Vietnam Rubber Group 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Revenue	29,721,793	26,241,944	22,138,403	25,425,944	26,189,593	21,116,314
Revenue Growth (YoY)	20.80%	18.54%	-12.93%	-2.92%	24.02%	35.84%
Cost of Revenue	20,425,365	19,276,896	17,175,505	19,083,831	18,614,305	16,517,119
Gross Profit	9,296,427	6,965,048	4,962,898	6,342,113	7,575,288	4,599,195
Selling, General & Admin	3,056,684	2,879,383	2,455,901	2,354,050	2,189,073	2,216,972
Operating Expenses	3,056,684	2,879,383	2,455,901	2,354,050	2,189,073	2,216,972
Operating Income	6,239,744	4,085,665	2,506,997	3,988,063	5,386,215	2,382,223
Interest Expense	-246,838	-352,905	-477,578	-490,849	-608,000	-726,130
Interest & Investment Income	841,126	791,138	956,637	672,407	707,443	825,425
Earnings From Equity Investments	234,369	161,885	-208,250	203,590	285,453	319,423
Currency Exchange Gain (Loss)	53,074	53,074	34,875	35,218	-18,015	-10,548
Other Non Operating Income (Expenses)	719,195	91,153	605,272	1,237,904	444,317	1,095,350
EBT Excluding Unusual Items	7,840,671	4,830,011	3,417,953	5,646,334	6,197,414	3,885,743
Gain (Loss) on Sale of Investments	5,399	5,399	-25,818	-16,596	8,397	1,985,622
Gain (Loss) on Sale of Assets	770,981	770,981	721,757	71,881	6,958	39,810
Pretax Income	8,617,052	5,606,391	4,113,892	5,701,619	6,212,769	5,911,175
Income Tax Expense	1,278,470	779,725	741,030	948,360	872,723	834,821
Earnings From Continuing Operations	7,338,582	4,826,666	3,372,862	4,753,259	5,340,047	5,076,354
Minority Interest in Earnings	-965,901	-837,949	-749,686	-914,438	-1,181,850	-1,305,624
Net Income	6,372,680	3,988,717	2,623,175	3,838,821	4,158,196	3,770,730
Preferred Dividends & Other Adjustments	584,225	584,225	675,412	609,724	1,000,009	-
Net Income to Common	5,788,456	3,404,492	1,947,763	3,229,097	3,158,187	3,770,730
Net Income Growth	85.12%	52.06%	-31.67%	-7.68%	10.28%	51.52%
Shares Outstanding (Basic)	4,055	4,000	4,000	4,000	4,000	3,999
Shares Outstanding (Diluted)	4,055	4,000	4,000	4,000	4,000	3,999
Shares Change (YoY)	1.42%	-	-	-	0.03%	66.35%
EPS (Basic)	1427.36	851.12	486.94	807.27	789.55	943.00
EPS (Diluted)	1427.36	851.12	486.94	807.27	789.55	943.00
EPS Growth	106.25%	74.79%	-39.68%	2.25%	-16.27%	-8.91%
Free Cash Flow	49,002	-162,308	2,283,559	540,422	3,055,643	-1,711,381
Free Cash Flow Per Share	12.08	-40.58	570.89	135.11	763.91	-427.99
Dividend Per Share	-	-	-	350.000	-	-
Gross Margin	31.28%	26.54%	22.42%	24.94%	28.93%	21.78%
Operating Margin	20.99%	15.57%	11.32%	15.68%	20.57%	11.28%
Profit Margin	19.48%	12.97%	8.80%	12.70%	12.06%	17.86%
Free Cash Flow Margin	0.17%	-0.62%	10.32%	2.13%	11.67%	-8.11%
EBITDA	9,087,893	6,787,702	4,995,423	6,443,961	7,689,733	4,448,740
EBITDA Margin	30.58%	25.87%	22.56%	25.34%	29.36%	21.07%
D&A For EBITDA	2,848,149	2,702,036	2,488,426	2,455,898	2,303,518	2,066,517
EBIT	6,239,744	4,085,665	2,506,997	3,988,063	5,386,215	2,382,223
EBIT Margin	20.99%	15.57%	11.32%	15.68%	20.57%	11.28%
Effective Tax Rate	14.84%	13.91%	18.01%	16.63%	14.05%	14.12%
Revenue as Reported	29,721,793	26,241,944	22,138,403	25,425,944	26,189,593	21,116,314

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