Thong Nhat JSC Income Statement

Financials in millions VND. Fiscal year is January - December.

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	122,097	110,181	72,990	74,523	232,290	171,906
Revenue Growth (YoY)	64.23%	50.95%	-2.06%	-67.92%	35.13%	-44.78%
Cost of Revenue	70,171	60,946	31,690	38,491	145,001	101,865
Gross Profit	51,926	49,235	41,300	36,031	87,288	70,041
Selling, General & Admin	16,917	17,501	20,123	22,196	26,059	24,086
Operating Expenses	16,917	17,501	20,123	22,196	26,059	24,086
Operating Income	35,009	31,734	21,176	13,835	61,229	45,955
Interest Expense	-	-7.7	-	-	-	-
Interest & Investment Income	13,351	13,354	12,373	23,022	14,578	15,933
Currency Exchange Gain (Loss)	0.04	0.04	0.11	0.08	-	-
Other Non Operating Income (Expenses)	283.4	249.52	282.88	-268.3	6,949	6,685
EBT Excluding Unusual Items	48,644	45,330	33,832	36,589	82,757	68,573
Gain (Loss) on Sale of Assets	-	-	32.94	-	-	-
Pretax Income	48,644	45,330	33,865	36,589	82,757	68,573
Income Tax Expense	10,033	9,505	7,286	7,823	18,098	8,240
Net Income	38,611	35,825	26,579	28,766	64,659	60,333
Preferred Dividends & Other Adjustments	1,791	1,791	480	5,057	-	-
Net Income to Common	36,820	34,033	26,099	23,709	64,659	60,333
Net Income Growth	45.64%	34.79%	-7.61%	-55.51%	7.17%	-58.56%
Shares Outstanding (Basic)	8	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8	8
Shares Change (YoY)	-	-	-	-0.00%	0.01%	-0.00%
EPS (Basic)	4490.20	4150.41	3182.77	2891.36	7885.00	7358.00
EPS (Diluted)	4490.20	4150.41	3182.77	2891.36	7885.00	7358.00
EPS Growth	41.44%	30.40%	10.08%	-63.33%	7.16%	-58.56%
Free Cash Flow	32,469	28,268	-7,448	-13,990	14,433	21,564
Free Cash Flow Per Share	3959.67	3447.36	-908.25	-1706.13	1760.08	2629.81
Dividend Per Share	-	-	2500.000	2500.000	5000.000	-
Dividend Growth	-	-	-	-50.00%	-	-
Gross Margin	42.53%	44.69%	56.58%	48.35%	37.58%	40.74%
Operating Margin	28.67%	28.80%	29.01%	18.57%	26.36%	26.73%
Profit Margin	30.16%	30.89%	35.76%	31.81%	27.83%	35.10%
Free Cash Flow Margin	26.59%	25.66%	-10.20%	-18.77%	6.21%	12.54%
EBITDA	47,526	44,252	34,033	27,830	74,093	58,710
EBITDA Margin	38.92%	40.16%	46.63%	37.34%	31.90%	34.15%
D&A For EBITDA	12,517	12,518	12,857	13,994	12,863	12,755
EBIT	35,009	31,734	21,176	13,835	61,229	45,955
EBIT Margin	28.67%	28.80%	29.01%	18.57%	26.36%	26.73%
Effective Tax Rate	20.63%	20.97%	21.52%	21.38%	21.87%	12.02%
Revenue as Reported	122,097	110,181	72,990	74,523	232,290	171,906

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.