Binh Duong Water - Environment Corporation JSC (HOSE:BWE)

HOSE:BWE 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	Jan 1, 2024	Jan 1, 2023	Dec 31, 2021	Jan 1, 2021
Revenue	4,343,035	3,958,998	3,525,936	3,483,747	3,118,867	3,025,337
Revenue Growth (YoY)	11.46%	12.28%	1.21%	11.70%	3.09%	18.84%
Selling, General & Admin	688,587	643,577	583,937	502,155	470,267	489,059
Other Operating Expenses	2,405,264	2,265,245	1,962,321	2,062,680	1,804,086	1,789,259
Total Operating Expenses	3,093,851	2,908,822	2,546,258	2,564,835	2,274,353	2,278,318
Operating Income	1,249,184	1,050,176	979,678	918,912	844,514	747,019
Interest Expense	-493,612	-351,835	-344,397	-170,493	-177,849	-156,276
Interest Income	18,254	132,271	126,290	101,369	83,897	42,458
Net Interest Expense	-475,358	-219,564	-218,106	-69,123	-93,951	-113,818
Income (Loss) on Equity Investments	98,359	43,678	43,376	18,154	8,022	16,283
Currency Exchange Gain (Loss)	-47,740	-120,704	-50,115	-56,671	26,328	-16,498
Other Non-Operating Income (Expenses)	215,971	-17,852	7,298	23,003	14,333	5,077
EBT Excluding Unusual Items	1,040,415	735,734	762,131	834,273	799,246	638,063
Gain (Loss) on Sale of Investments	-	-	-	2,083	76,369	-41,827
Gain (Loss) on Sale of Assets	-	901.71	-229.07	1,111	-	-
Other Unusual Items	-	-	-	700	-11,948	-
Pretax Income	1,040,415	736,635	761,902	838,168	863,667	596,236
Income Tax Expense	142,494	76,055	79,921	91,608	108,524	60,806
Earnings From Continuing Ops.	897,922	660,581	681,982	746,560	755,142	535,430
Minority Interest in Earnings	-41,460	-21,652	-7,520	-3,717	-6,586	-46.28
Net Income	856,462	638,929	674,461	742,842	748,556	535,384
Preferred Dividends & Other Adjustments	55,086	108,618	114,658	126,283	127,255	107,077
Net Income to Common	801,376	530,311	559,803	616,559	621,302	428,307
Net Income Growth	32.85%	-5.27%	-9.21%	-0.76%	39.82%	12.41%
Shares Outstanding (Basic)	242	220	220	220	218	178
Shares Outstanding (Diluted)	242	220	220	220	218	178
Shares Change (YoY)	4.84%	-	-	1.04%	22.51%	3.90%
EPS (Basic)	3306.01	2411.29	2545.38	2803.45	2854.31	2410.61
EPS (Diluted)	3306.01	2411.29	2545.38	2803.45	2854.31	2410.61
EPS Growth	35.04%	-5.27%	-9.21%	-1.78%	18.41%	8.19%
Free Cash Flow	-330,908	105,960	114,130	477,984	122,084	-586,188
Free Cash Flow Per Share	-1365.13	481.79	518.94	2173.36	560.86	-3299.20
Dividend Per Share	-	-	1228.070	1140.351	1052.632	1052.632
Dividend Growth	-	-	7.69%	8.33%	-	20.00%
Profit Margin	18.45%	13.40%	15.88%	17.70%	19.92%	14.16%
Free Cash Flow Margin	-7.62%	2.68%	3.24%	13.72%	3.91%	-19.38%
EBITDA	1,891,463	1,685,363	1,525,339	1,398,168	1,328,310	1,213,057
EBITDA Margin	43.55%	42.57%	43.26%	40.13%	42.59%	40.10%
D&A For EBITDA	642,279	635,187	545,660	479,256	483,796	466,038
EBIT	1,249,184	1,050,176	979,678	918,912	844,514	747,019
EBIT Margin	28.76%	26.53%	27.79%	26.38%	27.08%	24.69%
Effective Tax Rate	13.70%	10.32%	10.49%	10.93%	12.57%	10.20%
Revenue as Reported	4,343,035	3,958,998	3,525,936	3,483,747	3,118,867	3,025,337

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