Materials-Petroleum JSC 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	3,652,454	4,106,544	4,342,338	4,815,630	2,659,682
Revenue Growth (YoY)	-11.06%	-5.43%	-9.83%	81.06%	-8.26%
Cost of Revenue	3,461,910	3,908,259	4,154,700	4,683,228	2,482,573
Gross Profit	190,543	198,285	187,638	132,402	177,109
Selling, General & Admin	156,810	166,590	160,925	137,483	133,256
Operating Expenses	156,810	166,590	160,925	137,483	133,256
Operating Income	33,734	31,694	26,713	-5,081	43,853
Interest Expense	-	-	-66.3	-40.68	-
Interest & Investment Income	2,066	2,553	3,601	2,615	1,511
Other Non Operating Income (Expenses)	607.3	-495.34	14,776	-211.06	1,886
EBT Excluding Unusual Items	36,407	33,752	45,024	-2,718	47,250
Gain (Loss) on Sale of Investments	131.28	467.49	-1,614	3,654	1,319
Gain (Loss) on Sale of Assets	-509.29	-	-	-	-
Other Unusual Items	-	-	-452.1	-	1,355
Pretax Income	36,029	34,219	42,957	935.43	49,924
Income Tax Expense	7,062	7,343	8,500	-343.07	9,729
Net Income	28,967	26,876	34,458	1,278	40,195
Preferred Dividends & Other Adjustments	12,510	12,510	8,300	8,284	10,554
Net Income to Common	16,457	14,366	26,158	-7,006	29,641
Net Income Growth	7.78%	-22.00%	2595.17%	-96.82%	8.53%
Shares Outstanding (Basic)	14	14	14	14	14
Shares Outstanding (Diluted)	14	14	14	14	14
EPS (Basic)	1165.43	1017.39	1852.44	-496.14	2099.09
EPS (Diluted)	1165.43	1017.39	1852.44	-496.14	2099.09
EPS Growth	14.55%	-45.08%	-	-	9.81%
Free Cash Flow	27,996	-3,242	43,302	16,610	24,900
Free Cash Flow Per Share	1982.66	-229.59	3066.57	1176.28	1763.39
Dividend Per Share	-	1500.000	1500.000	1500.000	2000.000
Dividend Growth	-	-	-	-25.00%	-
Gross Margin	5.22%	4.83%	4.32%	2.75%	6.66%
Operating Margin	0.92%	0.77%	0.61%	-0.11%	1.65%
Profit Margin	0.45%	0.35%	0.60%	-0.14%	1.11%
Free Cash Flow Margin	0.77%	-0.08%	1.00%	0.34%	0.94%
EBITDA	42,410	42,192	37,551	5,664	54,832
EBITDA Margin	1.16%	1.03%	0.86%	0.12%	2.06%
D&A For EBITDA	8,676	10,498	10,837	10,745	10,980
EBIT	33,734	31,694	26,713	-5,081	43,853
EBIT Margin	0.92%	0.77%	0.61%	-0.10%	1.65%
Effective Tax Rate	19.60%	21.46%	19.79%	-	19.49%
Revenue as Reported	3,652,454	4,106,544	4,342,338	4,815,630	2,659,682

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