HNX:SED 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Revenue	1,100,712	1,331,234	1,041,164	907,369	685,345
Revenue Growth (YoY)	-17.32%	27.86%	14.74%	32.40%	13.44%
Cost of Revenue	829,283	1,021,824	781,035	676,525	511,748
Gross Profit	271,429	309,410	260,129	230,845	173,597
Selling, General & Admin	221,019	230,875	198,841	175,404	119,456
Operating Expenses	221,019	230,875	198,841	175,404	119,456
Operating Income	50,410	78,535	61,288	55,440	54,141
Interest Expense	-3,049	-3,309	-4,584	-4,665	-4,292
Interest & Investment Income	2,729	942.06	788.41	562.03	676.06
Other Non Operating Income (Expenses)	-1,319	2,145	-25.15	-270.48	-347.77
EBT Excluding Unusual Items	48,771	78,313	57,467	51,067	50,177
Gain (Loss) on Sale of Assets	-	354.55	39.15	-	144.9
Pretax Income	48,771	78,668	57,506	51,578	50,322
Income Tax Expense	12,568	17,682	16,309	13,665	12,067
Net Income	36,203	60,986	41,197	37,912	38,255
Preferred Dividends & Other Adjustments	-	10,368	7,004	6,445	6,503
Net Income to Common	36,203	50,618	34,194	31,467	31,752
Net Income Growth	-40.64%	48.03%	8.67%	-0.90%	1.55%
Shares Outstanding (Basic)	9	9	9	9	9
Shares Outstanding (Diluted)	9	9	9	9	9
Shares Change (YoY)	-	-	-	-	-1.90%
EPS (Basic)	3904.59	5459.35	3687.94	3393.86	3424.55
EPS (Diluted)	3904.59	5459.00	3687.94	3393.86	3424.55
EPS Growth	-28.47%	48.02%	8.67%	-0.90%	3.52%
Free Cash Flow	83,633	47,505	656.25	61,904	-30,209
Free Cash Flow Per Share	9020.11	5123.56	70.78	6676.63	-3258.12
Dividend Per Share	-	2000.000	1500.000	1500.000	1500.000
Dividend Growth	-	33.33%	-	-	7.14%
Gross Margin	24.66%	23.24%	24.98%	25.44%	25.33%
Operating Margin	4.58%	5.90%	5.89%	6.11%	7.90%
Profit Margin	3.29%	3.80%	3.28%	3.47%	4.63%
Free Cash Flow Margin	7.60%	3.57%	0.06%	6.82%	-4.41%
EBITDA	54,313	82,831	67,325	60,402	57,765
EBITDA Margin	4.93%	6.22%	6.47%	6.66%	8.43%
D&A For EBITDA	3,903	4,296	6,037	4,962	3,624
EBIT	50,410	78,535	61,288	55,440	54,141
EBIT Margin	4.58%	5.90%	5.89%	6.11%	7.90%
Effective Tax Rate	25.77%	22.48%	28.36%	26.50%	23.98%
Revenue as Reported	1,100,712	1,331,234	1,041,164	907,369	685,345

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