Vietnam Airlines JSC (HOSE:HVN)
Vietnam · Delayed Price · Currency is VND 26,100
+50 (0.19%)
At close: Feb 9, 2026
Vietnam Airlines JSC 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 | Jan '24 Jan 1, 2024 | Jan '23 Jan 1, 2023 | Dec '21 Dec 31, 2021 |
| 121,212,932 | 105,941,972 | 91,539,865 | 70,410,221 | 27,911,340 | |
Revenue Growth (YoY) | 14.41% | 15.73% | 30.01% | 152.26% | -31.15% |
Cost of Revenue | 103,141,422 | 92,039,578 | 87,654,421 | 73,286,232 | 37,929,516 |
Gross Profit | 18,071,509 | 13,902,394 | 3,885,444 | -2,876,011 | -10,018,176 |
Selling, General & Admin | 8,864,609 | 6,922,205 | 6,312,230 | 4,867,302 | 2,918,506 |
Other Operating Expenses | - | 166,864 | 160,532 | 97,013 | - |
Operating Expenses | 8,864,609 | 7,089,069 | 6,472,762 | 4,964,314 | 2,918,506 |
Operating Income | 9,206,900 | 6,813,325 | -2,587,318 | -7,840,325 | -12,936,682 |
Interest Expense | -980,643 | -1,461,327 | -1,792,877 | -1,407,529 | -1,072,336 |
Interest & Investment Income | 431,089 | 226,469 | 166,723 | 207,912 | 179,140 |
Earnings From Equity Investments | 857,220 | 70,288 | 88,211 | 74,112 | -225,682 |
Currency Exchange Gain (Loss) | -834,115 | -1,495,518 | -901,875 | -1,502,055 | 552,669 |
Other Non Operating Income (Expenses) | -398,305 | -1,013,453 | -772,062 | -617,580 | -112,152 |
EBT Excluding Unusual Items | 8,282,146 | 3,139,784 | -5,799,198 | -11,085,466 | -13,615,042 |
Gain (Loss) on Sale of Investments | - | - | - | 188.01 | 557,736 |
Gain (Loss) on Sale of Assets | 935.78 | 568,691 | 187,539 | 139,794 | 91,660 |
Other Unusual Items | -6,164 | 4,707,167 | 249,049 | - | - |
Pretax Income | 8,276,918 | 8,415,642 | -5,362,609 | -10,945,484 | -12,965,646 |
Income Tax Expense | 562,920 | 458,080 | 269,139 | 277,531 | 313,770 |
Earnings From Continuing Operations | 7,713,997 | 7,957,563 | -5,631,748 | -11,223,015 | -13,279,416 |
Minority Interest in Earnings | -412,026 | -393,471 | -298,553 | -75,140 | 371,875 |
Net Income | 7,301,971 | 7,564,092 | -5,930,302 | -11,298,155 | -12,907,541 |
Net Income to Common | 7,301,971 | 7,564,092 | -5,930,302 | -11,298,155 | -12,907,541 |
Net Income Growth | -3.46% | - | - | - | - |
Shares Outstanding (Basic) | 2,443 | 2,214 | 2,214 | 2,214 | 1,632 |
Shares Outstanding (Diluted) | 2,443 | 2,214 | 2,214 | 2,214 | 1,632 |
Shares Change (YoY) | 10.32% | - | - | 35.68% | 15.07% |
EPS (Basic) | 2989.00 | 3415.87 | -2678.07 | -5102.14 | -7908.84 |
EPS (Diluted) | 2989.00 | 3415.87 | -2678.07 | -5102.14 | -7908.84 |
EPS Growth | -12.50% | - | - | - | - |
Free Cash Flow | 10,655,803 | 9,120,139 | 685,789 | 5,941,418 | -7,248,808 |
Free Cash Flow Per Share | 4361.86 | 4118.57 | 309.70 | 2683.09 | -4441.56 |
Gross Margin | 14.91% | 13.12% | 4.25% | -4.08% | -35.89% |
Operating Margin | 7.60% | 6.43% | -2.83% | -11.13% | -46.35% |
Profit Margin | 6.02% | 7.14% | -6.48% | -16.05% | -46.25% |
Free Cash Flow Margin | 8.79% | 8.61% | 0.75% | 8.44% | -25.97% |
EBITDA | 14,001,638 | 11,907,838 | 3,398,761 | -4,303,833 | -10,887,259 |
EBITDA Margin | 11.55% | 11.24% | 3.71% | -6.11% | -39.01% |
D&A For EBITDA | 4,794,738 | 5,094,513 | 5,986,079 | 3,536,492 | 2,049,423 |
EBIT | 9,206,900 | 6,813,325 | -2,587,318 | -7,840,325 | -12,936,682 |
EBIT Margin | 7.60% | 6.43% | -2.83% | -11.13% | -46.35% |
Effective Tax Rate | 6.80% | 5.44% | - | - | - |
Revenue as Reported | 121,212,932 | 105,941,972 | 91,539,865 | 70,410,221 | 27,911,340 |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.