📋 Tender Overview
Vietnam Electricity Group (EVN) has just announced its audited consolidated financial statements for 2025. Download The parent company-EVNs profit after tax in 2025 will reach 39,762 billion VND, the accumulated loss by the end of 2025 of the parent company EVN will be 5,611 billion VND - Illustration According to EVN, the 2025 financial reports are prepared in accordance with accounting standards, Vietnamese corporate accounting regime and have been audited by Deloitte Vietnam Auditing Company Limited. According to the Companys separate financial statements Parent Company-EVN in 2025 has been audited, the parent company-EVNs after-tax profit in 2025 will reach 39,762 billion VND, the accumulated loss by the end of 2025 of the EVN Parent Company will be 5,611 billion VND. Meanwhile, according to the Consolidated Financial Report of the entire Group, the consolidated after-tax profit in 2025 will reach 51,881 billion VND, and there will be no more combined accumulated losses. most.EVN said the difference between the two profit figures comes from the accounting method. The consolidated report, in addition to the business results of the Parent Company, also includes the profits belonging to EVN at its subsidiaries and affiliated companies according to the capital ownership ratio. Therefore, EVN believes that the assessment of production and business efficiency needs to clearly distinguish the data of the Parent Company and the consolidated data of the entire group to ensure accuracy and consistency. Regarding information, EVN and its member units have a total bank deposit balance of about VND 152,000 billion at the end of the year. In 2025, EVN said this is the consolidated data of all units in the group, including the fields of power generation, power transmission, power distribution and ancillary services. According to EVN, compared to the short-term debt balance at the same time of more than 227,000 billion VND, the deposit level of 152,000 billion VND still cannot meet the immediate debt repayment to fuel suppliers (coal, oil, gas) and payment for purchases. electricity from power plants outside EVN (a total of more than 118,000 billion VND), in addition to having to repay due loans (more than 47,000 billion VND). This shows that the need for capital for investment and production and business of EVN and its member units is very large. Therefore, the deposit balance needs to be considered overall along with the liabilities of EVN and its member units. EVN emphasizes that maintaining the deposit balance is necessary so that EVN and its units have resources to serve production and business activities, ensuring the completion of assigned tasks. Specifically, power generation units need to have a large cash balance to open a Letter of Credit (L/C) to pay domestic or imported fuel suppliers. For the parent company, EVN needs to ensure monthly payments to outside investors who sell electricity to EVN. In addition, the loan balance of EVN and its units is very large, the short-term loan balance alone has reached 47,000 billion VND, requiring EVN to ensure its readiness to repay loans and ensure creditworthiness. To ensure long-term electricity supply, currently the construction investment needs of EVN and its units are very large, including many urgent and key power source and grid projects, requiring especially large investment capital. Therefore, EVN and its units must ensure adequate capital supply according to plan, with capital reserves in case of slow disbursement from credit capital sources to ensure the progress of assigned projects.ATTRefer moreHeat peak 2026: EVN deploys many solutions to ensure electricity supply, provide guidance on electricity savingRefer moreEVN and ADB promote cooperation in the field of energySee moreEVN deploys a series of key power projects in Nghe AnRefer moreEVN: Quang Trach 1 Thermal Power Plant marks an important technical milestone before operation See moreEVN proactively responds to fluctuations, ensuring electricity for the dry season
