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	Jun 30, 2025	Dec 31, 2024	Jan 1, 2024	Jan 1, 2023	Dec 31, 2021	Jan 1, 2021
Revenue	4,382,341	3,958,998	3,525,936	3,483,747	3,118,867	3,025,337
Revenue Growth (YoY)	15.49%	12.28%	1.21%	11.70%	3.09%	18.84%
Selling, General & Admin	702,095	643,577	583,937	502,155	470,267	489,059
Other Operating Expenses	2,552,215	2,265,245	1,962,321	2,062,680	1,804,086	1,789,259
Total Operating Expenses	3,254,310	2,908,822	2,546,258	2,564,835	2,274,353	2,278,318
Operating Income	1,128,031	1,050,176	979,678	918,912	844,514	747,019
Interest Expense	-394,358	-351,835	-344,397	-170,493	-177,849	-156,276
Interest Income	177,928	132,271	126,290	101,369	83,897	42,458
Net Interest Expense	-216,430	-219,564	-218,106	-69,123	-93,951	-113,818
Income (Loss) on Equity Investments	108,369	43,678	43,376	18,154	8,022	16,283
Currency Exchange Gain (Loss)	-104,895	-120,704	-50,115	-56,671	26,328	-16,498
Other Non-Operating Income (Expenses)	-19,927	-17,852	7,298	23,003	14,333	5,077
EBT Excluding Unusual Items	895,148	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	9,284	901.71	-229.07	1,111	-	-
Other Unusual Items	-	-	-	700	-11,948	-
Pretax Income	904,432	736,635	761,902	838,168	863,667	596,236
Income Tax Expense	102,826	76,055	79,921	91,608	108,524	60,806
Earnings From Continuing Ops.	801,606	660,581	681,982	746,560	755,142	535,430
Minority Interest in Earnings	-34,559	-21,652	-7,520	-3,717	-6,586	-46.28
Net Income	767,046	638,929	674,461	742,842	748,556	535,384
Preferred Dividends & Other Adjustments	130,398	108,618	114,658	126,283	127,255	107,077
Net Income to Common	636,648	530,311	559,803	616,559	621,302	428,307
Net Income Growth	19.93%	-5.27%	-9.21%	-0.76%	39.82%	12.41%
Shares Outstanding (Basic)	220	220	220	220	218	178
Shares Outstanding (Diluted)	220	220	220	220	218	178
Shares Change (YoY)	-4.87%	-	-	1.04%	22.51%	3.90%
EPS (Basic)	2894.80	2411.29	2545.38	2803.45	2854.31	2410.61
EPS (Diluted)	2894.80	2411.29	2545.38	2803.45	2854.31	2410.61
EPS Growth	19.30%	-5.27%	-9.21%	-1.78%	18.41%	8.19%
Free Cash Flow	-205,362	105,960	114,130	477,984	122,084	-586,188
Free Cash Flow Per Share	-933.77	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	14.53%	13.40%	15.88%	17.70%	19.92%	14.16%
Free Cash Flow Margin	-4.69%	2.68%	3.24%	13.72%	3.91%	-19.38%
EBITDA	1,771,244	1,685,363	1,525,339	1,398,168	1,328,310	1,213,057
EBITDA Margin	40.42%	42.57%	43.26%	40.13%	42.59%	40.10%
D&A For EBITDA	643,213	635,187	545,660	479,256	483,796	466,038
EBIT	1,128,031	1,050,176	979,678	918,912	844,514	747,019
EBIT Margin	25.74%	26.53%	27.79%	26.38%	27.08%	24.69%
Effective Tax Rate	11.37%	10.32%	10.49%	10.93%	12.57%	10.20%
Revenue as Reported	4,382,341	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.