BSL

UPCOMConsumer Goods

Bia Sài Gòn - Sông Lam Joint Stock Company

Original Name: Công ty Cổ phần Bia Sài Gòn - Sông Lam

Reference Price12.900 ₫

Interactive Stock Chart

Exchange Ticker: UPCOM:BSL

Listing Information

Exchange MarketUPCOM

Live SectorBia rượu

First Trading Date16/06/2017

First Close Price₫23,800

Capital Structure

Charter Capital450 Billion VND

Listed Shares45,000,000

Outstanding Shares45,000,000

Treasury Shares-

Professional Advisors & Auditors

Independent Auditing History

Fiscal Year	Auditing Organization
2025	KPMG Vietnam Co., Ltd.
2024	KPMG Vietnam Co., Ltd.
2022	KPMG Vietnam Co., Ltd.
2021	KPMG Vietnam Co., Ltd.
2020	KPMG Vietnam Co., Ltd.
2019	KPMG Vietnam Co., Ltd.
2018	KPMG Vietnam Co., Ltd.

IPO & Listing Consultant

Securities Ngân hàng TMCP Ngoại thương Vietnam Co., Ltd.Listing Ticker Symbol: VCBS

Detailed Corporate Timeline & Sectors

Timeline of Establishment & Development:

Saigon - Song Lam Beer Joint Stock Company was established according to the joint stock company business registration certificate dated December 20, 2006 issued by the Department of Planning and Investment of Nghe An province with an initial charter capital of 250 billion VND; The Company's original headquarters is at 3 Tran Phu Street, Le Maio Ward, Vinh City, Nghe An Province;
On December 9, 2007, Saigon - Song Lam Brewery started construction in Ru Muu area in Nam Giang commune, Nam Dan district and Hung Dao commune, Hung Nguyen district, Nghe An province;
On July 13, 2009, the factory was officially built, officially going into operation to cook the first batch on August 12, 2010;
On December 12, 2014, the Company moved its headquarters address to Block 1, Hung Dao Commune, Hung Nguyen District, Nghe An Province;
On June 12, 2014, the Company received approval as a public company according to documents from the State Securities Commission;
Currently, Saigon - Song Lam Beer Joint Stock Company operates under the Joint Stock Company Business Registration Certificate No. 2900783332, changed for the 6th time on September 26, 2016 issued by the Department of Planning and Investment of Nghe An province with a charter capital of 450 billion VND.

Business Sectors:

Production of beer and malt with yeast;
Installation of plumbing, heating and air conditioning systems;
Installation of industrial machinery and equipment;
Manufacturing barrels, tanks and metal containers;
Some other professions according to the business registration certificate

Address: Block 1 - Hung Dao – Hung Nguyen – Nghe An

Phone: 02383.587.200 / Fax: 02383.587.226

Disclosure Officer:

Email: [email protected]

Website: http://sasobeco.com.vn/

Ratio / Financial Indicator	2022	2023	2024	2025
Earnings Per Share (EPS)	₫900	₫740	₫897	₫939
Price-to-Earnings (P/E)	14.33x	17.43x	14.38x	13.74x
Book Value Per Share (BVPS)	₫10,835	₫11,175	₫11,294	₫11,414
Price-to-Book (P/B)	1.19x	1.15x	1.14x	1.13x
Return on Equity (ROE)	8.31%	6.62%	7.94%	8.23%
Return on Assets (ROA)	6.55%	5.07%	6.29%	6.31%
Net Profit Margin	4.68%	4.12%	4.32%	4.75%
Debt-to-Equity Ratio	0.27	0.31	0.26	0.30
Current Ratio	2.12	2.52	3.31	3.39

Audited Financial Statements

Source: KB Securities (KBS) Datafeed • Updated dynamically

Show absolute values (VND)

