EVN reported that its 2025 electricity production and business cost averaged about 2,092.7 VND per kWh, roughly 5% below the average retail price of 2,204.07 VND per kWh (excluding VAT) applied since May 10, 2025. Power generation made up nearly 83% of the total cost of 601,680 billion VND, though the article notes the gap does not directly reflect actual profit per kWh because the retail price applies from May while costs are calculated for the full year. EVN has cleared its accumulated losses on a consolidated basis after losing about 50,029 billion VND in 2022-2023, but the parent company still had accumulated losses of about 5,611 billion VND. In the first eight months, revenue exceeded 482,000 billion VND and estimated profit reached 12,215 billion VND, and the group expects a full-year profit above 13,500 billion VND. At the September government meeting, Prime Minister Lê Minh Hưng directed that electricity prices not be raised in the final months of 2026.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Giá sản xuất điện 2025 của EVN thấp hơn mức bán ra hơn 5%
Read the original on VnExpress ↗
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Related tickers and likely impact
NT2
• NeutralNhon Trach 2 Power
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Utilities |
| Industry | Electricity |
| Market cap | 6,952 bn VND |
| P/E | 4.8 |
| P/B | 1.28 |
| Close on 10/23/2026 | 24.10 |
| Change that session | -1.03% |
PPC
• NeutralPha Lai Thermal Power
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Utilities |
| Industry | Electricity |
| Market cap | 2,805 bn VND |
| P/E | 9.6 |
| P/B | 0.63 |
| Close on 10/23/2026 | 8.77 |
| Change that session | -0.45% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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