Ngan Son 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	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	945,369	869,476	706,958	569,573	655,910
Revenue Growth (YoY)	8.73%	22.99%	24.12%	-13.16%	2.39%
Cost of Revenue	785,886	737,265	584,414	479,015	557,133
Gross Profit	159,484	132,211	122,544	90,558	98,777
Selling, General & Admin	122,374	106,884	105,675	77,863	87,087
Operating Expenses	122,374	106,884	105,675	77,863	87,087
Operating Income	37,110	25,327	16,869	12,695	11,689
Interest Expense	-6,261	-3,616	-3,158	-5,432	-6,242
Interest & Investment Income	83.78	352.36	748.62	2,300	2,702
Currency Exchange Gain (Loss)	390.77	1,679	314.29	-	-
Other Non Operating Income (Expenses)	-902.17	-1,224	18.3	-549.1	8.74
EBT Excluding Unusual Items	30,422	22,518	14,792	9,015	8,158
Gain (Loss) on Sale of Assets	202.73	596.21	511.72	-	-
Pretax Income	30,624	23,115	15,303	9,015	8,158
Income Tax Expense	6,301	4,804	3,192	1,910	1,797
Net Income	24,323	18,311	12,112	7,105	6,361
Preferred Dividends & Other Adjustments	-	-	3,966	-	-
Net Income to Common	24,323	18,311	8,145	7,105	6,361
Net Income Growth	32.83%	51.19%	70.48%	11.68%	549.31%
Shares Outstanding (Basic)	11	11	11	11	11
Shares Outstanding (Diluted)	11	11	11	11	11
Shares Change (YoY)	0.02%	-	-0.03%	0.06%	-0.55%
EPS (Basic)	2171.00	1634.63	727.13	634.00	568.00
EPS (Diluted)	2171.00	1634.63	727.13	634.00	568.00
EPS Growth	32.81%	124.81%	14.69%	11.62%	552.87%
Free Cash Flow	-135,054	-113,832	79,943	38,327	-17,647
Free Cash Flow Per Share	-12054.39	-10161.77	7136.47	3420.28	-1575.63
Dividend Per Share	-	1050.000	-	-	300.000
Gross Margin	16.87%	15.21%	17.33%	15.90%	15.06%
Operating Margin	3.92%	2.91%	2.39%	2.23%	1.78%
Profit Margin	2.57%	2.11%	1.15%	1.25%	0.97%
Free Cash Flow Margin	-14.29%	-13.09%	11.31%	6.73%	-2.69%
EBITDA	48,822	38,052	30,479	33,614	36,759
EBITDA Margin	5.16%	4.38%	4.31%	5.90%	5.60%
D&A For EBITDA	11,712	12,725	13,610	20,919	25,069
EBIT	37,110	25,327	16,869	12,695	11,689
EBIT Margin	3.92%	2.91%	2.39%	2.23%	1.78%
Effective Tax Rate	20.57%	20.78%	20.86%	21.19%	22.02%
Revenue as Reported	945,369	869,476	706,958	569,573	655,910

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.