Hoang Mai Stone 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024
Revenue	47,160	52,996	67,678
Revenue Growth (YoY)	-11.01%	-21.69%	-
Cost of Revenue	41,994	40,806	55,442
Gross Profit	5,166	12,190	12,236
Selling, General & Admin	3,025	2,445	3,685
Other Operating Expenses	-	47.22	61.96
Operating Expenses	3,025	3,038	4,163
Operating Income	2,141	9,152	8,073
Interest Expense	-6.43	-112.21	-6.68
Interest & Investment Income	-	105.9	55.96
Other Non Operating Income (Expenses)	1,963	-911.59	75.63
EBT Excluding Unusual Items	4,098	8,234	8,198
Gain (Loss) on Sale of Assets	-	-	11.19
Pretax Income	4,098	8,234	8,209
Income Tax Expense	928.04	2,201	1,642
Net Income	3,170	6,033	6,568
Net Income to Common	3,170	6,033	6,568
Net Income Growth	-47.46%	-8.14%	-
Shares Outstanding (Basic)	6	6	6
Shares Outstanding (Diluted)	6	6	6
Shares Change (YoY)	-0.03%	-	-
EPS (Basic)	565.00	1074.94	1170.18
EPS (Diluted)	565.00	1074.94	1170.18
EPS Growth	-47.44%	-8.14%	-
Free Cash Flow	-912.04	4,482	6,602
Free Cash Flow Per Share	-162.55	798.66	1176.38
Gross Margin	10.95%	23.00%	18.08%
Operating Margin	4.54%	17.27%	11.93%
Profit Margin	6.72%	11.38%	9.70%
Free Cash Flow Margin	-1.93%	8.46%	9.76%
EBITDA	3,176	10,244	9,844
EBITDA Margin	6.73%	19.33%	14.55%
D&A For EBITDA	1,035	1,092	1,771
EBIT	2,141	9,152	8,073
EBIT Margin	4.54%	17.27%	11.93%
Effective Tax Rate	22.64%	26.73%	20.00%
Revenue as Reported	47,160	52,996	67,678

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