Vinh Plastic and Bags JSC (HNX:VBC)

Vinh Plastic and Bags JSC Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2019
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2019
Revenue	855,527	844,435	822,003	874,544	994,517	989,722
Revenue Growth (YoY)	4.88%	2.73%	-6.01%	-12.06%	0.48%	6.26%
Cost of Revenue	777,047	767,722	746,670	788,088	901,903	901,700
Gross Profit	78,480	76,713	75,333	86,456	92,614	88,022
Selling, General & Admin	38,030	38,343	37,600	41,482	47,626	37,837
Operating Expenses	38,030	38,343	37,600	41,482	47,626	37,837
Operating Income	40,451	38,370	37,733	44,974	44,988	50,186
Interest Expense	-5,077	-5,155	-4,910	-10,712	-11,288	-14,171
Interest & Investment Income	43.19	43.19	3.32	47	4,250	848.29
Currency Exchange Gain (Loss)	2,132	2,132	2,356	1,289	-	-
Other Non Operating Income (Expenses)	-460.34	-110.44	-624.59	-184.29	-2,593	-704.2
EBT Excluding Unusual Items	37,088	35,280	34,558	35,413	35,357	36,159
Gain (Loss) on Sale of Assets	-	-	606	-	-	-
Pretax Income	37,088	35,280	35,164	35,413	35,357	36,159
Income Tax Expense	7,573	7,216	7,256	7,343	8,096	7,680
Net Income	29,515	28,064	27,908	28,069	27,262	28,478
Preferred Dividends & Other Adjustments	6,145	6,145	6,036	6,149	-	-
Net Income to Common	23,371	21,919	21,872	21,921	27,262	28,478
Net Income Growth	5.41%	0.56%	-0.58%	2.96%	-4.27%	2.15%
Shares Outstanding (Basic)	7	7	7	7	7	8
Shares Outstanding (Diluted)	7	7	7	7	7	8
Shares Change (YoY)	-	-	-	0.00%	-0.01%	0.00%
EPS (Basic)	3116.10	2922.56	2916.32	2922.78	3635.00	3797.00
EPS (Diluted)	3116.10	2922.56	2916.32	2922.78	3635.00	3797.00
EPS Growth	6.40%	0.21%	-0.22%	-19.59%	-4.27%	2.15%
Free Cash Flow	245,685	57,351	16,466	76,213	-31,527	-633.18
Free Cash Flow Per Share	32758.20	7646.88	2195.44	10161.83	-4203.70	-84.42
Dividend Per Share	-	-	1800.000	-	-	-
Gross Margin	9.17%	9.08%	9.16%	9.89%	9.31%	8.89%
Operating Margin	4.73%	4.54%	4.59%	5.14%	4.52%	5.07%
Profit Margin	2.73%	2.60%	2.66%	2.51%	2.74%	2.88%
Free Cash Flow Margin	28.72%	6.79%	2.00%	8.71%	-3.17%	-0.06%
EBITDA	56,253	54,199	53,395	61,565	-	-
EBITDA Margin	6.58%	6.42%	6.50%	7.04%	-	-
D&A For EBITDA	15,803	15,829	15,662	16,591	-	-
EBIT	40,451	38,370	37,733	44,974	44,988	50,186
EBIT Margin	4.73%	4.54%	4.59%	5.14%	4.52%	5.07%
Effective Tax Rate	20.42%	20.45%	20.64%	20.74%	22.90%	21.24%
Revenue as Reported	855,527	844,435	822,003	874,544	994,517	989,722

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