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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	139,925,058	123,027,064	147,423,366	167,123,347	101,079,390	57,959,113
Revenue Growth (YoY)	8.48%	-16.55%	-11.79%	65.34%	74.40%	-43.63%
Cost of Revenue	137,310,923	122,535,994	137,663,838	151,233,160	93,346,556	60,173,726
Gross Profit	2,614,135	491,070	9,759,528	15,890,187	7,732,833	-2,214,614
Selling, General & Admin	1,393,797	1,213,443	1,655,598	1,420,620	1,187,004	819,987
Operating Expenses	1,393,797	1,213,443	1,655,598	1,420,620	1,187,004	819,987
Operating Income	1,220,337	-722,373	8,103,930	14,469,567	6,545,829	-3,034,601
Interest Expense	-129,647	-260,793	-287,655	-253,213	-406,811	-326,063
Interest & Investment Income	1,248,584	1,248,584	1,599,955	1,663,877	1,016,877	665,824
Currency Exchange Gain (Loss)	57,840	57,840	199,381	-	-	-
Other Non Operating Income (Expenses)	-330,172	22,079	23,930	-581,327	-178,445	-147,595
EBT Excluding Unusual Items	2,066,943	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	390,876	390,876	-	-	-	-
Pretax Income	2,457,604	735,999	9,639,335	15,298,904	6,977,449	-2,842,434
Income Tax Expense	386,245	144,907	1,046,756	904,982	304,383	5,770
Earnings From Continuing Operations	2,071,359	591,092	8,592,579	14,393,922	6,673,066	-2,848,204
Minority Interest in Earnings	-3,520	40,039	57,193	56,497	31,476	39,223
Net Income	2,067,839	631,131	8,649,771	14,450,419	6,704,542	-2,808,981
Preferred Dividends & Other Adjustments	1,665	1,665	347,903	-	-	-
Net Income to Common	2,066,174	629,466	8,301,869	14,450,419	6,704,542	-2,808,981
Net Income Growth	-33.99%	-92.70%	-40.14%	115.53%	-	-
Shares Outstanding (Basic)	4,250	5,007	5,007	5,007	5,008	5,007
Shares Outstanding (Diluted)	4,250	5,007	5,007	5,007	5,008	5,007
Shares Change (YoY)	-1.95%	-	0.01%	-0.03%	0.02%	-8.71%
EPS (Basic)	486.15	125.71	1657.95	2886.07	1338.70	-560.99
EPS (Diluted)	486.15	125.71	1657.95	2886.07	1338.70	-560.99
EPS Growth	-24.33%	-92.42%	-42.55%	115.59%	-	-
Free Cash Flow	-1,552,248	-601,379	11,443,760	5,942,959	8,408,262	149,773
Free Cash Flow Per Share	-365.23	-120.10	2285.41	1186.94	1678.88	29.91
Gross Margin	1.87%	0.40%	6.62%	9.51%	7.65%	-3.82%
Operating Margin	0.87%	-0.59%	5.50%	8.66%	6.48%	-5.24%
Profit Margin	1.48%	0.51%	5.63%	8.65%	6.63%	-4.85%
Free Cash Flow Margin	-1.11%	-0.49%	7.76%	3.56%	8.32%	0.26%
EBITDA	3,367,834	1,437,337	10,374,212	16,662,386	8,854,888	-482,622
EBITDA Margin	2.41%	1.17%	7.04%	9.97%	8.76%	-0.83%
D&A For EBITDA	2,147,497	2,159,710	2,270,282	2,192,820	2,309,059	2,551,979
EBIT	1,220,337	-722,373	8,103,930	14,469,567	6,545,829	-3,034,601
EBIT Margin	0.87%	-0.59%	5.50%	8.66%	6.48%	-5.24%
Effective Tax Rate	15.72%	19.69%	10.86%	5.92%	4.36%	-
Revenue as Reported	139,925,058	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.