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	153,618	555,394	544,393	666,201	685,959
Revenue Growth (YoY)	-72.34%	2.02%	-18.28%	-2.88%	-
Cost of Revenue	148,314	528,058	514,759	655,666	634,902
Gross Profit	5,304	27,335	29,634	10,535	51,056
Selling, General & Admin	3,613	20,573	18,307	22,690	31,146
Operating Expenses	3,613	20,573	18,307	22,690	31,146
Operating Income	1,691	6,763	11,327	-12,155	19,910
Interest Expense	-1,763	-6,413	-8,905	-5,276	-4,507
Interest & Investment Income	209.31	2,617	1,902	2,501	1,303
Currency Exchange Gain (Loss)	190.73	-2,311	-1,908	-	-
Other Non Operating Income (Expenses)	-33.38	391.51	-87.36	-2,932	-817.73
EBT Excluding Unusual Items	294.9	1,048	2,329	-17,863	15,889
Gain (Loss) on Sale of Assets	-	-	-340.59	-	-
Pretax Income	294.9	1,048	1,989	-17,863	15,889
Income Tax Expense	-	-	66.02	-	3,251
Net Income	294.9	1,048	1,923	-17,863	12,638
Net Income to Common	294.9	1,048	1,923	-17,863	12,638
Net Income Growth	-71.86%	-45.48%	-	-	-
Shares Outstanding (Basic)	2	32	32	32	24
Shares Outstanding (Diluted)	2	32	32	32	24
Shares Change (YoY)	-94.25%	-	0.01%	33.53%	-
EPS (Basic)	161.00	32.92	60.38	-561.00	530.00
EPS (Diluted)	161.00	32.92	60.00	-561.00	530.00
EPS Growth	389.13%	-45.14%	-	-	-
Free Cash Flow	-27,123	-39,948	28,038	-142,080	6,231
Free Cash Flow Per Share	-14807.84	-1254.52	880.50	-4462.24	261.31
Gross Margin	3.45%	4.92%	5.44%	1.58%	7.44%
Operating Margin	1.10%	1.22%	2.08%	-1.82%	2.90%
Profit Margin	0.19%	0.19%	0.35%	-2.68%	1.84%
Free Cash Flow Margin	-17.66%	-7.19%	5.15%	-21.33%	0.91%
EBITDA	9,983	15,054	21,720	-	-
EBITDA Margin	6.50%	2.71%	3.99%	-	-
D&A For EBITDA	8,291	8,291	10,393	-	-
EBIT	1,691	6,763	11,327	-12,155	19,910
EBIT Margin	1.10%	1.22%	2.08%	-1.82%	2.90%
Effective Tax Rate	-	-	3.32%	-	20.46%
Revenue as Reported	153,618	555,394	544,393	666,201	685,959

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