HOSE:HAH 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	5,091,077	3,992,095	2,612,690	3,205,610	1,955,301
Revenue Growth (YoY)	27.53%	52.80%	-18.50%	63.94%	64.08%
Cost of Revenue	3,126,356	2,725,389	2,001,624	1,783,865	1,241,008
Gross Profit	1,964,721	1,266,706	611,066	1,421,745	714,294
Selling, General & Admin	147,243	210,539	125,378	113,765	85,028
Operating Expenses	147,243	210,539	125,378	113,765	85,028
Operating Income	1,817,479	1,056,166	485,688	1,307,980	629,266
Interest Expense	-131,358	-102,566	-73,376	-57,167	-32,130
Interest & Investment Income	51,903	10,466	21,055	25,875	20,111
Earnings From Equity Investments	26,205	18,337	14,950	29,339	19,313
Currency Exchange Gain (Loss)	-	-1,968	-1,263	-6,329	5,368
Other Non Operating Income (Expenses)	-40,692	-6,165	-7,379	-30,509	-699.36
EBT Excluding Unusual Items	1,723,536	974,271	439,675	1,269,189	641,229
Gain (Loss) on Sale of Assets	-	3,018	10,369	-	21,088
Other Unusual Items	-	-	-	3,227	-
Pretax Income	1,723,536	977,289	450,044	1,272,416	662,317
Income Tax Expense	322,641	177,063	92,219	231,623	111,702
Earnings From Continuing Operations	1,400,895	800,226	357,825	1,040,793	550,615
Minority Interest in Earnings	-194,382	-149,727	27,075	-218,856	-105,102
Net Income	1,206,513	650,499	384,901	821,937	445,513
Preferred Dividends & Other Adjustments	65,852	37,052	35,065	60,074	28,810
Net Income to Common	1,140,661	613,447	349,836	761,863	416,703
Net Income Growth	85.47%	69.00%	-53.17%	84.49%	222.14%
Shares Outstanding (Basic)	167	158	158	155	151
Shares Outstanding (Diluted)	178	158	158	155	151
Shares Change (YoY)	12.77%	-	1.76%	2.96%	0.60%
EPS (Basic)	6829.88	3888.83	2217.72	4914.60	2767.77
EPS (Diluted)	6497.63	3888.46	2217.69	4914.38	2767.77
EPS Growth	67.10%	75.34%	-54.87%	77.56%	217.83%
Free Cash Flow	17,290	-281,325	-329,701	-309,063	170,236
Free Cash Flow Per Share	97.19	-1783.41	-2090.07	-1993.69	1130.72
Dividend Per Share	-	769.231	-	-	318.522
Gross Margin	38.59%	31.73%	23.39%	44.35%	36.53%
Operating Margin	35.70%	26.46%	18.59%	40.80%	32.18%
Profit Margin	22.41%	15.37%	13.39%	23.77%	21.31%
Free Cash Flow Margin	0.34%	-7.05%	-12.62%	-9.64%	8.71%
EBITDA	2,404,736	1,512,406	850,032	1,586,046	792,808
EBITDA Margin	47.23%	37.89%	32.53%	49.48%	40.55%
D&A For EBITDA	587,257	456,240	364,344	278,066	163,542
EBIT	1,817,479	1,056,166	485,688	1,307,980	629,266
EBIT Margin	35.70%	26.46%	18.59%	40.80%	32.18%
Effective Tax Rate	18.72%	18.12%	20.49%	18.20%	16.86%
Revenue as Reported	5,091,077	3,992,095	2,612,690	3,205,610	1,955,301

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.