HOSE:HHV Income Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Revenue	3,973,323	3,801,372	3,308,252	2,685,542	2,094,583	1,861,340
Revenue Growth (YoY)	18.49%	14.91%	23.19%	28.21%	12.53%	54.94%
Cost of Revenue	2,230,102	2,185,456	1,967,049	1,605,123	1,078,029	936,332
Gross Profit	1,743,221	1,615,915	1,341,202	1,080,419	1,016,554	925,008
Selling, General & Admin	73,336	73,341	67,013	57,115	72,874	94,936
Amortization of Goodwill & Intangibles	2,455	2,455	2,455	-	-	-
Operating Expenses	78,260	78,323	71,738	58,325	72,874	94,936
Operating Income	1,664,961	1,537,592	1,269,464	1,022,094	943,680	830,072
Interest Expense	-962,631	-905,259	-796,573	-662,436	-647,600	-550,795
Interest & Investment Income	7,130	6,687	9,427	16,607	5,445	21,826
Earnings From Equity Investments	83,879	90,587	57,828	44,265	52,722	11,386
Other Non Operating Income (Expenses)	26,050	40,065	19,621	6,054	-311.27	-416.69
EBT Excluding Unusual Items	819,387	769,671	559,768	426,583	353,935	312,072
Impairment of Goodwill	-	-	-	-2,455	-	-
Gain (Loss) on Sale of Assets	4,559	3,731	275	592.16	-	21,169
Other Unusual Items	-	-	18,524	-	-4.16	-53.19
Pretax Income	823,947	773,402	578,567	424,721	353,931	333,188
Income Tax Expense	108,392	102,218	83,462	60,263	56,522	42,541
Earnings From Continuing Operations	715,555	671,184	495,105	364,457	297,409	290,647
Minority Interest in Earnings	-101,110	-90,411	-68,689	-42,334	-33,359	-21,774
Net Income	614,444	580,773	426,416	322,123	264,050	268,873
Net Income to Common	614,444	580,773	426,416	322,123	264,050	268,873
Net Income Growth	29.88%	36.20%	32.38%	21.99%	-1.79%	95.99%
Shares Outstanding (Basic)	481	467	437	352	317	315
Shares Outstanding (Diluted)	481	467	594	524	335	631
Shares Change (YoY)	-18.37%	-21.26%	13.29%	56.29%	-46.85%	119.63%
EPS (Basic)	1276.86	1242.49	976.21	916.36	832.64	852.41
EPS (Diluted)	1276.00	1242.00	718.10	614.97	787.50	426.39
EPS Growth	59.02%	72.96%	16.77%	-21.91%	84.69%	-10.66%
Free Cash Flow	1,984,274	1,745,859	885,403	264,448	165,519	-76,620
Free Cash Flow Per Share	4123.45	3735.06	1491.53	504.67	493.67	-121.45
Gross Margin	43.87%	42.51%	40.54%	40.23%	48.53%	49.70%
Operating Margin	41.90%	40.45%	38.37%	38.06%	45.05%	44.59%
Profit Margin	15.46%	15.28%	12.89%	12.00%	12.61%	14.45%
Free Cash Flow Margin	49.94%	45.93%	26.76%	9.85%	7.90%	-4.12%
EBITDA	2,119,236	1,967,639	1,618,401	1,332,987	1,227,189	1,092,080
EBITDA Margin	53.34%	51.76%	48.92%	49.64%	58.59%	58.67%
D&A For EBITDA	454,275	430,047	348,937	310,893	283,509	262,009
EBIT	1,664,961	1,537,592	1,269,464	1,022,094	943,680	830,072
EBIT Margin	41.90%	40.45%	38.37%	38.06%	45.05%	44.59%
Effective Tax Rate	13.15%	13.22%	14.43%	14.19%	15.97%	12.77%
Revenue as Reported	3,973,323	3,801,372	3,308,252	2,685,542	2,094,583	1,861,340

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