Song Da - Thanh Hoa 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 2019	FY 2018
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018
Revenue	352,555	268,214	226,619	286,539	280,946
Revenue Growth (YoY)	31.45%	18.36%	-20.91%	1.99%	42.97%
Cost of Revenue	333,160	250,971	209,149	267,953	257,384
Gross Profit	19,395	17,242	17,470	18,586	23,563
Selling, General & Admin	16,355	14,658	13,176	16,899	16,329
Operating Expenses	16,355	14,658	13,176	16,899	16,329
Operating Income	3,040	2,585	4,293	1,687	7,234
Interest Expense	-4,332	-2,416	-2,187	-714.59	-650.71
Interest & Investment Income	-	768.97	549.03	409.15	399.75
Currency Exchange Gain (Loss)	-	-1.22	-	-	-
Other Non Operating Income (Expenses)	1,931	418.34	316.41	2,549	1,842
EBT Excluding Unusual Items	639.14	1,355	2,972	3,930	8,825
Gain (Loss) on Sale of Assets	-	6.36	-	-	-
Pretax Income	639.14	1,361	2,972	3,930	8,825
Income Tax Expense	130.3	272.51	611.3	801.08	1,808
Net Income	508.84	1,089	2,360	3,129	7,018
Net Income to Common	508.84	1,089	2,360	3,129	7,018
Net Income Growth	-53.26%	-53.87%	-24.57%	-55.41%	121.21%
Shares Outstanding (Basic)	3	3	3	3	3
Shares Outstanding (Diluted)	3	3	3	3	3
Shares Change (YoY)	0.24%	-	0.01%	-1.82%	1.85%
EPS (Basic)	188.00	403.23	874.18	1159.00	2552.00
EPS (Diluted)	188.00	403.00	874.00	1159.00	2552.00
EPS Growth	-53.35%	-53.89%	-24.59%	-54.58%	117.19%
Free Cash Flow	-34,624	-39,823	-7,362	12,782	-11,469
Free Cash Flow Per Share	-12792.40	-14749.14	-2726.51	4734.57	-4170.82
Dividend Per Share	-	800.000	-	-	-
Gross Margin	5.50%	6.43%	7.71%	6.49%	8.39%
Operating Margin	0.86%	0.96%	1.89%	0.59%	2.57%
Profit Margin	0.14%	0.41%	1.04%	1.09%	2.50%
Free Cash Flow Margin	-9.82%	-14.85%	-3.25%	4.46%	-4.08%
EBITDA	6,952	5,614	7,372	3,745	9,304
EBITDA Margin	1.97%	2.09%	3.25%	1.31%	3.31%
D&A For EBITDA	3,912	3,029	3,078	2,059	2,070
EBIT	3,040	2,585	4,293	1,687	7,234
EBIT Margin	0.86%	0.96%	1.89%	0.59%	2.57%
Effective Tax Rate	20.39%	20.02%	20.57%	20.38%	20.48%
Revenue as Reported	352,555	268,214	226,619	286,539	280,946

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