EVF, the Electric Power Finance Joint Stock Company, announced its Q4 2025 financial report, revealing a pre-tax profit of 1,104 billion dong. This represents a 57% increase over 2024. After corporate income tax, the company's 2025 after-tax profit reached 894,3 billion dong, exceeding the annual profit plan approved by shareholders by 15%. Earnings per share (EPS) stood at 1,123 dong. A company representative highlighted that these results demonstrate sustained growth, even amidst rising capital costs and competitive pressures across the industry. Total operating income for the year reached 2,214 billion dong, with a net interest margin (NIM) consistently at 3,06%, indicating stable profitability.
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Logo company. Photo: EVF
A significant contributor to EVF’s strong performance was its investment securities trading. By focusing on strategic capital contributions and acquiring shares in fundamentally sound businesses, while avoiding speculation and prioritizing risk control, investment activities generated nearly 171 billion dong in profit, an increase from 2024. Furthermore, EVF’s customer loan balance reached 61,745 billion dong as of 31/12/2025. Credit operations were carefully managed, balancing growth with safety.
Effective cost control was another crucial factor in maintaining positive results, according to a company representative. EVF's cost-to-income ratio (CIR) for 2025 was 12,67%, placing it among the lowest in the industry. This efficiency stems from a streamlined operational structure with nearly 300 staff, optimized processes, and extensive technology adoption in management, particularly in consumer and digital finance. Concurrently, the company's risk management and provisioning were cautiously implemented, ensuring the non-performing loan ratio remained controlled and compliant with State Bank of Vietnam regulations.
Beyond its financial achievements, EVF is pursuing a sustainable development strategy. This involves expanding credit to environmentally friendly sectors such as renewable energy, electric vehicles, and green production models, with a preference for women-led businesses. While the current scale of these initiatives is modest, this long-term approach aims to diversify EVF’s portfolio and secure access to preferential capital in the future.
A company representative stated that in a volatile industry landscape, maintaining business efficiency and exceeding profit targets provides a crucial foundation for EVF to enter 2026 proactively.
Hoang Dan
