Vietnam Rubber Group JSC (HOSE:GVR)

Vietnam Rubber Group JSC Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2021	FY 2020	FY 2016
Period Ending	Sep 30, 2025	Dec 31, 2024	Jan 1, 2024	Dec 31, 2021	Dec 31, 2020	Dec 31, 2016
Revenue	29,721,793	26,241,944	22,138,403	26,189,593	21,116,314	15,544,946
Revenue Growth (YoY)	20.80%	18.54%	-15.47%	24.02%	35.84%	3.16%
Cost of Revenue	20,425,365	19,276,896	17,175,505	18,614,305	16,517,119	12,172,741
Gross Profit	9,296,427	6,965,048	4,962,898	7,575,288	4,599,195	3,372,205
Selling, General & Admin	3,056,684	2,879,383	2,455,901	2,189,073	2,216,972	1,551,153
Operating Expenses	3,056,684	2,879,383	2,455,901	2,189,073	2,216,972	1,551,153
Operating Income	6,239,744	4,085,665	2,506,997	5,386,215	2,382,223	1,821,052
Interest Expense	-246,838	-352,905	-477,578	-608,000	-726,130	-465,341
Interest & Investment Income	841,126	791,138	956,637	707,443	825,425	379,852
Earnings From Equity Investments	234,369	161,885	-208,250	285,453	319,423	378,385
Currency Exchange Gain (Loss)	53,074	53,074	34,875	-18,015	-10,548	21,291
Other Non Operating Income (Expenses)	719,195	91,153	605,272	444,317	1,095,350	1,123,173
EBT Excluding Unusual Items	7,840,671	4,830,011	3,417,953	6,197,414	3,885,743	3,258,413
Gain (Loss) on Sale of Investments	5,399	5,399	-25,818	8,397	1,985,622	12,353
Gain (Loss) on Sale of Assets	770,981	770,981	721,757	6,958	39,810	-
Pretax Income	8,617,052	5,606,391	4,113,892	6,212,769	5,911,175	3,270,766
Income Tax Expense	1,278,470	779,725	741,030	872,723	834,821	474,163
Earnings From Continuing Operations	7,338,582	4,826,666	3,372,862	5,340,047	5,076,354	2,796,603
Minority Interest in Earnings	-965,901	-837,949	-749,686	-1,181,850	-1,305,624	-307,940
Net Income	6,372,680	3,988,717	2,623,175	4,158,196	3,770,730	2,488,663
Preferred Dividends & Other Adjustments	584,225	584,225	675,412	-	-	-
Net Income to Common	5,788,456	3,404,492	1,947,763	4,158,196	3,770,730	2,488,663
Net Income Growth	85.12%	52.06%	-36.92%	10.28%	51.52%	45.33%
Shares Outstanding (Basic)	4,055	4,000	4,000	3,998	3,999	2,404
Shares Outstanding (Diluted)	4,055	4,000	4,000	3,998	3,999	2,404
Shares Change (YoY)	1.42%	-	0.04%	-0.01%	66.35%	-
EPS (Basic)	1427.36	851.12	486.94	1040.00	943.00	1035.30
EPS (Diluted)	1427.36	851.12	486.94	1040.00	943.00	1035.30
EPS Growth	106.25%	74.79%	-53.18%	10.29%	-8.91%	-
Free Cash Flow	49,002	-162,308	2,283,559	3,055,643	-1,711,381	328,837
Free Cash Flow Per Share	12.08	-40.58	570.89	764.24	-427.99	136.80
Gross Margin	31.28%	26.54%	22.42%	28.93%	21.78%	21.69%
Operating Margin	20.99%	15.57%	11.32%	20.57%	11.28%	11.71%
Profit Margin	19.48%	12.97%	8.80%	15.88%	17.86%	16.01%
Free Cash Flow Margin	0.17%	-0.62%	10.32%	11.67%	-8.11%	2.11%
EBITDA	9,087,893	6,787,702	4,995,423	7,687,022	4,448,740	3,062,142
EBITDA Margin	30.58%	25.87%	22.56%	29.35%	21.07%	19.70%
D&A For EBITDA	2,848,149	2,702,036	2,488,426	2,300,807	2,066,517	1,241,090
EBIT	6,239,744	4,085,665	2,506,997	5,386,215	2,382,223	1,821,052
EBIT Margin	20.99%	15.57%	11.32%	20.57%	11.28%	11.71%
Effective Tax Rate	14.84%	13.91%	18.01%	14.05%	14.12%	14.50%
Revenue as Reported	29,721,793	26,241,944	22,138,403	26,189,593	21,116,314	15,544,946

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.