Doanh thu thuần về bán hàng và cung cấp dịch vụNet revenue

+2.9% YoY

Lợi nhuận sau thuế thu nhập doanh nghiệpNet profit after tax

+4.3% YoY

TỔNG CỘNG TÀI SẢNTOTAL ASSETS

+8.2% YoY

Financial Indicator (VND)	2025	2024	2023	2022
1. Doanh thu bán hàng và cung cấp dịch vụ 1. Revenue	890,455,280,000	935,030,034,000	809,156,114,000	865,290,976,000
2. Các khoản giảm trừ doanh thu2. Deduction from revenue	-	-	-	-
3. Doanh thu thuần về bán hàng và cung cấp dịch vụ3. Net revenue	890,455,280,000	935,030,034,000	809,156,114,000	865,290,976,000
4. Giá vốn hàng bán 4. Cost of goods sold	838,326,916,000	878,826,374,000	762,442,770,000	795,840,318,000
5. Lợi nhuận gộp về bán hàng và cung cấp dịch vụ5. Gross profit	52,128,363,000	56,203,660,000	46,713,344,000	69,450,659,000
6. Lãi/Lỗ của hoạt động bán, thanh lý bất động sản đầu tư6. Gain/(Loss) on disposal of investment property	-	-	-	-
7. Doanh thu hoạt động tài chính 7. Financial income	15,144,079,000	11,780,143,000	14,292,459,000	5,306,395,000
8. Chi phí tài chính 8. Financial expenses	36,005,000	990,326,000	735,786,000	59,068,000
Trong đó: Chi phí đi vay Of which: Interest expense	36,005,000	990,326,000	735,786,000	59,068,000
8. Phần lãi/lỗ trong công ty liên doanh, liên kết8. Share of associates and joint ventures' result	-	-	-	-
9. Chi phí bán hàng 9. Selling expenses	281,938,000	1,263,271,000	-	1,198,893,000
10. Chi phí quản lý doanh nghiệp 10. General and administrative expenses	14,132,373,000	14,991,709,000	17,405,844,000	23,218,915,000
11. Lợi nhuận thuần từ hoạt động kinh doanh11. Operating profit	52,822,127,000	50,738,496,000	42,864,172,000	50,280,178,000
12. Thu nhập khác 12. Other income	965,758,000	3,724,000	45,204,000	670,557,000
13. Chi phí khác 13. Other expenses	697,573,000	-	711,686,000	2,804,000
14. Lợi nhuận khác14. Other profit	268,185,000	3,724,000	-666,482,000	667,753,000
Phần lợi nhuận/lỗ từ công ty liên kết liên doanhShare of associates and joint ventures' result	-	-	-	-
15. Tổng lợi nhuận kế toán trước thuế15. Profit before tax	53,090,312,000	50,742,221,000	42,197,690,000	50,947,931,000
16. Chi phí thuế TNDN hiện hành16. Current corporate income tax expenses	10,912,322,000	10,430,450,000	9,094,788,000	10,499,818,000
17. Chi phí thuế TNDN hoãn lại 17. Deferred income tax expenses (*)	-76,226,000	-51,927,000	-196,742,000	-56,854,000
18. Lợi nhuận sau thuế thu nhập doanh nghiệp18. Net profit after tax	42,254,215,000	40,363,698,000	33,299,644,000	40,504,967,000
Lợi ích của cổ đông thiểu sốMinority Interest	-	-	-	-
Lợi nhuận sau thuế của cổ đông của Công ty mẹProfit after tax for shareholders of parent company	42,254,215,000	40,363,698,000	33,299,644,000	40,504,967,000
19. Lãi cơ bản trên cổ phiếu (VNÐ)19. Earnings per share (VND)	836	808	658	818
20. Lãi suy giảm trên cổ phiếu (*)20. Diluted earnings per share	-	-	-	-

Data Source & Disclaimer

Data Source: Financial statement data is automatically aggregated from official disclosure feeds of listed companies through the analysis system of KB Securities Vietnam JSC (KB Securities).

Disclaimer: All financial data displayed on this website is provided for general reference purposes only. We make every effort to update accurate data but do not provide any warranty regarding its completeness or absolute reliability. The displayed figures do not constitute investment advice or an offer to trade securities. Users assume all risks and responsibilities for any financial decisions made based on the data on this website.

BSL

Bia Sài Gòn - Sông Lam Joint Stock Company

Interactive Stock Chart

Listing Information

Capital Structure

Professional Advisors & Auditors

Independent Auditing History

IPO & Listing Consultant

Detailed Corporate Timeline & Sectors

Key Financial Ratios (2025)

Historical Financial Metrics (YoY)

Financial Ratios Reference & Interpretation Guide

Audited Financial Statements

BSL — Financial Data Summary (2022–2025)

Executive Summary

Operating Performance & Profitability

Asset Structure & Financial Leverage

Cash Flow Quality