HNX:VMC Income Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	816,976	1,118,087	1,172,412	919,067	766,957
Revenue Growth (YoY)	-26.93%	-4.63%	27.57%	19.83%	19.57%
Cost of Revenue	748,453	1,034,788	1,086,843	858,313	730,196
Gross Profit	68,523	83,300	85,569	60,754	36,762
Selling, General & Admin	35,009	40,258	40,254	34,595	15,728
Other Operating Expenses	33.75	7	7	-	-
Operating Expenses	37,863	40,960	42,903	34,595	15,728
Operating Income	30,660	42,340	42,666	26,159	21,034
Interest Expense	-39,920	-42,179	-50,598	-25,813	-17,365
Interest & Investment Income	2,876	4,255	5,039	3,988	4,151
Currency Exchange Gain (Loss)	-	0.61	-	-	-
Other Non Operating Income (Expenses)	2,300	-1,570	-133.62	279.85	69.8
EBT Excluding Unusual Items	-4,084	2,846	-3,026	4,612	7,890
Gain (Loss) on Sale of Investments	-	-	4,094	-	-
Gain (Loss) on Sale of Assets	11,244	5,703	10,427	-	-
Pretax Income	7,161	8,550	11,495	4,612	7,890
Income Tax Expense	4,570	5,336	6,834	2,238	2,873
Earnings From Continuing Operations	2,590	3,214	4,661	2,374	5,017
Minority Interest in Earnings	-1.39	-0.68	-3.46	-2,618	-4,892
Net Income	2,589	3,213	4,658	-243.75	124.78
Net Income to Common	2,589	3,213	4,658	-243.75	124.78
Net Income Growth	-19.42%	-31.02%	-	-	-96.74%
Shares Outstanding (Basic)	29	29	29	29	29
Shares Outstanding (Diluted)	29	29	29	29	29
Shares Change (YoY)	-0.00%	-	-0.01%	-0.00%	0.24%
EPS (Basic)	90.06	111.77	162.02	-8.48	4.34
EPS (Diluted)	90.06	111.77	161.82	-8.48	4.34
EPS Growth	-19.42%	-30.93%	-	-	-96.75%
Free Cash Flow	79,557	40,341	-77,564	-230,256	-25,918
Free Cash Flow Per Share	2767.49	1403.29	-2698.12	-8009.20	-901.52
Gross Margin	8.39%	7.45%	7.30%	6.61%	4.79%
Operating Margin	3.75%	3.79%	3.64%	2.85%	2.74%
Profit Margin	0.32%	0.29%	0.40%	-0.03%	0.02%
Free Cash Flow Margin	9.74%	3.61%	-6.62%	-25.05%	-3.38%
EBITDA	58,284	71,976	73,935	53,082	44,106
EBITDA Margin	7.13%	6.44%	6.31%	5.78%	5.75%
D&A For EBITDA	27,624	29,636	31,269	26,923	23,072
EBIT	30,660	42,340	42,666	26,159	21,034
EBIT Margin	3.75%	3.79%	3.64%	2.85%	2.74%
Effective Tax Rate	63.82%	62.41%	59.45%	48.52%	36.41%
Revenue as Reported	816,976	1,118,087	1,172,412	919,067	766,957

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