4.85%
Free Cash Flow Margin	4.42%	-0.49%	7.76%	3.56%	8.32%	0.26%
EBITDA	912,438	1,437,337	10,374,212	16,662,386	8,854,888	-482,622
EBITDA Margin	0.67%	1.17%	7.04%	9.97%	8.76%	-0.83%
D&A For EBITDA	2,109,891	2,159,710	2,270,282	2,192,820	2,309,059	2,551,979
EBIT	-1,197,453	-722,373	8,103,930	14,469,567	6,545,829	-3,034,601
EBIT Margin	-0.88%	-0.59%	5.50%	8.66%	6.48%	-5.24%
Effective Tax Rate	160.24%	19.69%	10.86%	5.92%	4.36%	-
Revenue as Reported	136,580,967	123,027,064	147,423,366	167,123,347	101,079,390	57,959,113

Source: S&P Global Market Intelligence. Standard template. Financial Sources.