Construction and Investment Stock Company No 18 (HNX:L18)

HNX:L18 Income Statement

Financials in millions VND. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2019
Period Ending	Sep 30, 2025	Dec 31, 2024	Jan 1, 2024	Dec 31, 2022	Dec 31, 2021	Dec 31, 2019
Revenue	3,975,395	4,924,717	3,081,916	2,212,197	2,860,008	1,819,784
Revenue Growth (YoY)	-10.76%	59.79%	39.31%	-22.65%	57.16%	-1.02%
Cost of Revenue	3,674,423	4,294,577	2,877,130	2,097,222	2,705,713	1,756,317
Gross Profit	300,972	630,140	204,786	114,975	154,295	63,467
Selling, General & Admin	58,035	230,917	124,063	67,373	94,114	53,345
Operating Expenses	58,035	230,917	124,063	67,373	94,114	53,345
Operating Income	242,937	399,223	80,723	47,602	60,181	10,122
Interest Expense	-92,576	-107,439	-59,888	-36,164	-25,799	-20,891
Interest & Investment Income	6,547	4,318	6,223	3,473	3,166	9,509
Earnings From Equity Investments	494.88	803.54	733.12	359.75	497.95	652.5
Currency Exchange Gain (Loss)	9.56	9.56	-	-	-	-
Other Non Operating Income (Expenses)	37,233	22,353	45,199	40,606	22,886	35,444
EBT Excluding Unusual Items	194,646	319,269	72,991	55,876	60,933	34,835
Gain (Loss) on Sale of Investments	-11,786	-11,786	-	-	-	-
Gain (Loss) on Sale of Assets	894.33	298.29	63.14	-	-	-
Pretax Income	183,755	307,782	73,054	55,876	60,933	34,835
Income Tax Expense	29,191	82,939	15,753	11,870	12,847	8,319
Earnings From Continuing Operations	154,564	224,843	57,301	44,006	48,086	26,517
Minority Interest in Earnings	-12,698	-20,864	-15,239	-13,373	-13,141	-10,855
Net Income	141,866	203,979	42,062	30,633	34,945	15,662
Preferred Dividends & Other Adjustments	-	-	2,432	-	-	-
Net Income to Common	141,866	203,979	39,630	30,633	34,945	15,662
Net Income Growth	3.65%	384.95%	37.31%	-12.34%	123.13%	465.39%
Shares Outstanding (Basic)	46	46	46	-	-	20
Shares Outstanding (Diluted)	46	46	46	-	-	20
Shares Change (YoY)	-	-	-	-	-	107.92%
EPS (Basic)	3101.59	4459.56	866.42	-	-	775.00
EPS (Diluted)	3101.59	4459.56	866.42	-	-	775.00
EPS Growth	5.53%	414.71%	-	-	-	171.93%
Free Cash Flow	253,829	89,367	-195,690	-300,747	-610,403	-149,301
Free Cash Flow Per Share	5549.41	1953.81	-4278.32	-	-	-7388.06
Dividend Per Share	-	-	833.333	583.333	-	-
Dividend Growth	-	-	42.86%	-	-	-
Gross Margin	7.57%	12.80%	6.64%	5.20%	5.39%	3.49%
Operating Margin	6.11%	8.11%	2.62%	2.15%	2.10%	0.56%
Profit Margin	3.57%	4.14%	1.29%	1.39%	1.22%	0.86%
Free Cash Flow Margin	6.39%	1.81%	-6.35%	-13.59%	-21.34%	-8.20%
EBITDA	309,316	438,400	121,285	-	-	-
EBITDA Margin	7.78%	8.90%	3.94%	-	-	-
D&A For EBITDA	66,379	39,177	40,562	-	-	-
EBIT	242,937	399,223	80,723	47,602	60,181	10,122
EBIT Margin	6.11%	8.11%	2.62%	2.15%	2.10%	0.56%
Effective Tax Rate	15.89%	26.95%	21.56%	21.24%	21.08%	23.88%
Revenue as Reported	3,975,395	4,924,717	3,081,916	2,212,197	2,860,008	1,819,784

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