Haiphong Electricity Water Machine Assembly JSC (HNX:DNC)

HNX:DNC Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Revenue	1,132,865	937,409	802,483
Revenue Growth (YoY)	20.85%	16.81%	-
Selling, General & Admin	25,771	8,229	9,694
Depreciation & Amortization	-	1,484	831.79
Other Operating Expenses	1,038,833	874,116	744,398
Total Operating Expenses	1,064,604	883,829	754,925
Operating Income	68,262	53,580	47,558
Interest Expense	-371.62	-512.87	-751.29
Interest Income	991.62	1,598	-
Net Interest Expense	620	1,085	-751.29
Other Non-Operating Income (Expenses)	1,220	-1,471	1,269
EBT Excluding Unusual Items	70,102	53,194	48,076
Pretax Income	70,102	53,194	48,076
Income Tax Expense	14,520	11,054	10,682
Net Income	55,582	42,141	37,394
Preferred Dividends & Other Adjustments	-	-90.91	-4,571
Net Income to Common	55,582	42,231	41,965
Net Income Growth	31.90%	12.69%	-
Shares Outstanding (Basic)	10	9	10
Shares Outstanding (Diluted)	10	9	10
Shares Change (YoY)	15.65%	-13.53%	-
EPS (Basic)	5539.00	4867.27	4181.98
EPS (Diluted)	5539.00	4867.27	4181.98
EPS Growth	13.80%	16.39%	-
Free Cash Flow	26,077	16,055	26,418
Free Cash Flow Per Share	2598.66	1850.42	2632.64
Dividend Per Share	-	2000.000	-
Profit Margin	4.91%	4.50%	5.23%
Free Cash Flow Margin	2.30%	1.71%	3.29%
EBITDA	76,338	61,656	54,732
EBITDA Margin	6.74%	6.58%	6.82%
D&A For EBITDA	8,076	8,076	7,174
EBIT	68,262	53,580	47,558
EBIT Margin	6.03%	5.72%	5.93%
Effective Tax Rate	20.71%	20.78%	22.22%
Revenue as Reported	1,132,865	937,409	802,483

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.