Ba Ria Thermal Power JSC (HOSE:BTP)

Ba Ria Thermal Power JSC 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	269,915	357,407	779,821	513,492	1,212,907	750,177
Revenue Growth (YoY)	-17.28%	-54.17%	51.87%	-57.66%	61.68%	-60.41%
Selling, General & Admin	36,902	39,948	37,325	33,979	37,144	28,926
Other Operating Expenses	231,550	343,888	767,355	480,715	1,145,618	656,578
Total Operating Expenses	268,451	383,836	804,680	514,694	1,182,762	685,504
Operating Income	1,464	-26,429	-24,859	-1,202	30,145	64,673
Interest Expense	-3,031	-3,975	-5,262	8,678	-8,274	-10,264
Interest Income	48,975	58,173	97,661	59,173	81,965	68,394
Net Interest Expense	45,944	54,198	92,399	67,851	73,691	58,130
Currency Exchange Gain (Loss)	4,935	16,180	5,085	11,482	39,083	-20,004
Other Non-Operating Income (Expenses)	-1,046	-1,133	270.37	154.91	185.01	116.72
EBT Excluding Unusual Items	51,297	42,817	72,896	78,286	143,104	102,915
Gain (Loss) on Sale of Investments	-	-	-	-	6,224	-6,224
Pretax Income	51,297	42,817	72,896	78,286	149,328	96,691
Income Tax Expense	1,306	-	1,075	7,542	22,110	15,761
Net Income	49,991	42,817	71,821	70,744	127,218	80,930
Preferred Dividends & Other Adjustments	-	-	12,313	11,207	12,133	8,609
Net Income to Common	49,991	42,817	59,508	59,537	115,085	72,321
Net Income Growth	68.36%	-40.38%	1.52%	-44.39%	57.19%	-55.64%
Shares Outstanding (Basic)	60	60	60	60	60	60
Shares Outstanding (Diluted)	60	60	60	60	60	60
EPS (Basic)	826.49	707.88	983.85	984.32	1902.68	1195.67
EPS (Diluted)	826.49	707.88	983.85	984.32	1902.68	1195.67
EPS Growth	187.64%	-28.05%	-0.05%	-48.27%	59.13%	-55.88%
Free Cash Flow	94,768	84,727	53,930	-75,981	-153,731	302,646
Free Cash Flow Per Share	1566.78	1400.78	891.62	-1256.19	-2541.62	5003.60
Dividend Per Share	-	-	3127.000	1200.000	1500.000	1100.000
Dividend Growth	-	-	160.58%	-20.00%	36.36%	-
Profit Margin	18.52%	11.98%	7.63%	11.59%	9.49%	9.64%
Free Cash Flow Margin	35.11%	23.71%	6.92%	-14.80%	-12.68%	40.34%
EBITDA	53,854	27,380	29,461	47,545	71,718	105,034
EBITDA Margin	19.95%	7.66%	3.78%	9.26%	5.91%	14.00%
D&A For EBITDA	52,391	53,808	54,319	48,747	41,573	40,361
EBIT	1,464	-26,429	-24,859	-1,202	30,145	64,673
EBIT Margin	0.54%	-7.39%	-3.19%	-0.23%	2.48%	8.62%
Effective Tax Rate	2.55%	-	1.47%	9.63%	14.81%	16.30%
Revenue as Reported	269,915	357,407	779,821	513,492	-	750,177

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