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Dam Sen Water Park Q2 profit climbs 15.8% YOY

Dam Sen Water Park Corp. said its normalized net income for the second quarter came to 1,962.30 dong per share, an increase of 15.8% from 1,694.35 dong per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 23.71 billion dong, an increase of 15.8% from 20.47 billion dong in the prior-year period.

The normalized profit margin fell to 38.0% from 38.4% in the year-earlier period.

Total revenue climbed 17.0% year over year to 62.43 billion dong from 53.35 billion dong, and total operating expenses increased 15.4% on an annual basis to 26.22 billion dong from 22.72 billion dong.

Reported net income increased 17.4% year over year to 29.60 billion dong, or 2,448.95 dong per share, from 25.20 billion dong, or 2,085.61 dong per share.

As of July 20, US$1 was equivalent to 21,823.50 dong.