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	745,304	1,032,919	1,086,843	858,313	730,196
Gross Profit	71,672	85,168	85,569	60,754	36,762
Selling, General & Admin	51,234	42,828	40,254	34,595	15,728
Other Operating Expenses	-	-	7	-	-
Operating Expenses	51,234	42,828	42,903	34,595	15,728
Operating Income	20,438	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
Earnings From Equity Investments	-139.42	-	-	-	-
Other Non Operating Income (Expenses)	-1,296	-1,570	-133.62	279.85	69.8
EBT Excluding Unusual Items	-18,042	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	-6,797	8,550	11,495	4,612	7,890
Income Tax Expense	2,851	5,336	6,834	2,238	2,873
Earnings From Continuing Operations	-9,648	3,214	4,661	2,374	5,017
Minority Interest in Earnings	-1.37	-0.68	-3.46	-2,618	-4,892
Net Income	-9,650	3,213	4,658	-243.75	124.78
Net Income to Common	-9,650	3,213	4,658	-243.75	124.78
Net Income Growth	-	-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)	-335.67	111.77	162.02	-8.48	4.34
EPS (Diluted)	-336.00	111.77	161.82	-8.48	4.34
EPS Growth	-	-30.93%	-	-	-96.75%
Free Cash Flow	30,826	40,341	-77,564	-230,256	-25,918
Free Cash Flow Per Share	1072.32	1403.31	-2698.12	-8009.20	-901.52
Gross Margin	8.77%	7.62%	7.30%	6.61%	4.79%
Operating Margin	2.50%	3.79%	3.64%	2.85%	2.74%
Profit Margin	-1.18%	0.29%	0.40%	-0.03%	0.02%
Free Cash Flow Margin	3.77%	3.61%	-6.62%	-25.05%	-3.38%
EBITDA	48,141	71,976	73,935	53,082	44,106
EBITDA Margin	5.89%	6.44%	6.31%	5.78%	5.75%
D&A For EBITDA	27,703	29,636	31,269	26,923	23,072
EBIT	20,438	42,340	42,666	26,159	21,034
EBIT Margin	2.50%	3.79%	3.64%	2.85%	2.74%
Effective Tax Rate	-	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.