Nam Mu Hydropower 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	121,980	149,000	158,625	177,266	165,837
Revenue Growth (YoY)	-18.13%	-6.07%	-10.52%	6.89%	-12.24%
Selling, General & Admin	10,194	9,860	9,926	9,251	8,645
Other Operating Expenses	68,236	83,823	84,678	98,600	92,834
Total Operating Expenses	78,430	93,683	94,605	107,852	101,479
Operating Income	43,550	55,317	64,020	69,415	64,359
Interest Expense	-109.6	-26.68	-92.14	-	-1,014
Interest Income	6,347	4,053	4,026	2,416	1,639
Net Interest Expense	6,237	4,026	3,934	2,416	625.21
Other Non-Operating Income (Expenses)	24.11	-227.63	-330.36	-247.74	-722.53
EBT Excluding Unusual Items	49,811	59,116	67,624	71,583	64,261
Pretax Income	49,811	59,116	67,624	71,583	64,261
Income Tax Expense	10,238	11,931	13,696	14,308	13,130
Earnings From Continuing Ops.	39,573	47,185	53,927	57,275	51,132
Minority Interest in Earnings	-75.69	-49.42	-186.88	-86.23	-18.3
Net Income	39,497	47,136	53,741	57,188	51,113
Net Income to Common	39,497	47,136	53,741	57,188	51,113
Net Income Growth	-16.20%	-12.29%	-6.03%	11.88%	-8.89%
Shares Outstanding (Basic)	21	21	21	21	21
Shares Outstanding (Diluted)	21	21	21	21	21
Shares Change (YoY)	0.01%	-0.02%	-0.01%	0.01%	-0.02%
EPS (Basic)	1881.00	2245.00	2559.00	2723.00	2434.00
EPS (Diluted)	1881.00	2245.00	2559.00	2723.00	2434.00
EPS Growth	-16.21%	-12.27%	-6.02%	11.87%	-8.87%
Free Cash Flow	54,783	59,039	82,894	81,964	77,256
Free Cash Flow Per Share	2608.95	2811.95	3947.22	3902.69	3678.91
Dividend Per Share	-	1500.000	2200.000	2300.000	-
Dividend Growth	-	-31.82%	-4.35%	-	-
Profit Margin	32.38%	31.64%	33.88%	32.26%	30.82%
Free Cash Flow Margin	44.91%	39.62%	52.26%	46.24%	46.59%
EBITDA	66,137	77,705	97,672	107,464	103,192
EBITDA Margin	54.22%	52.15%	61.57%	60.62%	62.22%
D&A For EBITDA	22,588	22,388	33,652	38,050	38,833
EBIT	43,550	55,317	64,020	69,415	64,359
EBIT Margin	35.70%	37.13%	40.36%	39.16%	38.81%
Effective Tax Rate	20.55%	20.18%	20.25%	19.99%	20.43%
Revenue as Reported	121,980	149,000	158,625	177,266	165,837

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