Dry Cell and Storage Battery JSC (HOSE:PAC)

HOSE:PAC 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	Jan 1, 2023	Jan 1, 2022	Jan 1, 2021
Revenue	3,327,224	3,205,409	3,184,947	3,398,698	3,048,518	2,954,018
Revenue Growth (YoY)	4.57%	0.64%	-6.29%	11.49%	3.20%	-4.06%
Cost of Revenue	2,893,866	2,783,812	2,640,964	2,912,183	2,586,935	2,449,639
Gross Profit	433,358	421,596	543,983	486,515	461,583	504,379
Selling, General & Admin	247,331	243,839	372,954	249,129	273,415	301,999
Other Operating Expenses	-	-	-	4,009	-	-
Operating Expenses	247,331	243,839	372,954	253,139	273,415	301,999
Operating Income	186,027	177,758	171,029	233,377	188,167	202,380
Interest Expense	-40,790	-41,937	-59,363	-53,135	-45,932	-60,776
Interest & Investment Income	29,275	35,253	43,528	53,858	58,577	50,011
Currency Exchange Gain (Loss)	-4,490	-7,703	-1,384	-29,121	7,909	-2,793
Other Non Operating Income (Expenses)	2,035	941.4	515.22	-108.72	-1,249	631.92
EBT Excluding Unusual Items	172,056	164,312	154,325	204,870	207,472	189,454
Gain (Loss) on Sale of Assets	-	-	-	-	266.43	53.1
Pretax Income	172,056	164,312	154,325	204,870	222,412	189,507
Income Tax Expense	39,226	37,685	39,123	48,482	48,585	40,925
Net Income	132,830	126,627	115,202	156,388	173,827	148,583
Preferred Dividends & Other Adjustments	13,283	12,663	11,520	14,792	17,383	13,372
Net Income to Common	119,547	113,964	103,682	141,596	156,444	135,210
Net Income Growth	12.51%	9.92%	-26.33%	-10.03%	16.99%	-10.87%
Shares Outstanding (Basic)	70	70	70	70	70	70
Shares Outstanding (Diluted)	70	70	70	70	70	70
Shares Change (YoY)	-2.70%	-	-	-	-	-
EPS (Basic)	1714.98	1634.89	1487.39	2031.28	2244.29	1939.68
EPS (Diluted)	1714.98	1634.89	1487.39	2031.28	2244.29	1939.68
EPS Growth	13.38%	9.92%	-26.78%	-9.49%	15.70%	-9.88%
Free Cash Flow	-112,589	-26,927	151,431	-223,504	142,859	128,825
Free Cash Flow Per Share	-1615.16	-386.28	2172.38	-3206.30	2049.40	1848.07
Dividend Per Share	666.667	1000.000	1000.000	1133.333	1000.000	1000.000
Dividend Growth	-50.00%	-	-11.77%	13.33%	-	-25.00%
Gross Margin	13.03%	13.15%	17.08%	14.31%	15.14%	17.07%
Operating Margin	5.59%	5.55%	5.37%	6.87%	6.17%	6.85%
Profit Margin	3.59%	3.55%	3.26%	4.17%	5.13%	4.58%
Free Cash Flow Margin	-3.38%	-0.84%	4.75%	-6.58%	4.69%	4.36%
EBITDA	277,680	267,129	256,689	324,714	270,635	283,580
EBITDA Margin	8.35%	8.33%	8.06%	9.55%	8.88%	9.60%
D&A For EBITDA	91,653	89,371	85,660	91,337	82,468	81,200
EBIT	186,027	177,758	171,029	233,377	188,167	202,380
EBIT Margin	5.59%	5.55%	5.37%	6.87%	6.17%	6.85%
Effective Tax Rate	22.80%	22.93%	25.35%	23.66%	21.84%	21.59%
Revenue as Reported	3,327,224	3,205,409	3,184,947	3,398,698	3,048,518	2,954,018
Advertising Expenses	-	22,525	138,894	25,987	50,924	72,000

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