VVMI La Hien Cement JSC Income Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	705,777	661,186	659,189	811,809	733,786
Revenue Growth (YoY)	6.74%	0.30%	-18.80%	10.63%	2.93%
Cost of Revenue	607,694	566,882	556,779	688,467	620,235
Gross Profit	98,082	94,304	102,409	123,341	113,550
Selling, General & Admin	52,137	50,318	47,393	54,828	44,116
Operating Expenses	52,137	50,318	47,393	54,828	44,116
Operating Income	45,945	43,986	55,017	68,514	69,435
Interest Expense	-	-63.58	-131.6	-195	-1,190
Interest & Investment Income	6,786	4,727	5,706	3,077	249.61
Other Non Operating Income (Expenses)	-454.21	-144.32	-358.41	-951.17	-110.79
Pretax Income	52,278	48,505	60,233	70,445	68,383
Income Tax Expense	10,652	9,826	13,115	14,410	13,895
Net Income	41,626	38,679	47,118	56,035	54,488
Preferred Dividends & Other Adjustments	11,626	11,079	15,918	-	-
Net Income to Common	30,000	27,600	31,200	56,035	54,488
Net Income Growth	7.62%	-17.91%	-15.91%	2.84%	18.85%
Shares Outstanding (Basic)	12	12	12	12	12
Shares Outstanding (Diluted)	12	12	12	12	12
Shares Change (YoY)	-	-	0.01%	-0.00%	10.81%
EPS (Basic)	2500.00	2300.00	2600.00	4670.00	4541.00
EPS (Diluted)	2500.00	2300.00	2600.00	4670.00	4541.00
EPS Growth	8.70%	-11.54%	-44.32%	2.84%	7.25%
Free Cash Flow	19,916	67,719	31,703	85,683	116,061
Free Cash Flow Per Share	1659.64	5643.27	2641.95	7140.95	9672.42
Dividend Per Share	-	2300.000	-	-	3500.000
Gross Margin	13.90%	14.26%	15.54%	15.19%	15.47%
Operating Margin	6.51%	6.65%	8.35%	8.44%	9.46%
Profit Margin	4.25%	4.17%	4.73%	6.90%	7.43%
Free Cash Flow Margin	2.82%	10.24%	4.81%	10.55%	15.82%
EBITDA	64,561	59,110	87,040	117,925	121,537
EBITDA Margin	9.15%	8.94%	13.20%	14.53%	16.56%
D&A For EBITDA	18,615	15,124	32,023	49,412	52,102
EBIT	45,945	43,986	55,017	68,514	69,435
EBIT Margin	6.51%	6.65%	8.35%	8.44%	9.46%
Effective Tax Rate	20.38%	20.26%	21.77%	20.46%	20.32%
Revenue as Reported	705,777	661,186	659,189	811,809	733,786

Source: S&P Global Market Intelligence. Standard template. Financial Sources.