Hoa Phat Group JSC 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	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Revenue	190,643,651	156,116,095	138,855,112	118,953,028	141,409,274	149,679,790
Revenue Growth	34.28%	12.43%	16.73%	-15.88%	-5.53%	66.09%
Cost of Revenue	159,306,883	131,618,306	120,357,563	106,015,187	124,645,848	108,571,380
Gross Profit	31,336,768	24,497,788	18,497,549	12,937,841	16,763,426	41,108,410
Selling, General & Admin	5,593,722	4,070,168	3,882,825	3,268,652	3,685,250	3,444,330
Operating Expenses	5,593,722	4,070,168	3,882,825	3,268,652	3,685,250	3,444,330
Operating Income	25,743,046	20,427,620	14,614,724	9,669,188	13,078,176	37,664,080
Interest Expense	-4,901,747	-3,114,856	-2,287,361	-3,585,078	-3,083,638	-2,525,823
Interest & Investment Income	6,881,677	1,262,868	1,258,680	1,953,143	1,822,023	1,194,371
Earnings From Equity Investments	1,988	-	-	-	-1,073	4,465
Currency Exchange Gain (Loss)	-604,918	-604,918	-326,874	-138,522	-1,858,656	225,268
Other Non Operating Income (Expenses)	32,765	47,377	2,422	-80,696	-45,239	32,170
EBT Excluding Unusual Items	27,152,811	18,018,092	13,261,591	7,818,035	9,911,593	36,594,531
Gain (Loss) on Sale of Investments	-	-	-	-130,581	1,729	504,221
Gain (Loss) on Sale of Assets	22,500	22,500	431,911	105,274	9,619	-41,975
Pretax Income	27,175,311	18,040,592	13,693,502	7,792,729	9,922,941	37,056,778
Income Tax Expense	3,794,317	2,525,660	1,673,479	992,340	1,478,512	2,535,823
Earnings From Continuing Operations	23,380,995	15,514,932	12,020,024	6,800,388	8,444,429	34,520,955
Minority Interest in Earnings	-163,570	-61,758	1,420	34,676	39,081	-42,812
Net Income	23,217,424	15,453,174	12,021,444	6,835,064	8,483,511	34,478,143
Preferred Dividends & Other Adjustments	309,063	309,063	470,000	408,000	42,200	1,704,030
Net Income to Common	22,908,361	15,144,111	11,551,444	6,427,064	8,441,311	32,774,113
Net Income Growth	76.73%	31.10%	79.73%	-23.86%	-74.24%	168.59%
Shares Outstanding (Basic)	8,443	8,443	8,443	8,443	8,443	8,443
Shares Outstanding (Diluted)	8,443	8,443	8,443	8,443	8,443	8,443
Shares Change	-0.00%	-	-	-	-	-
EPS (Basic)	2713.31	1793.69	1368.17	761.23	999.79	3881.78
EPS (Diluted)	2713.31	1793.69	1368.17	761.23	999.79	3881.78
EPS Growth	76.73%	31.10%	79.73%	-23.86%	-74.24%	168.59%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Free Cash Flow	1,675,970	-8,382,461	-28,886,706	-8,730,916	-5,609,868	15,099,443
Free Cash Flow Per Share	198.50	-992.83	-3421.37	-1034.10	-664.43	1788.38
Dividend Per Share	454.546	454.546	-	-	-	264.887
Dividend Growth	-	-	-	-	-	35.00%
Gross Margin	16.44%	15.69%	13.32%	10.88%	11.86%	27.46%
Operating Margin	13.50%	13.08%	10.53%	8.13%	9.25%	25.16%
Profit Margin	12.02%	9.70%	8.32%	5.40%	5.97%	21.90%
Free Cash Flow Margin	0.88%	-5.37%	-20.80%	-7.34%	-3.97%	10.09%
EBITDA	36,455,027	28,862,898	21,542,692	16,396,160	19,796,852	43,731,665
EBITDA Margin	19.12%	18.49%	15.52%	13.78%	14.00%	29.22%
D&A For EBITDA	10,711,982	8,435,278	6,927,967	6,726,971	6,718,676	6,067,585
EBIT	25,743,046	20,427,620	14,614,724	9,669,188	13,078,176	37,664,080
EBIT Margin	13.50%	13.08%	10.53%	8.13%	9.25%	25.16%
Effective Tax Rate	13.96%	14.00%	12.22%	12.73%	14.90%	6.84%
Revenue as Reported	190,643,651	156,116,095	138,855,112	118,953,028	141,409,274	149,679,790
Advertising Expenses	-	249,271	166,783	107,933	84,750	60,972