Thien Quang Group 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	641,047	555,394	544,393	666,201	685,959
Revenue Growth (YoY)	15.42%	2.02%	-18.28%	-2.88%	-
Cost of Revenue	601,150	528,058	514,759	655,666	634,902
Gross Profit	39,897	27,335	29,634	10,535	51,056
Selling, General & Admin	25,321	20,573	18,307	22,690	31,146
Operating Expenses	25,321	20,573	18,307	22,690	31,146
Operating Income	14,576	6,763	11,327	-12,155	19,910
Interest Expense	-8,307	-6,413	-8,905	-5,276	-4,507
Interest & Investment Income	984.93	2,617	1,902	2,501	1,303
Currency Exchange Gain (Loss)	-2,218	-2,311	-1,908	-	-
Other Non Operating Income (Expenses)	247.78	391.51	-87.36	-2,932	-817.73
EBT Excluding Unusual Items	5,284	1,048	2,329	-17,863	15,889
Gain (Loss) on Sale of Assets	-	-	-340.59	-	-
Pretax Income	5,284	1,048	1,989	-17,863	15,889
Income Tax Expense	196.38	-	66.02	-	3,251
Net Income	5,087	1,048	1,923	-17,863	12,638
Preferred Dividends & Other Adjustments	-508.75	-104.81	-	-	-
Net Income to Common	5,596	1,153	1,923	-17,863	12,638
Net Income Growth	385.38%	-45.48%	-	-	-
Shares Outstanding (Basic)	32	32	32	32	24
Shares Outstanding (Diluted)	32	32	32	32	24
Shares Change (YoY)	-	-	0.01%	33.53%	-
EPS (Basic)	175.74	36.21	60.38	-561.00	530.00
EPS (Diluted)	175.74	36.21	60.00	-561.00	530.00
EPS Growth	385.37%	-39.65%	-	-	-
Free Cash Flow	-27,123	-33,948	28,038	-142,080	6,231
Free Cash Flow Per Share	-851.78	-1066.10	880.50	-4462.24	261.31
Gross Margin	6.22%	4.92%	5.44%	1.58%	7.44%
Operating Margin	2.27%	1.22%	2.08%	-1.82%	2.90%
Profit Margin	0.87%	0.21%	0.35%	-2.68%	1.84%
Free Cash Flow Margin	-4.23%	-6.11%	5.15%	-21.33%	0.91%
EBITDA	22,723	6,771	21,720	-	-
EBITDA Margin	3.55%	1.22%	3.99%	-	-
D&A For EBITDA	8,146	8.29	10,393	-	-
EBIT	14,576	6,763	11,327	-12,155	19,910
EBIT Margin	2.27%	1.22%	2.08%	-1.82%	2.90%
Effective Tax Rate	3.72%	-	3.32%	-	20.46%
Revenue as Reported	641,047	555,394	544,393	666,201	685,959

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