PetroVietnam Power Nhon Trach 2 JSC (HOSE:NT2)

HOSE:NT2 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	Jan 1, 2021
Revenue	7,003,661	5,943,679	6,385,885	8,787,691	6,149,584	6,082,248
Revenue Growth (YoY)	56.74%	-6.93%	-27.33%	42.90%	1.11%	-20.53%
Operations & Maintenance	536.74	796.3	924.77	1,452	-	-
Selling, General & Admin	38,833	36,267	39,968	40,891	30,374	38,996
Depreciation & Amortization	6,598	6,726	6,765	8,151	8,034	9,461
Provision for Bad Debts	-	-	-16,900	41,216	-	-
Other Operating Expenses	6,487,273	5,929,544	5,913,837	7,745,887	5,518,292	5,224,037
Total Operating Expenses	6,533,241	5,973,333	5,944,595	7,837,599	5,556,700	5,272,493
Operating Income	470,420	-29,655	441,290	950,093	592,883	809,755
Interest Expense	-51,684	-34,930	-33,843	-15,367	-20,346	-38,282
Interest Income	126,779	94,659	98,683	20,507	10,721	17,378
Net Interest Expense	75,094	59,729	64,839	5,140	-9,625	-20,904
Currency Exchange Gain (Loss)	1,493	1,558	7,547	1,640	2,953	-51,381
Other Non-Operating Income (Expenses)	1,234	72,324	-74.2	-13,837	-20,372	-74,195
EBT Excluding Unusual Items	548,241	103,957	513,602	943,036	565,839	663,276
Pretax Income	548,241	103,957	513,602	943,036	565,839	663,276
Income Tax Expense	66,162	21,063	40,525	59,618	32,050	38,032
Net Income	482,079	82,894	473,077	883,417	533,789	625,244
Preferred Dividends & Other Adjustments	17,475	3,400	28,150	31,379	28,154	22,000
Net Income to Common	464,604	79,494	444,927	852,038	505,635	603,244
Net Income Growth	735.59%	-82.48%	-46.45%	65.50%	-14.63%	-17.09%
Shares Outstanding (Basic)	288	288	288	288	288	288
Shares Outstanding (Diluted)	288	288	288	288	288	288
Shares Change (YoY)	1.13%	-	-	-	-	-
EPS (Basic)	1613.90	276.14	1545.55	2959.74	1756.43	2095.50
EPS (Diluted)	1613.90	276.14	1545.55	2959.74	1756.43	2095.50
EPS Growth	806.95%	-82.13%	-47.78%	68.51%	-16.18%	-17.52%
Free Cash Flow	875,465	524,152	853,188	1,381,952	1,071,440	1,221,124
Free Cash Flow Per Share	3041.12	1820.75	2963.74	4800.51	3721.88	4241.84
Dividend Per Share	-	-	1500.000	2500.000	1650.000	2000.000
Dividend Growth	-	-	-40.00%	51.52%	-17.50%	-20.00%
Profit Margin	6.63%	1.34%	6.97%	9.70%	8.22%	9.92%
Free Cash Flow Margin	12.50%	8.82%	13.36%	15.73%	17.42%	20.08%
EBITDA	1,157,287	657,260	1,128,503	1,638,931	1,283,348	1,502,401
EBITDA Margin	16.52%	11.06%	17.67%	18.65%	20.87%	24.70%
D&A For EBITDA	686,867	686,914	687,213	688,838	690,464	692,646
EBIT	470,420	-29,655	441,290	950,093	592,883	809,755
EBIT Margin	6.72%	-0.50%	6.91%	10.81%	9.64%	13.31%
Effective Tax Rate	12.07%	20.26%	7.89%	6.32%	5.66%	5.73%
Revenue as Reported	7,003,661	5,943,679	6,385,885	8,787,691	6,149,584	6,082,248

Updated Jan 20, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.