공고 • Jul 10
Power Generation Joint Stock Corporation 3 announces Annual dividend, payable on August 20, 2026 Power Generation Joint Stock Corporation 3 announced Annual dividend of VND 1000.0000 per share payable on August 20, 2026, ex-date on July 24, 2026 and record date on July 27, 2026. 공고 • May 11
Power Generation Joint Stock Corporation 3, Annual General Meeting, Jun 11, 2026 Power Generation Joint Stock Corporation 3, Annual General Meeting, Jun 11, 2026, at 08:30 SE Asia Standard Time. Location: lotte hotel saigon, no. 2a-4a ton duc thang street, sai gon ward, ho chi minh Vietnam Reported Earnings • May 05
First quarter 2026 earnings released: EPS: ₫649 (vs ₫86.00 in 1Q 2025) First quarter 2026 results: EPS: ₫649 (up from ₫86.00 in 1Q 2025). Revenue: ₫10t (down 2.3% from 1Q 2025). Net income: ₫729.6b (up ₫633.4b from 1Q 2025). Profit margin: 7.0% (up from 0.9% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 05
Full year 2025 earnings released: EPS: ₫3,312 (vs ₫782 loss in FY 2024) Full year 2025 results: EPS: ₫3,312 (up from ₫782 loss in FY 2024). Revenue: ₫44t (up 7.1% from FY 2024). Net income: ₫3.72t (up ₫4.60t from FY 2024). Profit margin: 8.5% (up from net loss in FY 2024). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • Nov 03
Third quarter 2025 earnings released: EPS: ₫147 (vs ₫393 loss in 3Q 2024) Third quarter 2025 results: EPS: ₫147 (up from ₫393 loss in 3Q 2024). Revenue: ₫8.35t (down 26% from 3Q 2024). Net income: ₫165.5b (up ₫607.4b from 3Q 2024). Profit margin: 2.0% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 05
Second quarter 2025 earnings released: EPS: ₫785 (vs ₫162 loss in 2Q 2024) Second quarter 2025 results: EPS: ₫785 (up from ₫162 loss in 2Q 2024). Revenue: ₫12t (up 20% from 2Q 2024). Net income: ₫881.6b (up ₫1.06t from 2Q 2024). Profit margin: 7.4% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. 공고 • May 13
Power Generation Joint Stock Corporation 3, Annual General Meeting, Jun 10, 2025 Power Generation Joint Stock Corporation 3, Annual General Meeting, Jun 10, 2025, at 08:30 SE Asia Standard Time. Location: lotte hotel saigon, no. 2a-4a ton duc thang street, ben nghe ward, district 1, ho chi minh city, Vietnam Reported Earnings • Apr 06
Full year 2024 earnings released: ₫782 loss per share (vs ₫783 profit in FY 2023) Full year 2024 results: ₫782 loss per share (down from ₫783 profit in FY 2023). Revenue: ₫41t (down 11% from FY 2023). Net loss: ₫878.4b (down 200% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance. Reported Earnings • Jan 27
Full year 2024 earnings released: ₫802 loss per share (vs ₫948 profit in FY 2023) Full year 2024 results: ₫802 loss per share (down from ₫948 profit in FY 2023). Revenue: ₫41t (down 11% from FY 2023). Net loss: ₫900.7b (down 185% from profit in FY 2023). New Risk • Nov 05
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.3% net profit margin). Buy Or Sell Opportunity • Jul 22
Now 23% undervalued Over the last 90 days, the stock has risen 14% to ₫22,600. The fair value is estimated to be ₫29,389, however this is not to be taken as a buy recommendation but rather should be used as a guide only. 공고 • May 10
Power Generation Joint Stock Corporation 3, Annual General Meeting, May 30, 2024 Power Generation Joint Stock Corporation 3, Annual General Meeting, May 30, 2024, at 08:30 SE Asia Standard Time. Location: lotte saigon hotel, no.2a-4a, ton duc thang street, ben nghe ward, district 1, hcmc Vietnam 공고 • Dec 22
Power Generation Joint Stock Corporation 3 Approves the Dividend Payment, Payable on March 4, 2024 Power Generation Joint Stock Corporation 3 approved to pay for the 2023 dividend in cash: Record date: December 29, 2023, Payment date: March 4, 2024, Dividend pay-out ratio: 6.7% (VND 666/share). Upcoming Dividend • Dec 21
Upcoming dividend of ₫666 per share at 8.4% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 04 March 2024. Trailing yield: 8.4%. Lower than top quartile of Vietnamese dividend payers (8.9%). In line with average of industry peers (8.3%). Upcoming Dividend • Aug 31
Upcoming dividend of ₫1,450 per share at 6.8% yield Eligible shareholders must have bought the stock before 07 September 2023. Payment date: 05 October 2023. Trailing yield: 6.8%. Lower than top quartile of Vietnamese dividend payers (8.6%). In line with average of industry peers (7.3%). Upcoming Dividend • Dec 20
Upcoming dividend of ₫550 per share Eligible shareholders must have bought the stock before 27 December 2022. Payment date: 10 February 2023. Trailing yield: 6.2%. Lower than top quartile of Vietnamese dividend payers (9.1%). In line with average of industry peers (6.8%). 
