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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,210,500	1,232,706	1,088,149	969,624	885,141	1,184,858
Revenue Growth (YoY)	10.77%	13.29%	12.22%	9.54%	-25.30%	-7.85%
Cost of Revenue	1,041,855	1,089,169	967,379	841,889	759,860	1,047,830
Gross Profit	168,644	143,537	120,770	127,735	125,280	137,028
Selling, General & Admin	74,140	72,285	75,753	80,208	56,130	64,217
Operating Expenses	74,140	72,285	75,753	80,208	56,130	64,217
Operating Income	94,504	71,251	45,017	47,527	69,151	72,811
Interest Expense	-62,832	-67,087	-70,645	-52,586	-38,728	-36,791
Interest & Investment Income	10,967	10,194	8,416	39,224	8,183	2,406
Earnings From Equity Investments	0.31	4.55	9.28	99.23	6.3	-
Other Non Operating Income (Expenses)	-30,801	18,220	17,269	19.34	35,552	-487.69
EBT Excluding Unusual Items	11,838	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	53,611	74,355	22,114	34,284	74,164	37,939
Income Tax Expense	12,730	16,831	6,776	4,918	13,834	21,584
Earnings From Continuing Operations	40,880	57,524	15,338	29,366	60,329	16,356
Minority Interest in Earnings	-153.42	-15.27	-1,101	111.77	-385.09	-356.55
Net Income	40,727	57,509	14,237	29,477	59,944	15,999
Net Income to Common	40,727	57,509	14,237	29,477	59,944	15,999
Net Income Growth	27.93%	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)	19.96%	43.81%	0.07%	85.53%	43.68%	-0.05%
EPS (Basic)	593.15	847.25	301.64	625.00	2358.00	904.24
EPS (Diluted)	593.15	847.25	301.64	625.00	2358.00	904.24
EPS Growth	6.64%	180.89%	-51.74%	-73.49%	160.77%	-32.77%
Free Cash Flow	-66,102	318,813	-241,304	-257,789	-63,098	36,792
Free Cash Flow Per Share	-962.72	4696.91	-5112.43	-5465.81	-2482.06	2079.44
Dividend Per Share	-	-	-	-	-	1016.949
Gross Margin	13.93%	11.64%	11.10%	13.17%	14.15%	11.56%
Operating Margin	7.81%	5.78%	4.14%	4.90%	7.81%	6.14%
Profit Margin	3.36%	4.67%	1.31%	3.04%	6.77%	1.35%
Free Cash Flow Margin	-5.46%	25.86%	-22.18%	-26.59%	-7.13%	3.10%
EBITDA	104,961	82,191	56,268	59,242	80,674	84,227
EBITDA Margin	8.67%	6.67%	5.17%	6.11%	9.11%	7.11%
D&A For EBITDA	10,457	10,940	11,251	11,714	11,523	11,416
EBIT	94,504	71,251	45,017	47,527	69,151	72,811
EBIT Margin	7.81%	5.78%	4.14%	4.90%	7.81%	6.14%
Effective Tax Rate	23.75%	22.64%	30.64%	14.35%	18.65%	56.89%
Revenue as Reported	1,210,500	1,232,706	1,088,149	969,624	885,141	1,184,858

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