Vinafreight JSC 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 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Revenue	1,632,423	1,773,057	1,122,952	2,102,178	4,895,878	2,468,752	Upgrade
Revenue Growth (YoY)	0.63%	57.89%	-46.58%	-57.06%	98.31%	26.90%	Upgrade
Cost of Revenue	1,499,800	1,594,747	1,043,329	1,993,791	4,700,724	2,420,329	Upgrade
Gross Profit	132,623	178,310	79,623	108,387	195,154	48,423	Upgrade
Selling, General & Admin	53,667	63,032	48,044	54,173	75,457	34,240	Upgrade
Operating Expenses	53,667	63,032	48,044	54,173	75,457	34,240	Upgrade
Operating Income	78,955	115,279	31,579	54,213	119,697	14,183	Upgrade
Interest Expense	-1,046	-1,861	-882.79	-2,738	-4,355	-4,451	Upgrade
Interest & Investment Income	14,477	10,519	10,524	38,978	39,194	23,864	Upgrade
Earnings From Equity Investments	-8,786	-25,251	-26,848	-32,609	-35,149	-16,315	Upgrade
Currency Exchange Gain (Loss)	-3,491	1,621	3,967	-	-	-	Upgrade
Other Non Operating Income (Expenses)	4,582	1,375	16.68	-17,779	-11,735	-2,393	Upgrade
EBT Excluding Unusual Items	84,692	101,682	18,355	40,065	107,653	14,888	Upgrade
Gain (Loss) on Sale of Assets	9.14	-	-	-	-	-	Upgrade
Pretax Income	84,701	101,682	18,355	40,065	107,653	14,888	Upgrade
Income Tax Expense	20,360	28,667	9,570	13,592	29,156	6,331	Upgrade
Earnings From Continuing Operations	64,341	73,015	8,785	26,473	78,497	8,557	Upgrade
Minority Interest in Earnings	-12,978	-13,136	-3,256	-5,465	-11,878	-1,645	Upgrade
Net Income	51,363	59,879	5,529	21,009	66,619	6,913	Upgrade
Preferred Dividends & Other Adjustments	-	-	2,497	-	-	-	Upgrade
Net Income to Common	51,363	59,879	3,032	21,009	66,619	6,913	Upgrade
Net Income Growth	-10.03%	982.90%	-73.68%	-68.46%	863.71%	-83.17%	Upgrade
Shares Outstanding (Basic)	32	32	32	28	26	15	Upgrade
Shares Outstanding (Diluted)	32	32	32	28	26	15	Upgrade
Shares Change (YoY)	-0.17%	-	12.41%	9.46%	70.08%	82.92%	Upgrade
EPS (Basic)	1620.27	1888.90	95.66	745.00	2585.83	456.35	Upgrade
EPS (Diluted)	1620.00	1888.90	95.66	745.00	2585.83	456.35	Upgrade
EPS Growth	-5.77%	1874.67%	-87.16%	-71.19%	466.64%	-90.80%	Upgrade
Free Cash Flow	29,526	161,475	-10,833	291,433	-167,679	18,364	Upgrade
Free Cash Flow Per Share	931.42	5093.80	-341.73	10334.59	-6508.48	1212.28	Upgrade
Dividend Per Share	1500.000	1500.000	700.000	700.000	416.667	-	Upgrade
Dividend Growth	114.29%	114.29%	-	68.00%	-	-	Upgrade
Gross Margin	8.12%	10.06%	7.09%	5.16%	3.99%	1.96%	Upgrade
Operating Margin	4.84%	6.50%	2.81%	2.58%	2.44%	0.57%	Upgrade
Profit Margin	3.15%	3.38%	0.27%	1.00%	1.36%	0.28%	Upgrade
Free Cash Flow Margin	1.81%	9.11%	-0.97%	13.86%	-3.43%	0.74%	Upgrade
EBITDA	80,588	116,566	32,632	54,990	120,298	15,231	Upgrade
EBITDA Margin	4.94%	6.57%	2.91%	2.62%	2.46%	0.62%	Upgrade
D&A For EBITDA	1,633	1,287	1,054	776.56	601.35	1,048	Upgrade
EBIT	78,955	115,279	31,579	54,213	119,697	14,183	Upgrade
EBIT Margin	4.84%	6.50%	2.81%	2.58%	2.44%	0.57%	Upgrade
Effective Tax Rate	24.04%	28.19%	52.14%	33.92%	27.08%	42.52%	Upgrade
Revenue as Reported	1,632,423	1,773,057	1,122,952	2,102,178	4,895,878	2,468,752	Upgrade

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