HNX:VHE 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	FY 2022	FY 2021	FY 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '19 Dec 31, 2019
Revenue	474,733	436,102	314,415	265,324	230,643	143,576
Revenue Growth (YoY)	2.32%	38.70%	18.50%	15.04%	60.64%	-30.98%
Cost of Revenue	437,242	420,327	301,640	254,103	197,316	111,425
Gross Profit	37,492	15,775	12,775	11,222	33,327	32,151
Selling, General & Admin	6,033	6,951	5,902	4,905	25,241	17,043
Operating Expenses	6,033	6,951	5,902	4,905	25,241	17,043
Operating Income	31,459	8,824	6,873	6,316	8,085	15,108
Interest Expense	-11,861	-6,725	-4,815	-4,303	-5,289	-4,341
Interest & Investment Income	5.67	2.22	2.83	74.05	110.25	76.74
Currency Exchange Gain (Loss)	-73.04	279.05	173.04	-	-	-
Other Non Operating Income (Expenses)	-86.28	-45.7	-192.03	-230.35	-209.11	555.35
Pretax Income	18,423	2,335	2,042	1,857	2,698	11,399
Income Tax Expense	3,843	401.45	415.08	425.81	580.34	2,280
Earnings From Continuing Operations	14,580	1,934	1,627	1,431	2,118	9,118
Minority Interest in Earnings	-59.59	-49.72	-	-	-	-
Net Income	14,520	1,884	1,627	1,431	2,118	9,118
Net Income to Common	14,520	1,884	1,627	1,431	2,118	9,118
Net Income Growth	437.84%	15.78%	13.70%	-32.41%	-76.78%	61.92%
Shares Outstanding (Basic)	33	33	33	33	32	-
Shares Outstanding (Diluted)	33	33	33	33	32	-
Shares Change (YoY)	2.44%	-	-0.43%	5.31%	-	-
EPS (Basic)	438.15	56.85	49.10	43.00	67.00	-
EPS (Diluted)	438.15	56.85	49.10	43.00	67.00	-
EPS Growth	425.04%	15.78%	14.19%	-35.82%	-	-
Free Cash Flow	-202,661	-2,063	100,884	7,253	-162,445	-7,828
Free Cash Flow Per Share	-6115.29	-62.24	3044.18	217.92	-5139.55	-
Gross Margin	7.90%	3.62%	4.06%	4.23%	14.45%	22.39%
Operating Margin	6.63%	2.02%	2.19%	2.38%	3.51%	10.52%
Profit Margin	3.06%	0.43%	0.52%	0.54%	0.92%	6.35%
Free Cash Flow Margin	-42.69%	-0.47%	32.09%	2.73%	-70.43%	-5.45%
EBITDA	39,876	15,495	13,756	13,210	14,700	20,337
EBITDA Margin	8.40%	3.55%	4.38%	4.98%	6.37%	14.16%
D&A For EBITDA	8,418	6,671	6,883	6,894	6,614	5,229
EBIT	31,459	8,824	6,873	6,316	8,085	15,108
EBIT Margin	6.63%	2.02%	2.19%	2.38%	3.51%	10.52%
Effective Tax Rate	20.86%	17.19%	20.32%	22.93%	21.51%	20.01%
Revenue as Reported	474,733	436,102	314,415	265,324	230,643	143,576

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