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	6,505	8,229	9,694
Depreciation & Amortization	1,208	1,484	831.79
Other Operating Expenses	1,056,890	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	210.27	57.8	195.66
Net Interest Expense	-161.35	-455.06	-555.63
Other Non-Operating Income (Expenses)	1,220	-1,529	1,073
EBT Excluding Unusual Items	69,320	51,596	48,076
Gain (Loss) on Sale of Investments	781.35	1,598	-
Pretax Income	70,102	53,194	48,076
Income Tax Expense	14,523	11,054	10,682
Net Income	55,579	42,141	37,394
Preferred Dividends & Other Adjustments	-90.91	-1,998	-4,571
Net Income to Common	55,670	44,139	41,965
Net Income Growth	31.89%	12.69%	-
Shares Outstanding (Basic)	10	10	10
Shares Outstanding (Diluted)	10	10	10
EPS (Basic)	5547.73	4398.61	4181.98
EPS (Diluted)	5547.73	4398.61	4181.98
EPS Growth	26.13%	5.18%	-
Free Cash Flow	51,044	16,055	26,418
Free Cash Flow Per Share	5086.72	1600.00	2632.64
Dividend Per Share	2500.000	2000.000	-
Dividend Growth	25.00%	-	-
Profit Margin	4.91%	4.71%	5.23%
Free Cash Flow Margin	4.51%	1.71%	3.29%
EBITDA	77,695	61,995	54,732
EBITDA Margin	6.86%	6.61%	6.82%
D&A For EBITDA	9,433	8,415	7,174
EBIT	68,262	53,580	47,558
EBIT Margin	6.03%	5.72%	5.93%
Effective Tax Rate	20.72%	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.