Apartment Income REIT 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	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024
Revenue	139,920	124,435	141,588
Revenue Growth (YoY)	-5.32%	-12.12%	-
Cost of Revenue	114,049	107,931	116,039
Gross Profit	25,871	16,504	25,549
Selling, General & Admin	13,110	13,592	16,940
Operating Expenses	13,110	13,592	16,940
Operating Income	12,761	2,911	8,609
Interest & Investment Income	26,296	26,296	30,359
Other Non Operating Income (Expenses)	3,906	3,762	2,970
Pretax Income	42,963	32,969	41,938
Income Tax Expense	8,686	6,687	8,478
Earnings From Continuing Operations	34,277	26,282	33,461
Minority Interest in Earnings	-8,820	-5,300	-8,990
Net Income	25,457	20,982	24,471
Net Income to Common	25,457	20,982	24,471
Net Income Growth	-5.45%	-14.26%	-
Shares Outstanding (Basic)	5	5	5
Shares Outstanding (Diluted)	5	5	5
EPS (Basic)	5570.17	4591.09	5354.35
EPS (Diluted)	5570.17	4591.09	5354.35
EPS Growth	-5.45%	-14.26%	-
Free Cash Flow	-9,726	-32,036	-2,083
Free Cash Flow Per Share	-2128.04	-7009.77	-455.75
Dividend Per Share	-	-	2000.000
Gross Margin	18.49%	13.26%	18.05%
Operating Margin	9.12%	2.34%	6.08%
Profit Margin	18.19%	16.86%	17.28%
Free Cash Flow Margin	-6.95%	-25.75%	-1.47%
EBITDA	15,976	6,911	13,863
EBITDA Margin	11.42%	5.55%	9.79%
D&A For EBITDA	3,215	4,000	5,254
EBIT	12,761	2,911	8,609
EBIT Margin	9.12%	2.34%	6.08%
Effective Tax Rate	20.22%	20.28%	20.21%
Revenue as Reported	139,920	124,435	141,588

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