VICEM Cement Trading JSC Income Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	495,957	494,664	489,301	509,348	610,157	495,604
Revenue Growth (YoY)	-0.98%	1.10%	-3.94%	-16.52%	23.11%	-17.12%
Cost of Revenue	471,735	472,297	465,965	488,356	582,789	478,115
Gross Profit	24,222	22,367	23,336	20,992	27,368	17,489
Selling, General & Admin	17,717	17,471	23,659	21,713	23,794	18,353
Operating Expenses	17,717	17,471	23,659	21,713	23,794	18,353
Operating Income	6,505	4,896	-323.69	-720.18	3,574	-864.07
Interest & Investment Income	4,694	4,381	4,147	6,338	5,554	6,086
Currency Exchange Gain (Loss)	-	-	0.14	0.14	-	-
Other Non Operating Income (Expenses)	-3,163	-3,222	-1,870	-1,048	-1,899	-1,166
Pretax Income	8,036	6,055	1,953	4,570	7,229	4,057
Income Tax Expense	1,839	1,710	671.02	1,049	1,487	850.57
Net Income	6,197	4,346	1,282	3,521	5,741	3,206
Preferred Dividends & Other Adjustments	-	-	-	2,551	-	-
Net Income to Common	6,197	4,346	1,282	969.51	5,741	3,206
Net Income Growth	1028.64%	238.87%	-63.58%	-38.68%	79.06%	-62.95%
Shares Outstanding (Basic)	6	6	6	6	6	6
Shares Outstanding (Diluted)	6	6	6	6	6	6
Shares Change (YoY)	-	-	-	0.01%	-0.08%	0.04%
EPS (Basic)	1032.80	724.26	213.73	161.59	957.00	534.00
EPS (Diluted)	1032.80	724.26	213.73	161.59	957.00	534.00
EPS Growth	1028.64%	238.87%	32.27%	-83.12%	79.21%	-62.97%
Free Cash Flow	-33,429	2,891	2,089	-8,599	3,982	-6,746
Free Cash Flow Per Share	-5571.46	481.76	348.10	-1433.18	663.71	-1123.53
Dividend Per Share	-	-	300.000	-	600.000	800.000
Dividend Growth	-	-	-	-	-25.00%	-
Gross Margin	4.88%	4.52%	4.77%	4.12%	4.49%	3.53%
Operating Margin	1.31%	0.99%	-0.07%	-0.14%	0.59%	-0.17%
Profit Margin	1.25%	0.88%	0.26%	0.19%	0.94%	0.65%
Free Cash Flow Margin	-6.74%	0.58%	0.43%	-1.69%	0.65%	-1.36%
EBITDA	6,899	5,288	67.47	-558.79	3,961	-447.85
EBITDA Margin	1.39%	1.07%	0.01%	-0.11%	0.65%	-0.09%
D&A For EBITDA	394.33	391.95	391.15	161.38	387.11	416.22
EBIT	6,505	4,896	-323.69	-720.18	3,574	-864.07
EBIT Margin	1.31%	0.99%	-0.07%	-0.14%	0.59%	-0.17%
Effective Tax Rate	22.89%	28.23%	34.35%	22.96%	20.58%	20.97%
Revenue as Reported	495,957	494,664	489,301	509,348	610,157	495,604

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