MST Investment JSC Income Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	1,529,384	1,273,891	1,207,223
Revenue Growth (YoY)	26.69%	5.52%	-
Cost of Revenue	1,499,237	1,246,634	1,201,211
Gross Profit	30,147	27,257	6,012
Selling, General & Admin	5,718	4,861	31,880
Operating Expenses	5,718	4,861	31,880
Operating Income	24,429	22,396	-25,868
Interest Expense	-77,573	-18,807	-22,884
Interest & Investment Income	61,162	7,059	1,444
Other Non Operating Income (Expenses)	20,497	11,784	137,439
Pretax Income	28,516	22,432	90,132
Income Tax Expense	7,217	5,292	21,836
Net Income	21,299	17,140	68,295
Net Income to Common	21,299	17,140	68,295
Net Income Growth	-68.81%	-74.90%	-
Shares Outstanding (Basic)	84	84	79
Shares Outstanding (Diluted)	84	84	79
Shares Change (YoY)	6.31%	6.31%	-
EPS (Basic)	254.76	205.01	868.46
EPS (Diluted)	254.76	205.01	868.46
EPS Growth	-70.67%	-76.39%	-
Gross Margin	1.97%	2.14%	0.50%
Operating Margin	1.60%	1.76%	-2.14%
Profit Margin	1.39%	1.34%	5.66%
EBITDA	24,598	22,564	-25,374
EBITDA Margin	1.61%	1.77%	-2.10%
D&A For EBITDA	168.7	168.7	493.95
EBIT	24,429	22,396	-25,868
EBIT Margin	1.60%	1.76%	-2.14%
Effective Tax Rate	25.31%	23.59%	24.23%
Revenue as Reported	1,529,384	1,273,891	1,207,223

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.