Vina2 Invest and Construction JSC (HNX:VC2)

HNX:VC2 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,104,322	1,232,706	1,088,149	969,624	885,141	1,184,858
Revenue Growth (YoY)	-6.13%	13.29%	12.22%	9.54%	-25.30%	-7.85%
Cost of Revenue	937,569	1,089,169	967,379	841,889	759,860	1,047,830
Gross Profit	166,754	143,537	120,770	127,735	125,280	137,028
Selling, General & Admin	73,383	72,285	75,753	80,208	56,130	64,217
Operating Expenses	73,383	72,285	75,753	80,208	56,130	64,217
Operating Income	93,370	71,251	45,017	47,527	69,151	72,811
Interest Expense	-62,007	-67,087	-70,645	-52,586	-38,728	-36,791
Interest & Investment Income	10,376	10,194	8,416	39,224	8,183	2,406
Earnings From Equity Investments	-	4.55	9.28	99.23	6.3	-
Other Non Operating Income (Expenses)	-33,824	18,220	17,269	19.34	35,552	-487.69
EBT Excluding Unusual Items	7,914	32,582	66.81	34,284	74,164	37,939
Gain (Loss) on Sale of Investments	42,978	42,978	22,528	-	-	-
Gain (Loss) on Sale of Assets	-	-	72.73	-	-	-
Other Unusual Items	-1,205	-1,205	-554.08	-	-	-
Pretax Income	49,687	74,355	22,114	34,284	74,164	37,939
Income Tax Expense	11,923	16,831	6,776	4,918	13,834	21,584
Earnings From Continuing Operations	37,764	57,524	15,338	29,366	60,329	16,356
Minority Interest in Earnings	-11.87	-15.27	-1,101	111.77	-385.09	-356.55
Net Income	37,752	57,509	14,237	29,477	59,944	15,999
Net Income to Common	37,752	57,509	14,237	29,477	59,944	15,999
Net Income Growth	12.57%	303.94%	-51.70%	-50.82%	274.68%	-32.80%
Shares Outstanding (Basic)	69	68	47	47	25	18
Shares Outstanding (Diluted)	69	68	47	47	25	18
Shares Change (YoY)	11.08%	43.81%	0.07%	85.53%	43.68%	-0.05%
EPS (Basic)	546.70	847.25	301.64	625.00	2358.00	904.24
EPS (Diluted)	546.70	847.25	301.64	625.00	2358.00	904.24
EPS Growth	1.34%	180.89%	-51.74%	-73.49%	160.77%	-32.77%
Free Cash Flow	75,078	318,813	-241,304	-257,789	-63,098	36,792
Free Cash Flow Per Share	1087.22	4696.91	-5112.43	-5465.81	-2482.06	2079.44
Dividend Per Share	-	-	-	-	-	1016.949
Gross Margin	15.10%	11.64%	11.10%	13.17%	14.15%	11.56%
Operating Margin	8.46%	5.78%	4.14%	4.90%	7.81%	6.14%
Profit Margin	3.42%	4.67%	1.31%	3.04%	6.77%	1.35%
Free Cash Flow Margin	6.80%	25.86%	-22.18%	-26.59%	-7.13%	3.10%
EBITDA	102,940	82,191	56,268	59,242	80,674	84,227
EBITDA Margin	9.32%	6.67%	5.17%	6.11%	9.11%	7.11%
D&A For EBITDA	9,570	10,940	11,251	11,714	11,523	11,416
EBIT	93,370	71,251	45,017	47,527	69,151	72,811
EBIT Margin	8.46%	5.78%	4.14%	4.90%	7.81%	6.14%
Effective Tax Rate	24.00%	22.64%	30.64%	14.35%	18.65%	56.89%
Revenue as Reported	1,104,322	1,232,706	1,088,149	969,624	885,141	1,184,858

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.